Traditional online payments systems are becoming increasingly outdated. Super Payments is setting out to change this by creating an alternative online payment system for retailers and customers.
Super Payments is headed up by former Funding Circle boss Samir Desai, which has lent the venture considerable weight and credibility. This can be seen in the company's impressive pre-seed funding round ($30m), which was one of the biggest ever in Europe. Super Payments sets itself apart from rival online payments operators thanks to its technology and AI, which offer customers personalized shopping experiences.
Super Payments' innovative tech, value-driven business model and business pedigree has made it a strong contender in the payments market. Its main challenge will be to compete with long-standing payments giants like PayPal and Stripe. With the company backed by Silicon Valley heavyweights Accel Partners and Local Globe, the future looks promising for Super Payments.
Freddie
Company Specialist at Welcome to the Jungle