Spreedly

Integrates multiple payment gateways for transactions

Durham, North Carolina, United States

About Spreedly

Spreedly operates in the online payments industry, focusing on making online transactions accessible for various businesses. It connects merchants and platforms with over 100 payment gateway providers worldwide, allowing clients to process payments efficiently and securely. Spreedly's platform enables businesses to choose their preferred payment services, which is essential for those operating in multiple markets and currencies. The company generates revenue through fees for integration services and data analytics, helping clients optimize their payment processes. A standout feature of Spreedly is its ability to provide performance metrics, allowing businesses to compare their payment gateway success rates and processing speeds against industry averages. The goal of Spreedly is to enhance the online payment experience for its clients by offering comprehensive integration and valuable insights.

Durham, North CarolinaHeadquarters
2008Year Founded
$78.8MTotal Funding
GROWTH_EQUITY_VCCompany Stage
Data & Analytics, Fintech, Financial ServicesIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Unlimited Paid Time Off
401(k) Company Match
Flexible Work Hours
Remote Work Options
Paid Vacation
Paid Sick Leave
Paid Holidays
Sabbatical Leave
Hybrid Work Options
Professional Development Budget
Conference Attendance Budget
Wellness Program
Mental Health Support
Gym Membership
Phone/Internet Stipend
Home Office Stipend

Risks

Heightened competition as more companies adopt open banking and payments platforms.
DOJ lawsuit against Visa may lead to regulatory changes affecting Spreedly.
Complex cross-border B2B transactions pose compliance and integration challenges for Spreedly.

Differentiation

Spreedly integrates with over 100 payment gateways globally, offering vast payment flexibility.
The platform allows businesses to route transactions without handling consumer card data.
Spreedly provides performance benchmarking, comparing payment metrics against industry averages.

Upsides

Increased interest in open banking presents growth opportunities for Spreedly's offerings.
Partnership with dLocal enhances global payment access, boosting transaction volumes.
New Montreal office expands Spreedly's global footprint, opening Canadian market opportunities.

Funding

Total raised$78.84 M
Latest valuation$15.00 M
StageGROWTH_EQUITY_VC
GROWTH EQUITY VC
10/31/2019
$75
SERIES A
1/31/2016
$3
$15.00 M
SEED
12/31/2014
$1
$4.50 M