Spreedly

Spreedly

Integrates multiple payment gateways for transactions

About

Spreedly connects various platforms, merchants, and payment providers to facilitate online transactions by integrating with over 100 payment gateways globally. It serves e-commerce businesses and merchants, allowing them to choose their preferred payment services, which is crucial for operating in multiple markets. The company generates revenue through fees for integration services and data analytics, helping clients optimize their payment processes. A key feature is its ability to compare payment performance metrics against industry averages, enabling businesses to make informed decisions.

Company Stage

Growth Equity (Venture Capital)

Employees

51-200

Industries

Data & Analytics, Fintech

Total Funding

$78.8M

Headquarters

N/A

Founded

2008


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Simplify's Take

What believers are saying

  • Spreedly's partnerships with companies like FlexPay and GroupSync enhance its service offerings and expand its market reach.
  • The company's advanced payment vaulting solutions, as seen in its collaboration with NuORDER, improve transaction security and customer trust.
  • Spreedly's continuous innovation in payment technologies, such as network tokenization, positions it as a leader in fraud prevention and transaction success.

What critics are saying

  • The rapidly evolving online payments industry requires constant innovation, which can strain resources and focus.
  • High competition from established payment platforms like Visa and emerging technologies could impact Spreedly's market share.

What makes Spreedly unique

  • Spreedly's integration with over 100 payment gateways and third-party API endpoints globally provides unparalleled flexibility for businesses operating in multiple markets.
  • The ability to benchmark payment performance metrics against industry averages offers clients actionable insights to optimize their payment processes.
  • Spreedly's focus on reducing involuntary churn through partnerships like FlexPay sets it apart in the online payments industry.

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Growth & Insights
Headcount

6 month growth

1%

1 year growth

-7%

2 year growth

0%

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