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Company profile: POSaBIT

1.1 - Company Overview

POSaBIT Logo

POSaBIT

Headquarter: United States
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of point-of-sale and cashless payment solutions for the cannabis industry. Offers a POS with integrated loyalty, customizable discounts, detailed reporting, and integrated ecommerce; omnichannel payments connecting online ordering with in-store and delivery; an admin/reporting portal for inventory, sales, and state traceability compliance; and customer recommendations and favorites.

Products and services

  • POSaBIT Payments: An omnichannel payment platform integrating online ordering with in-store and delivery sales to unify customer experience and enable cashless transactions for cannabis retailers
  • POSaBIT POS: A customizable point-of-sale system featuring integrated loyalty programs, customizable discounts, and detailed reporting to streamline cannabis retail operations and drive repeat customer engagement
  • Admin & Reporting Portal: A compliance-focused management portal consolidating inventory control, sales reporting, and alignment with state traceability systems to govern cannabis business operations.

Key contacts

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Financial details

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1.2 - Competitors and similar companies to POSaBIT

The Payment Group Logo

The Payment Group

HQ: United States Website
  • Description: Provider of automated online payment systems for cities, enabling instant processing to save time, cut costs, and generate more revenue for municipal clients, while making it easier for citizens to pay remotely or via phone.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full The Payment Group company profile →
Nexperts Logo

Nexperts

HQ: Austria Website
  • Description: Provider of mobile wallets and contactless solutions for payment, couponing, loyalty, ticketing, security, and access control, with expertise in bringing NFC applications to mobile platforms such as Android.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Nexperts company profile →
Sochitel Logo

Sochitel

HQ: United Kingdom Website
  • Description: Provider of international airtime transfers and digital prepaid services across Africa, via a global prepayments platform for banks, financial providers and corporates to offer mobile top-ups, data bundles, e-gift vouchers and utilities; partner web/portal and white-label reseller tools; an API for instant personalized vouchers; and prepaid utilities management, backed by strong MNO/financial partnerships and 50,000+ outlets in the US, Canada and UK.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Sochitel company profile →
Rapidata Logo

Rapidata

HQ: United Kingdom Website
  • Description: Provider of direct debit payment processing for the not-for-profit sector, with value-add services such as campaign management and analytics tools, helping organizations quickly and easily collect donations and maximize regular income.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Rapidata company profile →
TreviPay Logo

TreviPay

HQ: United States Website
  • Description: Provider of global transaction management for B2B payments, offering payment processing and data management services. Preferred B2B payment method for thousands of corporate buyers and sellers, processing $6 billion in transaction volume across 32 countries in 19 currencies with 90,000 active buyers, enabling clients to offer trade credit.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full TreviPay company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for POSaBIT

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Buyer group 1: ████████ ████████

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Buyer group 2: ████████ ████████

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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to POSaBIT

2.2 - Growth funds investing in similar companies to POSaBIT

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4 - Top valuation comps for POSaBIT

4.2 - Public trading comparable groups for POSaBIT

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4.3 - M&A Transactions similar to POSaBIT

Selected M&A transactions

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Frequently Asked Questions

About POSaBIT

What does POSaBIT do?

POSaBIT is a provider of point-of-sale and cashless payment solutions for the cannabis industry. Offers a POS with integrated loyalty, customizable discounts, detailed reporting, and integrated ecommerce; omnichannel payments connecting online ordering with in-store and delivery; an admin/reporting portal for inventory, sales, and state traceability compliance; and customer recommendations and favorites.

Who are POSaBIT's competitors?

POSaBIT's competitors and similar companies include The Payment Group, Nexperts, Sochitel, Rapidata, and TreviPay.

Where is POSaBIT headquartered?

POSaBIT is headquartered in United States.

How many employees does POSaBIT have?

POSaBIT has 1,000 employees 🔒.

When was POSaBIT founded?

POSaBIT was founded in 2010 🔒.

What sector and industry vertical is POSaBIT in?

POSaBIT is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for POSaBIT

Who are the top strategic acquirers in POSaBIT's sector and industry

Top strategic M&A buyers and acquirers in POSaBIT's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for POSaBIT?

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Financial Investors investing in POSaBIT's sector and industry vertical

Which are the top PE firms investing in POSaBIT's sector and industry vertical?

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Who are the top buyout funds acquiring in POSaBIT's sector and industry vertical?

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Who are the top growth equity funds investing in companies in POSaBIT's sector and industry vertical?

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Valuation benchmarks of companies in POSaBIT's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for POSaBIT?

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Which are the key trading comparable groups for POSaBIT for public valuation benchmarks?

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What are recent M&A transactions in POSaBIT's sector and industry vertical?

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What are recent capital raises and funding rounds in POSaBIT's' sector and industry vertical?

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