Super Payments

Super Payments

Free online payment processing with cashback

Overview

Super Payments offers free online payment processing for merchants via its Super app, while earning a commission on each transaction. For consumers, it provides instant cashback rewards when paying with the app. The system uses AI-powered technology to enable fast, secure checkout across multiple payment methods. Its goal is to reduce merchant costs, reward shoppers, and grow adoption among businesses and consumers in the digital payments ecosystem.

About Super Payments

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Not yet rated

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Industries

Consumer Software

Fintech

AI & Machine Learning

Financial Services

Company Size

11-50

Company Stage

Seed

Total Funding

$35.3M

Headquarters

London, United Kingdom

Founded

2022

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Simplify's Take

What believers are saying

  • Retailer partnerships can accelerate merchant adoption and category expansion.
  • Rewards economics can lift repeat purchases and customer lifetime value.
  • Advertising, credit, and payment extras create additional monetization beyond processing.

What critics are saying

  • Visa and Mastercard can blunt the zero-fee pitch with targeted pricing.
  • App adoption risk leaves merchant economics dependent on shopper usage.
  • Credit, rewards, or compliance failures can quickly trigger merchant churn.

What makes Super Payments unique

  • 0% processing fees span cards, open banking, and BNPL.
  • Samir Desai brings Funding Circle credibility and fintech operating experience.
  • AI-powered checkout combines fast settlement, security, and rewards in one network.

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Funding

Total Funding

$35.3M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:
Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$8.3M
Super Payments

Benefits

Health Insurance

Life Insurance

Meal Benefits

Flexible Work Hours

Remote Work Options

Paid Vacation

Professional Development Budget

Stock Options

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-2%

2 year growth

-11%
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About Super Payments

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