Latka logo

Valuation

$1.5M

2024 Revenue

$486.3K

Funding

$0

YOY

26.5%

Team

9

Founded

2011

How Avance Pay grew Avance Pay to $486.3K revenue with a 9 person team in 2024.

Provider of mobile payment and mobile ticketing service platform designed to provide innovative cashless payment facilities. The company's mobile payment and mobile ticketing service platform offers NFC-based electronic transaction services by using their contactless prepaid scheme, enabling customers to use an innovative, impressively easy-to-use and secure Cashless Payment product, which can simplify their daily business and contribute to their success.

Last updated

Avance Pay Revenue

In 2024, Avance Pay's revenue reached $486.3K. The company previously reported $384.4K in 2023. Since its launch in 2011, Avance Pay has shown consistent revenue growth.

Avance Pay Revenue GrowthReported revenue / ARR by year$0$125K$250K$375K$500K$625K20112013201520172019202120232024$0$352K$486KSource: GetLatka.com
YearMilestone
2024Avance Pay Hit $486.3k revenue in October 2024
2023Avance Pay Hit $384.4k revenue in December 2023
2021Avance Pay Hit $352k revenue in April 2021
2011Launched with $0 revenue

Avance Pay Valuation, Funding Rounds

Avance Pay's most recent disclosed valuation is $1.5M.

Avance Pay is a bootstrapped Payment Software startup. Founded in 2011, Avance Pay has grown to $486.3K in revenue without raising any venture capital or outside funding.

As a self-funded Payment Software SaaS company, Avance Pay has built its business with no outside investment.

Avance Pay Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120112011 cumulative: $0 • 2011 Founded: $02011 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Avance Pay Employees & Team Size

Avance Pay employs approximately 9 people as of 2026, down from 10 in 2023.

Avance Pay has 9 total employees in different roles and functions and 1 sales reps that carry a quota.

Avance Pay Team GrowthReported headcount over time03691215201120132015201720192021202320240099Source: GetLatka.com
YearMilestone
2024Reached 9 employees (October 2024)
2023Reached 10 employees (December 2023)
2022Reached 11 employees (December 2022)
2021Reached 11 employees (December 2021)
2021Reached 13 employees (April 2021)

Customers

We do not have customer count information for Avance Pay yet.

Frequently Asked Questions about Avance Pay

What is Avance Pay's revenue?

Avance Pay generates $486.3K in revenue.

How much funding does Avance Pay have?

Avance Pay raised $0.

How many employees does Avance Pay have?

Avance Pay has 9 employees.

Where is Avance Pay headquarters?

Avance Pay is headquartered in Belp, Bern, Switzerland.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Avance Pay Revenue 2024: $486.3K ARR, $1.5M Valuation