# SymphoPay SRL

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/symphopay

- Industry: Financial Services
- Headquarters: Bucharest, Romania
- Website: www.symphopay.ro
- Total disclosed funding: $0.6M
- Latest round: Seed (Apr 5, 2016)
- Investors on record: 1

## About

SymphoPay SRL is a Romanian company specializing in payment solutions, offering innovative services to enhance financial transactions for businesses and consumers alike.Founded in 2015 by Daniel Nicolescu and Sebastian Ionita, SymphoPay SRL is based in Bucharest, Romania. The company focuses on providing payment solutions and has completed two deals, the latest funding round occurred on March 4, 2019. In this round, the company raised EUR 0.65 million led by Early Game Ventures with participation from Sparking Capital and returning investor GECAD Ventures.SymphoPay SRL offers comprehensive payment solutions that facilitate seamless financial transactions for businesses and individual users. The company’s core services include payment processing, transaction management, and financial integration, catering to a diverse clientele that ranges from small businesses to large enterprises.In the most recent fiscal year 2023, SymphoPay SRL reported a revenue of EUR 797,710.7 and an EBITDA of EUR 291,939.2, reflecting its operational performance and commitment to growth.SymphoPay SRL plans to leverage recent funding from its EUR 0.65 million venture round to develop new payment products and expand into additional markets, focusing on regions across Eastern Europe by 2025. The funding is expected to support product development and market entry strategies, enhancing the company’s service offerings.

## Funding rounds

- Seed, Apr 5, 2016, $0.6M — GECAD Ventures

## Investors

- GECAD Ventures (https://capitalatlas.ai/funds/gecad-ventures) — Seed