Last deal

Amount

Venture - Series Unknown

Stage

03.06.2014

Date

1

all rounds

date founded

Financing round

General

About Company
Hyperwallet is a financial technology company that provides a payment platform for businesses to send payments globally.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Hyperwallet

founded date

01.02.2000

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Founded in 2000, Hyperwallet offers a frictionless, transparent, and reliable payout platform for financial institutions and marketplace companies. Its payment platform and settlement network allow companies to distribute funds across countries in different currencies, providing a wide range of payment capabilities, integrated financial tools, tax reporting solutions, and small business support services. The platform also helps its users enhance outbound payment experiences and improve worker loyalty by providing mass payment options, including prepaid cards, global bank deposits, cash pickups, and check delivery services. With Hyperwallet's online mobile payment platform, businesses can independently offer a unique range of electronic payment service capabilities to their payees, including cross-border payments, prepaid card payments, and foreign exchange payment services.
Contacts

Contact Email

Phone number

Social url

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M&A Details
1

Transaction name

Acquired by

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announced date

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price

$400M

Financials

Funding Rounds
1
1

Number of Funding Rounds

Their latest funding was raised on 03.06.2014. Their latest investor Raymond James. Their latest round Venture - Series Unknown

Date 
Funding Round 
Investors 
Money Raised 
Lead 
03.06.2014
2
Co-Investors
Investors
2
0

Number of lead investors

2

Number of investors

Investor 
Lead 
Round 
Partners 
No
Venture - Series Unknown
No
Venture - Series Unknown
Raymond James

Raymond James

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Sector

Investment Banking and Brokerage Services

Subsector

Diversified Financial Services

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Financial Services, Banking

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Primus Capital

Primus Capital

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count Of Investments

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People

Founders
2
Lisa Shields
Lisa Shields

Lisa Shields

Lisa Shields is the Founder of Hyperwallet Systems Inc., a global outbound payments provider that offers fast, simple, and affordable funds distribution to businesses and their payees around the world. A firm believer in inclusive commerce and digital payments, Lisa is driven by the social and economic imperatives that shape global payment technologies. Lisa speaks frequently and passionately on the importance of low-cost, compliant cross-border payment methods, and is constantly looking for new ways to effectively and efficiently service the world’s underbanked population. Prior to founding Hyperwallet, Lisa managed payments acceptance and risk management technology teams for high volume online merchants. She holds Bachelors and Masters of Science degrees in Engineering from the Massachusetts Institute of Technology and is a founding director of the Wireless Innovation Society of British Columbia. In addition to managing hyperWALLET’s corporate clients, Ms. Shields also sits as the CEO of an international remittance business line that provides low-cost global money transfer services for consumers.

current job

Hyperwallet
Hyperwallet

count Of Investments

1

count Of Exists

1

Lisa Shields

Lisa Shields
Lisa Shields

Lisa Shields

Lisa Shields is FI.SPAN’s founder and CEO. FI.SPAN is Lisa’s second financial technology startup - she also founded and led Hyperwallet Systems Inc for 15 years; today it is recognized as a leading global payments processor for business to consumer mass payouts. She is a member of the Canadian FinPay Committee, was named the EY Regional Entrepreneur Of The Year in 2015 and received a Women in Payments Innovation Award in 2016. A firm believer in inclusive commerce, Lisa is always looking for new ways to unite ecosystem participants for the benefit of end users. She also has a personal interest in the underbanked and speaks frequently and passionately on the importance of low-cost, compliant payments.

current job

FISPAN
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count Of Investments

4

Lisa Shields

Employee Profiles
88

Zineddine Izeboudjene

Manager, business development

Allison Shonerd

Vp, financial network partner relationships

Simran Singh

Vice president, strategy and business development

Carlos Gil

Carlos Gil

Chief Technology Officer

Debojit Dhar

Senior software developer

Jonathan Hall

Director of business development, asia pacific

Amin Majidi

Product manager

Sharon Yang

Talent specialist

Activity

Recent News
0