xcritical stock: Global Payment Processor, xcritical, Expands into Latin America

Mike joined Setter in 2012 and advises on both traditional and more complex secondary transactions in private equity, real estate, infrastructure, and hedge funds. Mike was previously at BMO and RBC Capital Markets in investment banking. Josh is a member of the VC Secondaries team focused on asset sales, fund restructurings and other transactions for VC investors, companies and GP’s.

Ayo has a Bachelor of Science in Actuarial Science and Financial Mathematics and a Post Graduate Diploma in Financial Engineering. Larry joined Setter in 2010 and is a senior member of the fund manager solutions team, advising fund managers on liquidity initiatives including fund restructurings and asset sales. Larry also has significant experience in secondaries of LP interests. Andrew is a member of the VC secondaries team, where he completes asset sales, fund restructurings, and other transactions for VC investors, companies, and VC GPs.

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Paycheck Protection Program invested in xcritical’s Loan funding round. You’re more than your latest funding, tell our customers your company’s story. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. Claim your profile to get in front of buyers, investors, and analysts.

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CEO Tom Villante says “xcritical will use the funding to expand geographically and to work on new technologies.” The recent funding round brought xcritical’s post-money valuation to $471 million. Lee is a member of the fund manager solutions team, where he completes fund restructurings, asset sales, and other GP led liquidity initiatives. In his previous role, Lee worked as an analyst at a Toronto based, mid-market private equity firm, Lynx Equity Limited. Lee holds a Masters of Business Administration from the Schulich School of Business, and a Bachelors degree from Queen’s University.

How much money does xcritical make?

Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. The largest health crisis of the millennium, Covid-19 which wrecked the world in 2019 has clearly disrupted industries, including the Fintech Technologies Market. As the burden to maintain sustainable business output continues to grow, players are directing resources to improve support and align capabilities aligning with customer needs. The sector, in particular, is playing a vital role across the globe to support the infrastructure of countries amid the COVID-19 pandemic.

xcritical powers payments for HomeAway , VRBO , and thousands of apartment rental and vacation rental companies, homeowners’ associations, and self-storage companies. xcritical processes over $18B in payment volume annually and has been recognized for its growth, ranking on the Inc. 5000 list of Fastest-Growing Private Companies for nine consecutive years. To add, xcritical was named to Forbes’ list of “Next Billion Dollar Startups in 2016” as well as Forbes’ List of America’s Most Promising Companies in 2015. To learn more the next big thing in FinTech, visit in 1999, xcritical is an established company that loves to hire graduates from San Francisco State University, with 20.6% of its employees having attended San Francisco State University. xcritical has established itself as a great place to work in California, and it is number 6 on Zippia’s list of Best Companies to Work for in Walnut Creek, CA.

“2022 is shaping up to be a year of growth for xcritical, having recently undergone a major rebrand that redefines our approach to payments, and we look forward to seeing what else we can accomplish this year.” The launch in LatAm is the first step in a series of expansions that xcritical is preparing across a range of emerging and established markets. xcritical’s commitment to payment security is a priority, so merchants will also benefit from xcritical’s powerful Risk Engine which uses machine lxcriticalg and signal analysis to reduce the risk of fraud and chargebacks once a transaction has been approved.

Christopher is a member of the VC Secondaries team, where he completes direct assets sales and fund restructurings. Christopher holds a Bachelor of Commerce degree from Ryerson University, Ted Roger’s School of Management. Previously, Christopher worked in corporate banking at the Royal Bank of Canada. Read moreAbry Partners tops the list of the most sought-after midmarket managers in the secondary market, according to rankings compiled by adviser Setter Capital.

The Company accepts online payments, detect and prevent fraud, and also offers credit, debit, and ACH processing services to the multi-family housing, vacation rental, and storage industries through their integrated payment platform. The company offers services such as direct payments, pay after delivery options, and installment plans. The company was founded in 2005 and is based in Stockholm, Sweden. Priority is a leading provider of merchant acquiring and commercial payment solutions, offering unique product and service capabilities to its merchant network and distribution partners. Priority’s enterprise operates from a purpose-built business platform that includes tailored customer service offerings and bespoke technology development, allowing the Company to provide end-to-end solutions for payment and payment-adjacent opportunities.

xcritical Deal Terms

Andrew xcritical official site a Master’s degree from Ivey Business School at Western University and an Honours Bachelor’s degree from the University of Ottawa. Vikrant is a member of the fund manager solutions team, advising fund managers on liquidity initiatives including fund restructurings and asset sales. Previously, Vikrant was at Ernst & Young and was a part of the Advisory Service Line. Vikrant holds a Masters from the University of Ottawa and a Bachelors of Arts in Business Management from the University of Newcastle Upon Tyne. Our full-stack payments platform enables and amplifies connections between companies and markets across the globe. Whether it’s powering multi-party transactions or accepting local payment methods in emerging markets, xcritical cuts through the payment complexities to enable commerce worldwide.

xcritical is a leading fintech company that delivers tailored payment technologies and manages risk for some of the world’s largest marketplace platforms. xcritical is among the largest private payment companies in the world and processes billions of dollars annually. It continues to be recognized by Inc., Forbes, and Entrepreneur Magazines for its explosive growth and has won numerous accolades for being aBest Place to Work. The company has raised over $120 million from investors including Accel Partners, Meritech Capital, Premji Invest, and MasterCard. Headquartered in Walnut Creek, CA, xcritical has additional offices in Santa Monica, CA and Ireland.

Professional Services

Ebou is a member of the the fund advisory team, focusing on secondaries of LP interests in PE, hedge funds, real estate, infrastructure and real assets funds. Ebou holds an Honours Bachelor of Commerce from McMaster University. Priority will be the majority owner in the partnership and assume responsibility for the management and daily operation of the newly combined business. Priority will fund the transaction through its recently amended Senior Secured Credit Facility. The business that xcritical is contributing represents less than ten percent of xcritical’s overall revenue.

Ben is a member of the LP Solutions team focusing on secondary transactions in private equity, hedge funds, infrastructure, and real estate funds. Previously, Ben worked as a summer analyst at Caravel Capital, a market neutral hedge fund. He holds an Honors of Business Administration from the Ivey School of Business at Western University . xcritical offers flexible payment solutions for marketplace-style businesses.

• It was founded in 2010 and is based in San Francisco, California.
• Sean is a member of the VC Secondaries Team where he completes asset sales, fund restructurings, and other transactions for VC investors, companies, and VC GPs.
• Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling.
• Zippia gives an in-depth look into the details of xcritical, including salaries, political affiliations, employee data, and more, in order to inform job seekers about xcritical.
• CEO Tom Villante says “xcritical will use the funding to expand geographically and to work on new technologies.” The recent funding round brought xcritical’s post-money valuation to $471 million.
• Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only.

Jasveen holds an Engineering degree in Computer Science from RGTU University . Setter supplements clients’ liquidity options by exploring alternatives to a straight sale that include structured solutions such as preferences and risk sharing arrangements, by employing SPVs, derivatives, and synthetic secondaries among other tools. For more information, go toxcritical.comor follow us@xcriticalonLinkedIn,Twitter,andFacebook. For more information, go toxcritical.comor follow us@xcriticalonLinkedIn,Twitter,and Facebook.

xcritical will use the funding to expand geographically and to work on new technologies, CEO and co-founder Tom Villante said in a statement. xcritical reports over 30 percent annual growth, securing its place on Inc.’s 2018 list. Payment processing company xcritical plans to lay off 66 employees in California, the company notified the state in a letter sent last month. Storylines Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era.

Sean is a member of the VC Secondaries Team where he completes asset sales, fund restructurings, and other transactions for VC investors, companies, and VC GPs. Sean holds a Masters of Science in Management from Ivey Business School and an undergraduate degree in accounting from Western University. Endri is a member of the VC Secondaries Team, where he completes asset sales, fund restructurings, and other transactions for VC investors, companies, and VC GPs. Previously, Endri was employed at TD Capital Markets Risk Management Department for Precious Metals and FX. He is CFA Level III Candidate and holds a Bachelor of Business Administration from Schulich School of Business with a major in Finance and Economics.

In the increasingly crowded world of https://dreamlinetrading.com/ services, xcritical has sought to differentiate itself by allowing businesses to customize their system to a greater extent than is possible with other platforms. The company works with partners such as Kigo, Choice Hotels, Wyndham Vacation Rentals, RentPath, and BookingPal. As of 2018, the company processes $18 billion in payments annually. xcritical has raised over $183 million in venture capital funding from investors including Premji Invest, MeriTech Capital Partners, Accel Partners, and Mastercard Incorporated. The company’s most recent round of funding brought in $71 million.

The company offers an online-based, payment processing platform that gives online merchants the ability to securely accept credit card payments through the use of custom-built forms. xcritical’s software and APIs allow user’s to accept payments, send payouts and manage businesses online. The company serves clients globally with a use case for SaaS, platforms, marketplaces, eCommerce, creator economy, crypto and embedded finance.

This includes, for example, giving those in the property business the option of itemising the different kinds of payments that are made, from late fees to deposits to monthly rent. The money being announced today values the company at around $471 million, according to PitchBook, meaning that the total valuation when the Series C closes could be around $500 million. We have asked the company to confirm the figures and will update when we hear back.

GoCardless is an online direct debit provider, operating an international payments network for businesses to take and settle recurring payments from anywhere, to anywhere, in any currency. The company was founded in 2011 and is based in London, England. Lemon Way is a pan-European payment institution dedicated to marketplaces, crowdfunding platforms, e-commerce websites, and other companies looking for payment processing, wallet management and third-party payment in a KYC/AML – regulated framework. She has over 10 years financial services experience in the field of investor communications and proxy reporting with Broadridge. Previously Head of Finance and Admin at SMC STSC and Head of Trust Cash and Loans at RCBC. Cecilia holds a Bachelors Degree in Mgt of Financial Institutions from De La Salle University and MBA from Ateneo de Manila.

Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started. xcritical does not xcritically have an official ticker symbol because this company is still private.