Finance:Paymentwall

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Paymentwall Inc.
Paymentwall logo.svg
Type of site
Private
Available inMultilingual
FoundedApril 2010
Headquarters,
United States
Area servedWorldwide
Founder(s)Honor Gunday, Vladimir Kovalyov
IndustryIT, Financial services
Employees150+ (July, 2015)[1]
Websitepaymentwall.com
UsersIncrease 200 thousand (2015)
Current statusActive

Paymentwall Inc. is a payment service provider which services businesses in the SaaS, travel, and e-commerce industries.

History

Honor Gunday and Vladimir Kovalyov started Paymentwall in April 2010 to help game companies on Facebook monetize their global traffic.[2]

On July 1, 2011, Facebook announced that they would no longer allow any outside monetization providers, at which point the company pivoted to providing services to non-Facebook games and online dating websites.[3][4]

In 2011, the company entered into partnership with Alipay, a third-party mobile and online payment platform, established in Hangzhou, China in February 2004 by the Alibaba Group.[5]

Paymentwall launched a payment system for Smart TVs in November 2014.[6]

In 2018, Paymentwall spun out Terminal3 as a global payment platform for gaming companies.[7]

Offices

Paymentwall is headquartered in San Francisco , with offices in Berlin,[8][9] Bangalore, Beijing, Gurgaon, Hanoi, Kyiv, Lisbon, London, Moscow, Manila, Seoul, Shenzhen, Cairo and Sofia.

In November 2015, the company unveiled its intergalactic-themed development lab in Kyiv.[10]

In July 2019, the company officially announced its two new office locations in Bangalore and Gurgaon.[11]

References

  1. "Global online payments company building on Kyiv roots". KyivPost. 8 July 2015. http://www.kyivpost.com/content/business/multibillion-dollar-online-payments-company-building-on-kyiv-roots-392934.html. 
  2. Sudolskiy, Roman. "Virtualnaya Kassa". Forbes. http://forbes.ua/magazine/forbes/1361514-virtualnaya-kassa. 
  3. Shield, Mike. "Facebook Makes 'Credits' Lone Gamer Currency". AdWeek. http://www.adweek.com/news/technology/facebook-makes-credits-lone-gamer-currency-125502. 
  4. Takahashi, Dean (18 July 2011). "Paymentwall's in-game payment options gain a good following". Venturebeat. https://venturebeat.com/2011/07/18/paymentwall-gathers-mometum-behind-its-offer-business-for-online-games/. 
  5. "Paymentwall partners with Alipay to enter the Chinese market (press release)". ThePaypers. http://www.thepaypers.com/news/online-payments/paymentwall-partners-alipay-to-enter-the-chinese-market/744999-3. 
  6. "Paymentwall launches a payment suite for smart TVs so you can buy with your remote control — or smartphone". Venturebeat. 6 November 2014. https://venturebeat.com/2014/11/06/paymentwall-launches-a-payment-suite-for-smart-tvs-so-you-can-buy-with-your-remote-control-or-smartphone/. 
  7. "Paymentwall spins out Terminal3 as payment platform for games" (in en-US). 2018-08-26. https://venturebeat.com/2018/08/26/paymentwall-spins-out-terminal3-as-payment-platform-for-games/. 
  8. "Paymentwall Opens New European HQ In Berlin". SiliconAllee. http://news.siliconallee.com/2012/02/13/paymentwall-opens-new-european-hq-in-berlin/. 
  9. "Paymentwall eröffnet Europa-Hauptsitz in Berlin" (in German). Gruenderszene. 13 February 2012. http://www.gruenderszene.de/news/paymentwall-berlin. 
  10. "Paymentwall opens the doors to its new futuristic development lab in Ukraine". KyivPost. http://www.kyivpost.com/article/content/company-news/paymentwall-opens-the-doors-to-its-new-futuristic-development-lab-in-ukraine-with-thanksgiving-donations-event-402675.html/. 
  11. "Paymentwall's Gunday Wants To Solve India's Cross Border Payments Problem" (in en-US). 2019-07-27. https://inc42.com/startups/paymentwalls-gunday-wants-to-solve-indias-cross-border-payments-problem. 

Further reading