![]() ![]() , which has eleven offices globally, also announced plans to scale the company from 600+ employees to 1000 over the next year.Ĭ helps companies accept more payments around the world through one integration. In September 2019, announced that it had been awarded an Electronic Money Institution license by French regulators. The ProcessOut team of 14 will join 's growing Paris and London offices. Together, this will offer global merchants better performance and more options to manage their ever-evolving payments needs, whilst retaining the convenience of a single integration and unified reporting. ProcessOut will join the broader business to expand its service offering for enterprise merchants processing payments globally. We are looking forward to the next chapter of this journey and to continue working with some of the largest merchants to optimize their payments.”įounded in 2015 by a team of six French entrepreneurs, the proprietary ProcessOut platform empowers merchants by providing actionable insights through greater access to processing performance data. I’d like to thank the dedicated team behind ProcessOut and our investors and mentors who have helped and supported us throughout the journey to make the business what it is today. Manuel Huez, Chief Product Officer & Co-Founder of ProcessOut said: “We are excited to be joining at such a pivotal moment. Given we believe unconditionally that a business is only as good as its people, we are really excited to bring the ProcessOut team onboard to contribute towards our mission of building the future of banking.” “Furthermore it was clear from day one that their team closely aligned with our values to create a fairer and higher-performing payment ecosystem for businesses - with increased transparency and greater control. Combining their expertise and features to our platform will allow us to offer our global merchants with a deeper set of actionable insights to improve their acceptance rates and maximize the cost efficiency of their payments.” With over $20bn worth of transaction analyzed in 2019, ProcessOut fits in this category and as such we are delighted to make them our first acquisition. Guillaume Pousaz, Founder and CEO of said, “Whilst we always believe in organic growth, we respect businesses who have built great tech and managed to generate momentum. Meanwhile, a smart router optimizes payment processing in real-time to improve performance and reduce costs. ![]() ProcessOut’s technology provides a dashboard for businesses to monitor and benchmark payment processing capabilities. ProcessOut, an alumnus of Techstars NY and 50 Partners accelerator programs, works with a number of leading businesses, including Glovo, Dashlane, Rakuten, Veepee and OUI.sncf to optimize their international payment processing. This valued the company at nearly $2 billion, in Europe’s largest fintech Series A round ever. This represents the first acquisition for the London-based financial technology firm and follows their 2019 announcement of a record-breaking $230 million Series A funding round. The acquisition will enable to offer its enterprise customers more tools to optimize and streamline payment routingĬ, a leading global payment solutions provider, today announces the acquisition of technology startup ProcessOut.ProcessOut’s team of 14 will join ’s global team of 600 employees.More than 10% of all online transactions in France were touched by ProcessOut’s technology in 2019.In the past 12 months, over $20bn transactions were analysed by the ProcessOut platform.ProcessOut marks the first acquisition by.The app is available on PC, Mac, Android, and iOS, and has won critical acclaim from top publications, including: The New York Times, The Wall Street Journal, and USA Today.ĭashlane is backed top leading investors including Bessemer Venture Partners, Sequoia Capital, FirstMark, Balderton Capital, Rho Ventures, Silicon Valley Bank and many others.ĭashlane has acquired passOmatic on for an undisclosed amount. The company provides software that holds users' passwords, addresses and phone numbers in a single secure location and makes that information available on all devices.ĭashlane makes identity and payments simple and secure everywhere, with its world-leading password manager and secure digital wallet.ĭashlane was founded in by Bernard Liautaud and co-founders Alexis Fogel, Guillaume Maron and Jean Guillou.The company is headquartered New York, New York with an office in Paris, France.ĭashlane's users have collectively spent over $15 Billion online with it's digital wallet. It has helped over 6 million users in 150 countries manage and secure their digital identity. Dashlane is a provider of identity management software. ![]()
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