# SAS Silkpay

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sas-silkpay

- Industry: Financial Services
- Headquarters: Paris, France
- Website: www.silkpay.fr
- Total disclosed funding: $0.7M
- Latest round: Seed (Feb 28, 2018)
- Investors on record: 1

## About

SAS Silkpay specializes in providing innovative payment solutions, including advanced point-of-sale systems and mobile payment technologies, to enhance transaction efficiency for businesses operating in diverse markets.Founded in 2017 and headquartered in Paris, France, SAS Silkpay focuses on delivering payment solutions tailored for online and in-store environments. The company was established by Annie G and Damiano Rinaldi, with Annie G serving as the CEO. Since its inception, SAS Silkpay has successfully completed three deals, with the most recent funding occurring on December 8, 2021, where it raised EUR 700,008.26 from various investors. The company has achieved a current valuation of EUR 5.327 mn.SAS Silkpay offers a comprehensive suite of payment solutions designed for both online and in-store environments. Their core product offerings include advanced point-of-sale (POS) terminals, SoftPOS technology that allows smartphones to function as payment terminals, and QR code payment options that facilitate quick transactions via mobile payment applications. These solutions cater to a diverse clientele, including retailers, restaurants, and e-commerce businesses in regions such as China, South Korea, Japan, the Philippines, Thailand, Malaysia, India, and Indonesia. By integrating with prominent payment methods like Visa, Mastercard, UnionPay, Alipay, and WeChat Pay, the company aims to enhance customer experiences and streamline payment processes. The service includes API integration for seamless incorporation into existing systems and the ability to generate secure payment links for easy transactions.In 2022, SAS Silkpay reported revenue of EUR 312,792.80, with an EBITDA of EUR -23,433.30. The company’s revenue model revolves around transaction fees collected from merchants who utilize their payment solutions. Clients typically enter into partnerships where they integrate SAS Silkpay's offerings into their operations, facilitating both online and in-store transactions across various payment methods. Pricing plans are structured based on transaction volumes and the types of utilized services, including POS systems and PaybyLink services, ensuring competitive pricing while enhancing transaction experiences for clients and their end-users.SAS Silkpay aims to enhance its product lineup with upcoming releases in payment solutions designed for emerging market demands. The company is also planning to expand its presence in key regions, including Southeast Asia, by 2023. The funding raised on December 8, 2021, will support these growth initiatives, allowing SAS Silkpay to invest in technology development and market expansion efforts.

## Funding rounds

- Seed, Feb 28, 2018, $0.7M — 50 Partners

## Investors

- 50 Partners (https://capitalatlas.ai/funds/50-partners) — Seed