Latitude Technologies

SoftwareSeries AAuckland, New Zealandlatipay.net

Latest round

Series A

Last raised

Jan 2017

Total raised

$3M

Investors

3

About Latitude Technologies

Latitude Technologies Limited is a payment solutions provider headquartered in Auckland, New Zealand, founded in 2015. The company specializes in processing payments and has undergone no notable business pivots. Peter Wei serves as both the Founder and CEO.Latipay specializes in providing innovative payment solutions designed to facilitate seamless transactions across various platforms. Their core offerings include a comprehensive payment gateway that supports both traditional and alternative payment methods, catering to a diverse range of businesses—both online and offline. This payment gateway allows for easy integration with e-commerce platforms, enabling clients to accept localized payment methods preferred by their customers. Latipay also offers solutions for marketplaces, cross-border transactions, micro-instant payments, and subscription billing, aiming to enhance the buying experience for consumers while optimizing payment processing for merchants.Latipay generates revenue through transactional fees associated with their payment processing services. Each transaction processed through their payment gateway incurs a fee, which is structured to accommodate various business models, including B2B partnerships and direct-to-consumer sales. Their flagship product, the payment gateway, primarily supports a subscription-based model for merchants, providing them with the tools necessary to manage payments efficiently. Additionally, Latipay’s Merchant App caters to small businesses, facilitating payment acceptance with streamlined functionalities that further contribute to their overall revenue stream.Latitude Technologies Limited aims to expand its product offerings and enter new markets. They are particularly focused on expanding their services into additional markets across Asia-Pacific, with the ambition of launching updated products by the end of 2024.

Who invested in Latitude Technologies

3 investors across 1 round

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Funding rounds

  1. Series A

    Jan 31, 2017

    Amount

    $3M

    Investors

    Locked

Questions about Latitude Technologies

Who invested in Latitude Technologies?

Latitude Technologies has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Latitude Technologies raised?

Latitude Technologies has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Latitude Technologies last raise money?

Latitude Technologies's most recent round on record is a Series A, in Jan 2017.

What does Latitude Technologies do?

Latitude Technologies Limited is a payment solutions provider headquartered in Auckland, New Zealand, founded in 2015.

Where is Latitude Technologies headquartered?

Latitude Technologies is headquartered in Auckland, New Zealand.

Which VCs invest in companies like Latitude Technologies?

Among active investors with capital left to deploy, Blackbird, AirTree Ventures, Square Peg and Immutable Ventures back software companies at Latitude Technologies's stage. Their profiles are linked below.

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