SIT Pay
SIT Pay (legal entity: Card4Vend GmbH) is a German electronic payment solutions provider founded in 2008 and headquartered in Kassel. The privately-held limited company serves the European Union market with a small 1–10 person team under two managing directors.
- Company typePrivate
- Founded2008
- HeadquartersHamburg, Germany
- Headcount1–10
- GTM typeB2B
- OfferingServices
What SIT Pay does
SIT Pay (legal entity: Card4Vend GmbH) is a German private limited company (GmbH) founded in 2008 that provides electronic payment solutions. The company is registered at Amtsgericht Kassel, HRB 17373, with its headquarters at Wilhelmshöher Allee 157-159, 34121 Kassel, Germany. It operates under the trade names 'SIT Pay' and 'SIT Solution for IT-Payment,' lists the European Union as its served market, and is led by two co-managing directors (Geschäftsführer) — Torben Dankers and Andreas Nagel. A business phone number (+49 (0) 40 – 253 295 500) carries a Hamburg area code, suggesting operational ties to Hamburg alongside the legal domicile in Kassel.
No specific product, service, or technical offering is publicly documented. The company's website (sit-pay.de) consists primarily of legal disclosure pages — the Impressum and Privacy Policy (Datenschutzerklärung) — with no product catalog, pricing model, customer segment definition, or case studies. No proprietary technology, APIs, SDKs, or mobile applications are referenced, and the website's technology stack is limited to standard off-the-shelf tools (Google Maps, YouTube, Google Fonts, Borlabs Cookie). This information gap constrains any technical or product-level assessment.
As a small privately-held entity with 1–10 employees, no disclosed funding rounds, no parent company, no subsidiaries, no public partnerships, and no customer or revenue disclosures, the company's commercial profile is opaque. The most recently identifiable website asset (the company logo) is dated to 2016, suggesting limited public-facing content updates. The business appears to operate as a niche, owner-operated German e-payment provider with minimal public footprint, and no verifiable customer logos, pricing mechanics, or revenue indicator are available for triangulation.
SIT Pay firmographics
Firmographics- Name
- SIT Pay
- Legal name
- Card4Vend GmbH
- Website
- https://sit-pay.de
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- SIT Pay (legal entity: Card4Vend GmbH) is a German electronic payment solutions provider founded in 2008 and headquartered in Kassel. The privately-held limited company serves the European Union market with a small 1–10 person team under two managing directors.
- Ownership category
- akta.pro rank
SIT Pay industry classification
Industry- Product category
- Electronic Payment Processing
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Services-Computer Programming Services (7371)
- akta.pro primary industry
- Bill Pay, Invoicing & Payables Platforms (BPAMAFAF)
- akta.pro secondary industry
- Recurring Billing, Subscriptions & Tokenized Payments (CRAFALAH)
Keywords
Where SIT Pay is headquartered
LocationHeadquarters
- HQ city
- Hamburg
- HQ country
- Germany
- HQ region
- Europe
Offices1 record
Markets served
SIT Pay business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Technology or R&D, Personnel, Marketing or Sales
Marketing channels1 record
SIT Pay product offering
Product offeringCore offering
SIT Pay (operating as Card4Vend GmbH) provides electronic payment solutions, as indicated in its firmographic profile. The company's name expansion — "SIT Solution for IT-Payment" — suggests IT-driven payment solutions for commercial contexts. Detailed product descriptions, pricing, and service offerings are not publicly disclosed in the available source material.
Product overview
No product information available. The source material contains only legal pages (Impressum and Datenschutz/Privacy Policy) for Card4Vend GmbH, trading as SIT Pay. No product, service, or platform details were found in the provided sources.
Differentiator
Problem solved
Functional benefit
Companies that use SIT Pay
Customer profileIdeal customer profiles1 record
SIT Pay technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
SIT Pay partnerships and signals
Strategic signalRecent moves2 records
Expansion highlights1 record
SIT Pay competitors and assessment
Company assessmentBroad incumbents
- Worldline: Worldline is a large European payment service provider offering acquiring, merchant services and digital payment solutions across the EU. Comparable to SIT Pay as a Europe-based PSP serving merchants, but as a tier-one incumbent.
- PayPal: PayPal is a global digital payments platform offering merchant acceptance, invoicing, and payables tools across Europe. Comparable to SIT Pay as an e-payment platform for vendors/merchants, though at vastly greater scale and consumer recognition.
- Adyen: Adyen is a global payment processing platform serving enterprise merchants across Europe with unified card and payables infrastructure. Comparable to SIT Pay as a payments platform serving merchants, but serving enterprise scale rather than SMBs.
- Stripe: Stripe is a global payments platform offering card acceptance, invoicing, subscriptions and payables APIs. Comparable to SIT Pay as a payments platform serving online merchants, but operating at vastly greater scale and breadth across Europe.
- Square (Block): Square provides card-based payment solutions for small businesses and merchants. Comparable to SIT Pay in targeting vendor/merchant card acceptance, though primarily in the US/UK/AU rather than the EU.
- Klarna: Klarna offers merchant payment solutions, including alternative payment methods and pay-later options across Europe. Comparable to SIT Pay as a European e-payment provider to merchants, though focused on BNPL rather than core vendor card payments.
Direct peers
- SumUp: SumUp provides card payment acceptance solutions to small merchants and vendors across Europe. Comparable to SIT Pay as a Germany-/Europe-focused payment acceptance provider targeting SMBs and vendors, though at significantly greater scale.
- Mollie: Mollie offers multi-method payment processing for European online and offline merchants, including card, wallet and invoicing/payables flows. Comparable to SIT Pay as a European payment platform serving merchants and vendors with similar payables/receivables functionality.
- Novalnet AG: Novalnet is a German payment service provider offering multi-method payment processing, subscription billing, and risk management for online merchants. Comparable to SIT Pay as a German PSP serving e-commerce and SaaS merchants with payment platform services.
- Heidelpay (Unzer): Heidelpay/Unzer is a German-headquartered payment service provider offering acquiring, processing and payables services across Europe. Directly comparable to SIT Pay as a Germany-based PSP targeting merchant/vendor card payments.
Market position
Strengths1 record
Weaknesses1 record
Competitive moat1 record
Key highlights4 records
Customer concentration
SIT Pay social profiles
Digital presenceSIT Pay financial estimates
Financial estimateRevenue estimate
Valuation estimate
SIT Pay leadership team
Management profileNumber of profiles
Profiles2 records
SIT Pay funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SIT Pay M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SIT Pay
What does SIT Pay do?
SIT Pay (operating as Card4Vend GmbH) provides electronic payment solutions, as indicated in its firmographic profile. The company's name expansion — "SIT Solution for IT-Payment" — suggests IT-driven payment solutions for commercial contexts. Detailed product descriptions, pricing, and service offerings are not publicly disclosed in the available source material.
Is SIT Pay a public or private company?
SIT Pay is a private company. It is classified as unknown and is currently operating.
When was SIT Pay founded?
SIT Pay was founded in 2008. It employs 1 to 10 people.
Where is SIT Pay based?
SIT Pay is headquartered in Hamburg, Germany, in the Europe region.
Who are SIT Pay's main competitors?
Broad incumbents on record are Worldline, PayPal, Adyen, Stripe, Square (Block) and Klarna. Direct peers are SumUp, Mollie, Novalnet AG and Heidelpay (Unzer).
Does SIT Pay have an API?
No public API is recorded for SIT Pay.
What industry is SIT Pay in?
SIT Pay's product category is Electronic Payment Processing. Its primary akta.pro industry code is BPAMAFAF, Bill Pay, Invoicing & Payables Platforms, with a secondary code of CRAFALAH, Recurring Billing, Subscriptions & Tokenized Payments. Its NAICS code is 52232 and its SIC code is 7371.