YapStone was founded in 1999 by Thomas Villante and Matthew Golisand. The company has not publicly spoken about plans or a timeline for an IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
YapStone offers flexible payment solutions for marketplace-style businesses. In the increasingly crowded world of payment services, YapStone has sought to differentiate itself by allowing businesses to customize their system to a greater extent than is possible with other platforms. The company works with partners such as Kigo, Choice Hotels, Wyndham Vacation Rentals, RentPath, and BookingPal. As of 2018, the company processes $18 billion in payments annually. Yapstone has raised over $183 million in venture capital funding from investors including Premji Invest, MeriTech Capital Partners, Accel Partners, and Mastercard Incorporated. The company's most recent round of funding brought in $71 million. CEO Tom Villante says "YapStone will use the funding to expand geographically and to work on new technologies." The recent funding round brought Yapstone's post-money valuation to $471 million.
YapStone does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for YapStone will be known as it becomes public. Here are similar public companies: Paypal (NAS: PYPL), Robinhood (NAS: HOOD), E-Trade (NAS: ETFC), Tradeweb (NAS: TW).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 2/12/2018 | Series C | $472.3MM | $XXX.XX | $XXX.XX |
| 6/7/2011 | Series B | $79.26MM | $XXX.XX | $XXX.XX |
| 7/31/2009 | Series A | $10.39MM | $XXX.XX | $XXX.XX |
