FreedomPay
Philadelphia, Pennsylvania, United States
2021 Revenue
$19.2M
Funding
$23.2M
Team · 2023
480
Founded
2000
FreedomPay Revenue & Funding (2021)
FreedomPay generated $19.2M in revenue in 2021.
FreedomPay is owned by FreedomPay Inc., a privately held payments technology company based in Philadelphia, Pennsylvania, United States. The company was founded in 2000 by Tom Durovsik and its primary focus is on providing a cloud-based payment and commerce platform that enables merchants to securely process payments, manage transactions, and deliver targeted promotions and incentives to customers. FreedomPay's platform is designed to support a wide range of payment methods, including credit and debit cards, mobile payments, and loyalty programs. The platform also includes advanced security features to protect against fraud and data breaches. FreedomPay serves a diverse range of industries, including retail, hospitality, healthcare, and gaming, among others. The company has won several awards for its innovative approach to payments technology and has quickly become a leading player in the payments industry.
Last updated
FreedomPay Revenue
In 2021, FreedomPay's revenue reached $19.2M.
| Year | Milestone | Source |
|---|---|---|
| 2021 | FreedomPay Hit $19.2m revenue in April 2021 | Not recorded |
| 2000 | Launched with $0 revenue |
FreedomPay Valuation, Funding Rounds
FreedomPay has not publicly disclosed its valuation. The company has raised $23.2M in total funding to date.
FreedomPay has raised $23.2M in total funding across 4 rounds, with its most recent round in 2008.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2008 | Funding round | $2.2M | - | - | Not recorded |
| 2007 | Funding round | $6M | - | - | Not recorded |
| 2004 | Funding round | $7M | - | - | Not recorded |
| 2002 | Funding round | $8M | - | - | Not recorded |
Founder / CEO
We don't have FreedomPay's Founder / CEO on record yet.
Customers
We do not have customer count information for FreedomPay yet.
FreedomPay Employees & Team Size
FreedomPay employs approximately 480 people as of 2026, up from 228 in 2021, including 24 sales reps that carry a quota. It serves 1B customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2023 | Reached 480 employees (July 2023) | Not recorded |
| 2021 | Reached 228 employees (April 2021) | Not recorded |
Frequently Asked Questions about FreedomPay
Is FreedomPay still an independent company?
No. FreedomPay was acquired by Barclaycard.
What is FreedomPay's revenue?
As of 2021, FreedomPay generated $19.2M in revenue.
How much funding does FreedomPay have?
FreedomPay raised $23.2M across 4 rounds.
How many employees does FreedomPay have?
As of 2023, FreedomPay had 480 employees.
Where is FreedomPay headquartered?
FreedomPay is headquartered in Philadelphia, Pennsylvania, United States.
Compare FreedomPay to the industry
FreedomPay operates across multiple industries. Browse revenue, funding, and growth data for FreedomPay in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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