When was TESS Payments founded?

TESS Payments was founded in 2016.

Where is TESS Payments located?

TESS Payments is located in Doha, Qatar .

Who is the current CEO of TESS Payments?

Saad Ishfaq and H E Hamad Bin Jabor Bin Jassim Al Thani are the current CEO of TESS Payments.

Is TESS Payments a funded company?

TESS Payments is a funded company, its first funding round was on Aug 27, 2024.

When was the latest funding round of TESS Payments?

TESS Payments's latest funding round was on Aug 27, 2024.

Where does TESS Payments rank among its competitors?

TESS Payments ranks 18 amongst 34 active competitors.

Who are the top competitors of TESS Payments?

TESS Payments' top competitors are Flutterwave, PayU and First Data.

TESS Payments - 2025 Company Profile, Funding & Competitors - Tracxn

Company Details

Fintech company providing online payment solutions for businesses. It offer an online payment gateway for real time transaction monitoring and data driven decision for managing business growth. It allows users to pay using a variety of local and international payment methods including credit and debit cards, mobile wallets, and more. It offers APIs, POS, CMS plugins, and mobile SDKs that allow for integration with e commerce platforms, and more. It is a tool available on the subscription based pricing model.

Website: www.tesspayments.com/
Social
Email ID: *****@tesspayments.com
Phone Number: +974 **********

Key Metrics

Founded Year

2016

Location

Doha, Qatar

Stage

Seed

Latest Funding Round

Seed, Aug 27, 2024, Undisclosed

Investors

Fingular

Ranked

18^th among 34 active competitors

Similar Companies

Razorpay & 3190 more

TESS Payments has raised funding over 1 round.

TESS Payments has 1 institutional investor - Fingular.

Here is the list of recent funding rounds of TESS Payments:

Date of funding	Funding Amount	Round Name	Post money valuation	Revenue multiple	Investors
Aug 27, 2024	Undisclosed	Seed	7250413	9816067	-

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Top competitors of TESS Payments include Flutterwave, PayU and First Data. Here is the list of Top 10 competitors of TESS Payments, ranked by Tracxn score:

Overall Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Flutterwave 2016, San Francisco (United States), Series D	Provider of payment processing solutions for businesses	$489M	Glynn Capital, Alrai Capital & 68 others	79/100
2nd	PayU 2002, Amsterdam (Netherlands), Funding Raised	Provider of online payment processing and credit solutions for business markets	-	Naspers, Prosus & 4 others	78/100
3rd	First Data 1971, Atlanta (United States), Acquired	Payments processing service provider	-	Stockwell Capital, HarbourVest Partners & 3 others	65/100
4th	CyberSource 1994, Foster City (United States), Acquired	E-Commerce payment management	-	Batterson Venture Capital, VCapital & 1 others	61/100
5th	Wirecard 1999, Aschheim (Germany), Acquired	Payment processing solutions for businesses and merchants	-	Demtech, SoftBank Group & 4 others	56/100
6th	Equiniti 2002, Lancing (United Kingdom), Acquired	Provider of financial technology and payment processing solutions	-	Strategic Equity Capital	53/100
7th	UnionPay Intl 2012, Shanghai (China), Public	Mobile payments and online payment solution businesses	-	China Merchants Capital, SAIF Partners & 11 others	46/100
8th	Gala Technology 2015, Rotherham (United Kingdom), Unfunded	Payment processing solutions for businesses	-	-	41/100
9th	Paysley 2005, Los Angeles (United States), Acquired	Non-card based payment processing solutions for businesses	-	-	38/100
10th	Fatora 2013, Doha (Qatar), Funding Raised	Invoice management software for businesses	-	Seedstars International Ventures	36/100
18th	TESS Payments 2016, Doha (Qatar), Seed	Fintech company providing online payment solutions for businesses	-	-	23/100