Central Payment Valuation, Funding & Investors

Central Payment is valued at $840M as of April 2018.

Last Central Payment valuation

$840M

Strategic investment · Apr 2018

Last Central Payment funding round

$126M

Strategic investment · Apr 2018

Cumulative funding Central Payment raised

$196M

across 2 funding rounds

Key investors in Central Payment

  • Financial Technology Partners

Central Payment Overview

About Central Payment

Central Payment is a national merchant services provider headquartered in Draper, Utah, offering payment processing solutions including point-of-sale systems, online gateways, and mobile payments for small to medium-sized businesses. The company processes billions in transactions annually through partnerships with major card networks like Visa and Mastercard, and provides equipment from providers such as Verifone and Ingenico. It serves retail, restaurant, e-commerce, and hospitality sectors with features like EMV compliance and PCI security standards.


Founded

2005

HQ

United StatesSan Francisco, CA

Website

cpay.com

Status

Privately held

Customer focus

B2B

Revenue model

Usage-based

Valuation

$840M (Apr 2018)

Central Payment Valuation

Central Payment is currently valued at $840M, based on its strategic investment round in April 2018.

Central Payment's valuation has grown 1.2x from $700M at its strategic investment round in February 2017 to $840M in April 2018, across 2 priced rounds.

Central Payment valuation by funding round

Central Payment valuation by funding round
DateStageValuation
Apr 2018Strategic investment$840M
Feb 2017Strategic investment$700M

Central Payment Funding History

Central Payment has raised a total of $196M across 2 funding rounds.

Central Payment's first fundraising round was a $70M strategic investment round in February 2017. The most recent completed round was a $126M strategic investment round in April 2018.

Central Payment funding rounds

Central Payment funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Apr 2018Strategic investment-$126M$840M-
Feb 2017Strategic investmentFinancial Technology Partners$70M$700MCentral Payment, headquartered in San Rafael, CA, is a fast-growing payment processor providing innovative processing services to over 70,000 businesses across various electronic transaction categories and industries. On February 9, 2017, the company completed a recapitalization involving the sale of an additional 10% equity stake to TSYS at a $700 million valuation, along with extending a put-call agreement on the remaining 15% equity exercisable until April 2018. Financial Technology Partners (FT Partners) served as the exclusive strategic and financial advisor to Central Payment and its owners in this transaction. This deal followed prior engagements by FT Partners, including Central Payment's initial 60% strategic growth investment from TSYS in 2012 and a subsequent recap in 2014. The transaction strengthened TSYS's merchant acquiring business through Central Payment's high-growth independent agent channel and enabled the company to leverage TSYS's relationships, processing capabilities, and sector expertise for further scaling.

Who has invested in Central Payment?

1 investor has backed Central Payment across its funding rounds, including Financial Technology Partners.


Central Payment Investors

Investors in Central Payment by funding rounds participated
InvestorHQRoundsRoleFirst check

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Central Payment Competitors

Central Payment competitors include listed companies like Worldline and Digital Garage, and private ones like TNG FinTech Group, Sipay, Alma and AtoB.

Public and private companies comparable to Central Payment
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
TNG FinTech GroupHong KongHong KongPrivate--$860M-
SipayTurkeyIstanbulPrivate$600M-$875M1.5x
AlmaFranceParisPrivate--$800M-
AtoBUnited StatesSan Francisco, CAPrivate$100M-$800M-
WorldlineFranceFrancePublicly listed$4.6B($5.2B)$887M0.7x
Digital GarageJapanJapanPublicly listed$263M$51M$706M1.9x

Central Payment Public Comps

Central Payment is still privately-owned, but its public comps include Worldline, Digital Garage, PaySign, SLR Digital Finance, Seshaasai, SZZT Electronics Co, LINE Pay Taiwan, AvenuesAI, Deluxe and Hightech Payment Systems.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Worldline$4.6B($5.2B)0.6x0.7x(0.6x)3.8x
Digital Garage$263M$51M1.9x1.9x10.0x10.3x
PaySign$82M$16M8.3x6.4x43.3x20.7x
SLR Digital Finance$224M$219M6.2x6.9x6.4x-
Seshaasai$150M$41M3.9x3.7x14.4x14.2x
SZZT Electronics Co$148M($7M)6.9x4.5x(143.3x)-
LINE Pay Taiwan$247M$24M----
AvenuesAI$846M$39M0.6x-13.4x-

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Common questions about Central Payment

When was Central Payment founded?Central Payment was founded in 2005.
Where is Central Payment headquartered?Central Payment is headquartered in San Francisco, CA, United States.
Is Central Payment publicly listed?No, Central Payment is a private, VC-backed company.
What is Central Payment's valuation?Central Payment was last valued at $840M in its strategic investment round in April 2018.
How much funding has Central Payment raised?Central Payment has raised $196M across 2 funding rounds.
What was Central Payment's last funding round?Central Payment's last funding round was a $126M strategic investment round in April 2018.
Who are Central Payment's investors?Central Payment's investors include Financial Technology Partners.
Which companies are comparable to Central Payment?Companies comparable to Central Payment include TNG FinTech Group, Sipay, Alma, AtoB, Worldline and Digital Garage.

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