Latka logo

2024 Revenue

$12.7M

Funding

$0

YOY

86.7%

Team

129

Founded

2012

How Electrum (Payments Technology) CEO Dave Glass grew Electrum (Payments Technology) to $12.7M revenue with a 129 person team in 2024.

Owner and operator of a FinTech Software Company intended to connects people directly to financial services, millions of times a day. The company's cloud-based transaction platform is used to process and switch a range of financial transactions including pre-paid products, gift cards and bill payments and permits its customers to grow their revenues and engage across all channels, enabling retailers and financial institutions to accept payments, process financial transactions, and provide value added services.

Last updated

Electrum (Payments Technology) Revenue

In 2024, Electrum (Payments Technology)'s revenue reached $12.7M. The company previously reported $6.8M in 2023. Since its launch in 2012, Electrum (Payments Technology) has shown consistent revenue growth.

Electrum (Payments Technology) Revenue GrowthReported revenue / ARR by year$0$3M$6M$9M$12M$15M2012201420162018202020222024$0$4M$7M$13MSource: GetLatka.com
YearMilestone
2024Electrum (Payments Technology) Hit $12.7m revenue in October 2024
2023Electrum (Payments Technology) Hit $6.8m revenue in December 2023
2021Electrum (Payments Technology) Hit $3.6m revenue in April 2021
2012Launched with $0 revenue

Electrum (Payments Technology) Valuation, Funding Rounds

Electrum (Payments Technology) is a bootstrapped Financial Services Software startup. Founded in 2012, Electrum (Payments Technology) has grown to $12.7M in revenue without raising any venture capital or outside funding.

As a self-funded Financial Services Software SaaS company, Electrum (Payments Technology) has built its business with no outside investment.

Electrum (Payments Technology) Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120122012 cumulative: $0 • 2012 Founded: $02012 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Electrum (Payments Technology) Employees & Team Size

Electrum (Payments Technology) employs approximately 129 people as of 2026, up from 100 in 2023.

Electrum (Payments Technology) has 129 total employees in different roles and functions and 2 sales reps that carry a quota.

Electrum (Payments Technology) Team GrowthReported headcount over time0306090120150201220142016201820202022202400129129Source: GetLatka.com
YearMilestone
2024Reached 129 employees (December 2024)
2024Reached 125 employees (October 2024)
2023Reached 100 employees (December 2023)
2022Reached 81 employees (December 2022)
2021Reached 64 employees (December 2021)
2021Reached 86 employees (April 2021)

Founder / CEO

Dave Glass

Dave Glass co-founder and managing director of Electrum Payments. Dave holds a BCom Honours (First Class) in Information Systems from the University of Cape Town and an MSc in Information Systems Management from Trinity College in Dublin. He has more than 13 years of experience in Software Development and in the payments industry.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

We do not have customer count information for Electrum (Payments Technology) yet.

Frequently Asked Questions about Electrum (Payments Technology)

What is Electrum (Payments Technology)'s revenue?

Electrum (Payments Technology) generates $12.7M in revenue.

Who founded Electrum (Payments Technology)?

Electrum (Payments Technology) was founded by Dave Glass.

Who is the CEO of Electrum (Payments Technology)?

The CEO of Electrum (Payments Technology) is Dave Glass.

How much funding does Electrum (Payments Technology) have?

Electrum (Payments Technology) raised $0.

How many employees does Electrum (Payments Technology) have?

Electrum (Payments Technology) has 129 employees.

Where is Electrum (Payments Technology) headquarters?

Electrum (Payments Technology) is headquartered in Cape Town, Western Cape, South Africa.

People Also Viewed

Sales Layer logo

Sales Layer

Developer of an information platform created to improve product management process. The company's platform uses analytics and automation to centralizes data and synchronizes it in all sales channels automatically to optimizes the management for all types of companies regardless of their size, sector or type, enabling brands and retailers to increase their sales by improving their content across multiple interfaces and multiple sales channels.

Rand Labs logo

Rand Labs

A blockchain development lab specialized in Algorand technology. Our Products: AlgoExplorer My Algo Incubation Labs: Professional development services [email protected]

Scalesource logo

Scalesource

Scalesource is a platform that provides virtual recruiters as a more cost-effective alternative to traditional in-house recruiters. Our service significantly reduces staffing expenses and enhances human resource management efficiency.

POC Pharma logo

POC Pharma

POC Pharma is a SaaS Company supporting pharma stakeholders to digitally manage their interactions, and grow faster and cheaper.

OnSeen logo

OnSeen

Developer if mobile workforce management software intended to manage people, places and assets. The company's platform schedules, dispatches, monitors and task remote staff and contractors, provide real-time status updates to everyone involved in the process and collaborate with mobile resources in real-time, enabling clients to optimize their processes and reduce their project costs.

Grain Intelligence Inc. logo

Grain Intelligence Inc.

Developer of a platform designed for organizational team meetings and collaboration. The company's platform optimizes video conversation workflows - from scheduling to follow-up - and makes it easy to recall, replay, and collaborate around every team or customer interaction, enabling employees to have a seamless experience for every team conversation.

Compare Electrum (Payments Technology) to the industry

Electrum (Payments Technology) operates across multiple industries. Browse revenue, funding, and growth data for Electrum (Payments Technology) in each sector below.

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 .

Electrum (Payments Technology) Revenue 2024: $12.7M ARR