Secure Instant Payments, LLC
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Secure Instant Payments, LLC - overview
Established
2010
Location
-, UT, US
Primary Industry
Financial Services
About
Based in the US, Secure Instant Payments, LLC specializes in facilitating fast and secure payment processing solutions for businesses and consumers, offering an efficient gateway for online transactions. Secure Instant Payments, LLC was founded in 2010 in Clinton, US, providing payment processing solutions for various sectors. In February 2021, it was acquired by Core BTS, Inc. Financial terms were not disclosed.
The company has executed one total deal as of the most recent deal date. Secure Instant Payments offers a suite of payment processing solutions that enable fast, secure transactions for businesses and consumers. Its advanced payment gateway facilitates real-time processing of online payments across multiple methods, catering to e-commerce, retail, and financial institutions. The company services a diverse clientele, including small to medium-sized enterprises and large corporations throughout North America, Europe, and parts of Asia, focusing on user-friendly interfaces and robust security.
Secure Instant Payments generates revenue primarily through transaction fees charged for payment processing services. Businesses utilizing the platform incur a percentage-based fee per transaction, which varies based on volume and specific services. The company may also offer subscription models for enhanced services, thereby incorporating revenue from partnerships with retailers and wholesalers. With the acquisition by Core BTS, Inc.
in February 2021, Secure Instant Payments aims to enhance its digital offerings, particularly for government clients. The investment will support the expansion of digital experiences and services. Specific future products or geographic expansions were not detailed, but the focus will be on growth in serving government sectors.
Current Investors
Core BTS, Inc.
Primary Industry
Financial Services
Sub Industries
e-Financial
Website
www.instantpayments.com
Verticals
FinTech, FinTech, Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Secure Instant Payments, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Secure Instant Payments, LLC | - |
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