Avance Pay AG logo — company profile

Avance Pay AG

Founded 2011 Switzerland Switzerland 10 employees Series B Total: $2.00M Finance, Fintech +1

General Information

Company Name Avance Pay AG
Founded Year 2011
Location Switzerland Switzerland
Employees 10
Industries Finance, Fintech, Payments
Funding Stage Series B
Social

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About Avance Pay AG

Avance Pay AG, a dynamic player in the Fintech sector, specializes in NFC-based payment and transaction solutions. Founded in 2011, this high-tech company is headquartered in Bern, Switzerland. With a robust background in electronic transactions, NFC, and RFID technologies, the management team combines innovation with a strong portfolio of intellectual property.

The company's strength lies in its ability to deliver secure, user-friendly, and reliable payment services, positioning itself as an adept partner for contactless mobile solutions. Its innovative approach caters to the evolving needs of tech-savvy clients, ensuring continued relevance in a competitive market.

In terms of funding, Avance Pay AG secured a Series B investment on June 1, 2017, with eQventure acting as the primary investor. This financial backing underscores investor confidence in the company's growth trajectory and strategic potential in the burgeoning contactless transaction industry.

Business keywords: NFC-based payment solutions, Swiss high-tech company, Electronic transactions, Ticketing solutions, RFID technology, High-tech entrepreneurship, IP portfolio development, Innovative technology, Secure payment, User-friendly solutions, Contactless mobile payment, Transaction services

Services & Products

Cashless Payment Systems
Access Control & Accreditation
Warennachschub-Logistik
Real-time Controlling

Target Customers

Event Organizers Venue Operators Retail Businesses Festivals Pop-ups Market Stands

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series B Undisclosed 1
eQventure
01 Jun 2017
Venture Round Fr.2.00M -
08 Nov 2013
Series A Undisclosed 1
HBA Beteiligungs GmbH
01 Oct 2012

Avance Pay AG Alternatives & Competitors

View All Alternatives
Avance Pay AG vs
SEPAY BV
SEPAY BV The Netherlands

Fastest and most affordable supplier of POS terminals in the Netherlands and Belgium.

Acquired
16 employees
Financial Services, Fintech
Avance Pay AG vs

Issuing electronic money and providing payment services.

2 employees
Finance, Financial Services
Avance Pay AG vs
IV Alneo
IV Alneo Turkey

Cep telefonunuz artık yeni nesil POS'unuz!

1 employees
Financial Services, Fintech

FAQ About Avance Pay AG

Avance Pay is a fast growing Swiss high-tech company, specialized in innovative NFC-based payment and transaction solutions. Founded in 2011, Avance Pay is a privately held and independent company with headquarters in Bern, Switzerland. The management team has extensive experience in the field...
Avance Pay AG was founded in 2011.
Avance Pay AG is headquartered in Switzerland.
Avance Pay AG operates in Finance, Fintech and Payments. Its work centres on NFC-based payment solutions, Swiss high-tech company, Electronic transactions and Ticketing solutions. Its customers include Event Organizers, Venue Operators and Retail Businesses.
Avance Pay AG has approximately 10 employees.
Avance Pay AG has completed 3 funding rounds, raising a total of $2.00M. The latest funding stage is Series B.
Avance Pay AG offers: Cashless Payment Systems, Access Control & Accreditation, Warennachschub-Logistik, Real-time Controlling.
Top alternatives and competitors to Avance Pay AG include SEPAY BV, Egepay Ödeme Hizmetleri A.Ş., IV Alneo, Felix Payment Systems, fastPay . These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Avance Pay AG and SEPAY BV are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Avance Pay AG, https://bouncewatch.com/company/avance-pay-ag, updated 11 September 2025. When citing, please name BounceWatch and link this page.

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