FreedomPay - About the company
FreedomPay is a series B company based in Radnor (United States), founded in 2000 by Tom Durovsik. It operates as an Online payment gateway and MPOS solutions for businesses. FreedomPay has raised $7.76M in funding. The company has 2323 active competitors, including 151 funded and 198 that have exited. Its top competitors include companies like Square, Lightspeed and SpotOn.
Company Details
Online payment gateway and MPOS solutions for businesses. It is a white label commerce platform for banks, retailers, and healthcare allowing customers to deliver secure and cloud-based user experiences across the commerce ecosystem, in-store, online, and mobile.
- Website
- corporate.freedompay.com
- Social
- Registered Address
- Philadelphia, Pennsylvania
Key Metrics
Founded Year
2000
Location
Radnor, United States
Stage
Series B
Total Funding
$7.76M in 3 rounds
Latest Funding Round
Investors
Ranked
65th among 2323 active competitors
Employee Count
5 as on Jun 30, 2026
Legal entities associated with FreedomPay
FreedomPay is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FREEDOMPAY, INC. CIN: 233028266 , United States, Active | Sep 16, 1999 | - | 478 (As on Dec 31, 2024) | - |
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FreedomPay's funding and investors
FreedomPay has raised a total funding of $7.76M over 3 rounds. Its first funding round was on Dec 19, 2008. Its latest funding round was a Series B round on Oct 09, 2018 for $*****. 1 investor participated in its latest round. FreedomPay has 7 institutional investors.
Here is the list of recent funding rounds of FreedomPay:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 09, 2018 | 1979098 | Series B | 2583087 | 1955130 | 7177633 | 3570735 |
Dec 28, 2015 | 1222367 | Series A | 7898936 | 1252515 | 6021022 | 7087618 |
Dec 19, 2008 | 1900207 | Series A | 4605338 | 3059683 | 3613948 |
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FreedomPay's founders and board of directors
Founder? Claim ProfileThe founders of FreedomPay is Tom Durovsik.
Here are the details of FreedomPay's key team members:
- Tom Durovsik: Founder & CEO of FreedomPay.
View details of FreedomPay's Founder profiles and Board Members
FreedomPay's employee count trend
FreedomPay has 5 employees as of Jun 26. Here is FreedomPay's employee count trend over the years:
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FreedomPay's Competitors and alternates
Top competitors of FreedomPay include Square, Lightspeed and SpotOn. Here is the list of Top 10 competitors of FreedomPay, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Square 2009, San Francisco (United States), Public | Provider of integrated point of sale and business management solutions | $520M | 85/100 | |
2nd | Lightspeed 2005, Montreal (Canada), Public | Provider of point of sale and payment platform for businesses | $292M | 79/100 | |
3rd |  SpotOn 1999, San Francisco (United States), Series F | Point-of-sale systems and business software solutions for restaurants and small businesses | $923M | 78/100 | |
4th | Provider of point-of-sale terminals and digital payment solutions for businesses | $997M | 74/100 | ||
5th | Clover 2010, Mountain View (United States), Acquired | Provider of point-of-sale solutions for restaurants, retail, and services | $8.75M | 74/100 | |
6th |  Yoco 2015, Cape Town (South Africa), Series C | Provider of point-of-sale systems, card machines, and online payment solutions | $107M | 73/100 | |
7th | Cloud-based mPOS software and hardware solutions for businesses | $66.4M | 72/100 | ||
8th | Provider of POS solutions for retail stores | $103M | 70/100 | ||
9th | DNA Payments 2018, London (United Kingdom), Series D | Provider of omnichannel payment solutions, including terminals, online payments, and ePOS | $141M | 69/100 | |
10th | Provider of solutions for sales, business management, and financial services | - | 69/100 | ||
65th | FreedomPay 2000, Radnor (United States), Series B | Online payment gateway and MPOS solutions for businesses | $7.76M | 52/100 |
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FreedomPay's Investments and acquisitions
FreedomPay has made no investments or acquisitions yet.
Reports related to FreedomPay
Here is the latest report on FreedomPay's sector:
News related to FreedomPay
Filter this listMedia has covered FreedomPay for a total of 15 events in the last 1 year, 7 of them have been about partnerships and 5 about company updates.
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FreedomPay Appoints Two Senior Leaders to Global Leadership TeamGlobeNewswire•Apr 30, 2026•FreedomPay, Subway
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FreedomPay Launches BigCommerce Plugin for Secure eCommerce PaymentsGlobeNewswire•Apr 23, 2026•FreedomPay, BigCommerce
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Agilysys and FreedomPay Extend Partnership to Support Open Commerce for HospitalityBusiness Wire•Apr 14, 2026•Agilysys, FreedomPay, Metzler
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Propelr Partners with FreedomPay and DRIVE for Integrated PaymentsNewswire•Mar 02, 2026•FreedomPay, , Propelr, DRIVE
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Merchant Rentals Partners with FreedomPay on POS FinanceAsian Trader•Feb 03, 2026•Merchant Rentals, FreedomPay
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Nuvei and FreedomPay Announce Partnership to Unify Enterprise Payments, GloballyPR Newswire•Jan 07, 2026•Nuvei, FreedomPay
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Oracle veteran Christopher Poda joins FreedomPay as Director, Partner SolutionsRetail Technology Innovation Hub•Jan 05, 2026•Oracle, FreedomPay
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FreedomPay Launches Gateway to Giving™ to Incorporate Charitable Donations at CheckoutGlobeNewswire•Dec 09, 2025•FreedomPay
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