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Powa Technologies

Full company profile

uuid003ia25

Namestring
Powa Technologies
Websiteurl
powa.com
Company typeenum
Private
Founded yearint
2007
Descriptiontext

Powa Technologies is a London-headquartered, privately-held international commerce technology company founded in 2007 that builds technologies aimed at integrating the physical and digital commerce experience. The firm employs between 251 and 500 people and operates from the United Kingdom, with a self-described orientation toward international rather than purely domestic markets. Detailed product architecture, customer segments, pricing, and go-to-market mechanics are not available from the supplied sources, and the current corporate website returns only a verification/loader screen, limiting visibility into the live product surface.

Between August 2013 and November 2014, Powa raised approximately $176.7 million across three funding rounds, anchored by Wellington Management in the two largest checks ($76M Series 2 and $80M Series 3), with a $20.7M follow-on in between. In June 2014, the company acquired MPayMe, a mobile payments company, for $75 million, signaling a strategic extension into mobile commerce infrastructure. The business model, monetization mechanics (subscription vs. transaction-fee vs. hardware), and current operating status are not disclosed in the available input data, and the absence of any post-2014 funding or operating event in the dataset, combined with the inactive corporate web presence, means the trajectory, scale, and product positioning beyond 2014 cannot be verified from the supplied material.

Short descriptiontext

Powa Technologies is a London-based international commerce technology firm founded in 2007 that develops solutions integrating physical and digital commerce for enterprise retailers and payments markets.

Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersLondon, United Kingdom
HQ citystring
London
HQ countrystring
United Kingdom
HQ regionstring
Europe
Markets served

Serves global market

Keyword5 values
mobile commerce platform, payment technology, point of sale systems, e-commerce solutions, digital retail technology
Industry1 code
1Digital Trade & E-Commerce Development
CodeBPADAMALPrimaryYes
Product category
Mobile Commerce Technology
Social media profiles1 record
Cost components4 values
Personnel, Technology or R&D, Marketing or Sales, Operations
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

Powa Technologies is an international commerce specialist that creates technologies to seamlessly integrate the physical and digital world. The company develops commerce platforms spanning mobile, point-of-sale, and payment capabilities for enterprise retailers and brands, including mobile payment technology obtained through its acquisition of MPayMe.

Differentiator
Functional benefit
Problem solved
Product and service2 records
1Integrated Physical-Digital Commerce Technology Platform
CategoryMobile Commerce Technology
Description

Technologies that seamlessly integrate the physical and digital world of commerce for enterprise retailers, brands, and commerce operators, spanning mobile commerce, point-of-sale, and payment capabilities.

2Mobile Payment Technology (acquired via MPayMe)
CategoryDigital Payments
Description

Mobile payment solution brought into Powa's commerce technology stack through the acquisition of MPayMe, enabling digital payment experiences for retailers and consumers.

Recent move4 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Adyen provides unified global payments infrastructure used by omnichannel retailers — adjacent to Powa's commerce-integration stack.

TypeDirect peer
Description

Stripe offers commerce and payment APIs powering online and in-person retail — directly comparable to the developer-facing commerce infrastructure Powa envisioned.

TypeEmerging player
Description

Klarna is a commerce-and-payments specialist that integrates with retailers' digital and physical channels — overlapping with Powa's physical/digital integration thesis.

TypeDirect peer
Description

Shopify provides a unified commerce platform bridging physical and digital retail via POS, payments, and online storefronts — the same integration thesis Powa targeted.

TypeDirect peer
Description

iZettle offered mobile POS and commerce tools for small merchants before its PayPal acquisition — closely comparable to Powa's retail commerce offering.

TypeDirect peer
Description

Block's Square offers mobile point-of-sale and integrated commerce tools for omnichannel retailers — directly comparable to Powa's POS and mobile-commerce stack.

TypeBroad incumbent
Description

PayPal operates mobile wallets, POS, and checkout at massive scale; it absorbed iZettle and covers much of the omnichannel retail payments space Powa targeted.

TypeDirect peer
Description

SumUp sells mobile card readers and POS hardware/software to SMB retailers globally, directly competing with Powa's PowaPOS/PowaPoint concept.

TypeBroad incumbent
Description

Verifone is a long-established POS hardware and software provider to global retail, covering much of the same merchant-facing commerce stack as Powa.

TypeBroad incumbent
Description

Worldpay provides enterprise payment processing and commerce technology to retailers worldwide — a broad incumbent in Powa's target market.

Market position
Strengths3 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat2 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Powa Technologies

Mobile Commerce Technologypowa.com

Powa Technologies is a London-based international commerce technology firm founded in 2007 that develops solutions integrating physical and digital commerce for enterprise retailers and payments markets.

What Powa Technologies does

Powa Technologies is a London-headquartered, privately-held international commerce technology company founded in 2007 that builds technologies aimed at integrating the physical and digital commerce experience. The firm employs between 251 and 500 people and operates from the United Kingdom, with a self-described orientation toward international rather than purely domestic markets. Detailed product architecture, customer segments, pricing, and go-to-market mechanics are not available from the supplied sources, and the current corporate website returns only a verification/loader screen, limiting visibility into the live product surface.

Between August 2013 and November 2014, Powa raised approximately $176.7 million across three funding rounds, anchored by Wellington Management in the two largest checks ($76M Series 2 and $80M Series 3), with a $20.7M follow-on in between. In June 2014, the company acquired MPayMe, a mobile payments company, for $75 million, signaling a strategic extension into mobile commerce infrastructure. The business model, monetization mechanics (subscription vs. transaction-fee vs. hardware), and current operating status are not disclosed in the available input data, and the absence of any post-2014 funding or operating event in the dataset, combined with the inactive corporate web presence, means the trajectory, scale, and product positioning beyond 2014 cannot be verified from the supplied material.

Powa Technologies firmographics

Firmographics
Name
Powa Technologies
Website
https://powa.com
Company type
Private
Founded year
2007
Headcount range
251–500 employees
Short description
Powa Technologies is a London-based international commerce technology firm founded in 2007 that develops solutions integrating physical and digital commerce for enterprise retailers and payments markets.
Ownership category
akta.pro rank

Powa Technologies industry classification

Industry
Product category
Mobile Commerce Technology
akta.pro primary industry
Digital Trade & E-Commerce Development (BPADAMAL)

Keywords

  • Mobile commerce platform
  • Payment technology
  • Point of sale systems
  • E-commerce solutions
  • Digital retail technology

Where Powa Technologies is headquartered

Location

Headquarters

HQ city
London
HQ country
United Kingdom
HQ region
Europe

Markets served

Powa Technologies business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Marketing or Sales, Operations

Powa Technologies product offering

Product offering

Core offering

Powa Technologies is an international commerce specialist that creates technologies to seamlessly integrate the physical and digital world. The company develops commerce platforms spanning mobile, point-of-sale, and payment capabilities for enterprise retailers and brands, including mobile payment technology obtained through its acquisition of MPayMe.

Differentiator

Problem solved

Functional benefit

Products and services

  • Integrated Physical-Digital Commerce Technology Platform Technologies that seamlessly integrate the physical and digital world of commerce for enterprise retailers, brands, and commerce operators, spanning mobile commerce, point-of-sale, and payment capabilities.
  • Mobile Payment Technology (acquired via MPayMe) Mobile payment solution brought into Powa's commerce technology stack through the acquisition of MPayMe, enabling digital payment experiences for retailers and consumers.

Companies that use Powa Technologies

Customer profile

Ideal customer profiles1 record

Powa Technologies technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Powa Technologies partnerships and signals

Strategic signal

Recent moves4 records

Expansion highlights3 records

Powa Technologies competitors and assessment

Company assessment

Direct peers

  • Adyen: Adyen provides unified global payments infrastructure used by omnichannel retailers — adjacent to Powa's commerce-integration stack.
  • Stripe: Stripe offers commerce and payment APIs powering online and in-person retail — directly comparable to the developer-facing commerce infrastructure Powa envisioned.
  • Shopify: Shopify provides a unified commerce platform bridging physical and digital retail via POS, payments, and online storefronts — the same integration thesis Powa targeted.
  • iZettle (PayPal): iZettle offered mobile POS and commerce tools for small merchants before its PayPal acquisition — closely comparable to Powa's retail commerce offering.
  • Block (Square): Block's Square offers mobile point-of-sale and integrated commerce tools for omnichannel retailers — directly comparable to Powa's POS and mobile-commerce stack.
  • SumUp: SumUp sells mobile card readers and POS hardware/software to SMB retailers globally, directly competing with Powa's PowaPOS/PowaPoint concept.

Emerging players

  • Klarna: Klarna is a commerce-and-payments specialist that integrates with retailers' digital and physical channels — overlapping with Powa's physical/digital integration thesis.

Broad incumbents

  • PayPal: PayPal operates mobile wallets, POS, and checkout at massive scale; it absorbed iZettle and covers much of the omnichannel retail payments space Powa targeted.
  • Verifone: Verifone is a long-established POS hardware and software provider to global retail, covering much of the same merchant-facing commerce stack as Powa.
  • Worldpay: Worldpay provides enterprise payment processing and commerce technology to retailers worldwide — a broad incumbent in Powa's target market.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

Powa Technologies social profiles

Digital presence

Powa Technologies financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Powa Technologies leadership team

Management profile

Number of profiles

Powa Technologies funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Powa Technologies M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Powa Technologies

What does Powa Technologies do?

Powa Technologies is an international commerce specialist that creates technologies to seamlessly integrate the physical and digital world. The company develops commerce platforms spanning mobile, point-of-sale, and payment capabilities for enterprise retailers and brands, including mobile payment technology obtained through its acquisition of MPayMe.

When was Powa Technologies founded?

Powa Technologies was founded in 2007. It employs 251 to 500 people.

Where is Powa Technologies based?

Powa Technologies is headquartered in London, United Kingdom, in the Europe region.

Who are Powa Technologies's main competitors?

Direct peers on record are Adyen, Stripe, Shopify, iZettle (PayPal), Block (Square) and SumUp. Klarna is listed as an emerging player. Broad incumbents are PayPal, Verifone and Worldpay.

Does Powa Technologies have an API?

No public API is recorded for Powa Technologies.

What industry is Powa Technologies in?

Powa Technologies's product category is Mobile Commerce Technology. Its primary akta.pro industry code is BPADAMAL, Digital Trade & E-Commerce Development.

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Live signals
Notion CapitalThe top 25 best-funded B2B Commerce Enablers in EuropeNotion Capital published a report identifying the top 25 best-funded B2B commerce enablers in Europe, highlighting that these companies have raised just over $1 billion collectively. The list is dominated by three major players—Klarna, Adyen, and Powa—which account for $750 million of the total funding, with payments being the primary sector of focus. The analysis reveals significant investor appetite and geographical density, particularly in the UK and Sweden.FashionUnitedMajority of UK consumers go online via mobileAn Office for National Statistics Internet Access report found 96 percent of UK adults access the internet via mobile devices and 76 percent shop online, up from 24 percent and 53 percent respectively in 2010. Dan Wagner of Powa Technologies warned retailers without mobile commerce strategies risk losing customers.Business InsiderThe ex-CEO of collapsed $2.7 billion startup Powa has recruited a former UK ambassador to his new startupDan Wagner, ex-CEO of collapsed Powa, recruited former UK ambassador Sir David Wright to his new startup Rezolve. Wright, who knew Wagner in the 1990s, will join the board, while Justin King took a stake and became advisor. Wagner described the appointments as 'ticking a box' to bolster Rezolve's reputation.Business InsiderLondon is in danger of becoming the tech capital for dumb moneyAn investigation of Blippar's finances suggests the company may not be worth $1.5 billion. The article argues London's tech reputation is at risk due to failed startups like Powa, Fling, and Crowdmix, and warns that VCs need more discipline as interest rates rise.WsjU.K. Startup Powa’s Failure Sparks Cross-Atlantic SpatDan Wagner, founder of Powa, became Britain's poster boy for the dot-com bust after his first venture failed over a decade ago. Earlier this year, another of his companies blew up amid accusations of overspending on lavish offices and partying, making him London's face of startup folly for the second time.Business InsiderDan Wagner tells his side of the story on the Powa Technologies collapseDan Wagner, former CEO of Powa Technologies, spoke to the BBC about the company's collapse, defending against allegations of extravagant spending and phantom deals. He claimed his mother was disabled, his offices were a marketing tool, and the China deal was real, but admitted the company ran out of money.Business InsiderTopless dancers, champagne, and David Bowie: Inside the crash of $2.7 billion startup PowaPowa Technologies collapsed into administration in February after burning over $200 million, with its flagship product PowaTag failing. The company had raised $76 million for PowaTag but had only $250,000 in cash and debts of $16.4 million. Former employees cite management dysfunction and a failed $2.7 billion valuation.Business InsiderBritain's financial regulator is going all in on fintechBritain's Financial Conduct Authority is increasing fintech regulation in its annual business plan, citing the collapse of Powa Technologies. The plan emphasizes balancing innovation with consumer protection and introduces a regulatory sandbox for testing new products.Business InsiderBust payments business Powa could face a fight over its technologyEnsygnia, maker of Onescan, placed Powa Technologies on formal notice of potential IP infringement over PowaTag, a payment app. The notice follows 2013 commercial discussions and was re-stated to Deloitte, the administrator. Ensygnia said it will enforce rights if infringement occurs.Business InsiderVIDEO: CEO of bust tech unicorn Powa Technologies says: 'There is no option for failure'Powa CEO Dan Wagner told staff in an internal video that bonuses and the Christmas party are delayed due to funding uncertainty, after the company collapsed into administration with only $250,000 in the bank. He said the company is on track for 2016 success, but staff have not yet received their promised bonuses or party.