FreedomPay

FreedomPay

Integrated payment solutions for global commerce

About FreedomPay

Simplify's Rating
Why FreedomPay is rated
C+
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Fintech

Financial Services

Company Size

501-1,000

Company Stage

Late Stage VC

Total Funding

$30.7M

Headquarters

Whitpain Township, Pennsylvania

Founded

2000

Overview

FreedomPay specializes in payment systems and global commerce solutions. The company offers a unified platform that streamlines the payment process for businesses, helping them to enhance customer satisfaction and increase revenue at the point of sale. FreedomPay's platform is designed for various clients, including online retailers and brick-and-mortar stores, and is particularly effective in high-transaction areas like Las Vegas. The platform provides features such as instant payments, lower transaction costs, and improved security. Unlike many competitors, FreedomPay focuses on creating a comprehensive suite of payment solutions that adapt to changing consumer preferences. The company's goal is to advance the future of payments while also engaging in community initiatives.

Simplify Jobs

Simplify's Take

What believers are saying

  • Rising demand for contactless payments aligns with FreedomPay's cashless solutions.
  • The trend towards omnichannel retailing supports FreedomPay's unified commerce platform.
  • Expansion of 5G technology enhances FreedomPay's mobile payment solutions.

What critics are saying

  • Emerging fintech startups offer similar solutions at lower costs, threatening market share.
  • Rapid technological advancements may outpace FreedomPay's current platform capabilities.
  • Expansion into new markets like Mexico may face regulatory and compliance challenges.

What makes FreedomPay unique

  • FreedomPay offers a PCI-validated P2PE solution enhancing payment security.
  • The platform supports omnichannel retailing with integrated payment solutions.
  • FreedomPay's partnerships with major players like Mastercard and Stripe boost its market presence.

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Funding

Total Funding

$30.6M

Below

Industry Average

Funded Over

5 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) Retirement Plan

401(k) Company Match

Flexible Work Hours

Hybrid Work Options

Parental Leave

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

2%

2 year growth

2%
FF News
Apr 2nd, 2025
FreedomPay: Driving the Digital Transformation of Commerce with its Next Level Commerce(TM) Platform in Mexico

FreedomPay, a leader in payment solutions, introduces its Next Level Commerce(TM) platform, designed to transform the way businesses manage transactions and connect with their customers.

Financial IT
Mar 31st, 2025
SumUp And FreedomPay Partner To Strengthen Offering To Retail And Hospitality Merchants Worldwide

Global fintech SumUp has partnered with FreedomPay, a global leader in Next Level Commerce(TM) technologies, to further strengthen their offering for retail and hospitality merchants worldwide.

PPI News Agency
Jan 13th, 2025
Mastercard and FreedomPay Unlock Global Commerce With New Payment Gateway Partnership

PHILADELPHIA, Jan. 13, 2025 (GLOBE NEWSWIRE) - FreedomPay, a leader in Next Level Commerce technologies, today announced a strategic alliance with Mastercard.

Electronic Payments International
Jan 8th, 2025
Verifone and FreedomPay forge alliance

The partnership brings together Verifone's portfolio of payment hardware with FreedomPay's Next Level Commerce platform.

Finance Magnates
Oct 9th, 2024
Stripe and FreedomPay Collaborate for Enterprise Solutions over 1,000 POS Systems

Meanwhile, Stripe has appointed Rahul Patil as the new Chief Technology Officer, succeeding David Singleton, as reported by Finance Magnates.

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