SIBS logo — Partner in payments and technology, promoting a digital econ...

SIBS

Partner in payments and technology, promoting a digital economy and fostering cashless societies in several geographies

Founded 1983 Portugal Portugal 1274 employees Financial Services, Payments +1

General Information

Company Name SIBS
Founded Year 1983
Location Portugal Portugal +4
Founders / Decision Makers
Team member
Employees 1274
Industries Financial Services, Payments, Banking
Social

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About SIBS

SIBS is a Portugal-based financial technology company that has been a key player in promoting a digital economy and cashless societies across different geographies since its establishment in 1983. With a strong focus on providing modern, reliable, and secure technology services in the payments sector, SIBS has amassed a user base of more than 300 million and processes over 7 billion transactions annually. The company's innovation-driven approach has led to the development of groundbreaking solutions such as MB WAY, Portugal's comprehensive payment app, and the management of the ATM Express and MULTIBANCO Networks, the largest Portuguese ATM network. As a major payment processor in Europe, SIBS also holds prominence in Security and Anti-Fraud solutions, Business Process Outsourcing, and is a leader in Card Production and Personalization. Expanding its reach internationally, SIBS operates in markets across Europe and Africa, with a significant presence in Poland through Paytel, one of the dynamic payment terminal operators in the market. The company's dedication to being a reference partner for public and private entities underscores its commitment to creating societal value through the development and management of innovative payment solutions and services, emphasizing safety, convenience, and sustainability. SIBS' solid track record, technological prowess, and expansive market presence position it as an attractive proposition for potential venture capital investment. As the company continues to drive the evolution of digital payments and financial technology, it presents an enticing opportunity for investors looking to contribute to the advancement of cashless societies and the digital economy. For further information about SIBS, visit www.sibs.pt.

Taxonomy: Payment Processing, Digital Economy, Cashless Society, Technology Services, Security Solutions, Anti-Fraud Services, Business Process Outsourcing, Card Production, Personalization, Mobile Payment App, ATM Network Management, International Expansion, Value Creation

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SIBS Alternatives & Competitors

SIBS vs
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Paysera
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FAQ About SIBS

Partner in payments and technology, promoting a digital economy and fostering cashless societies in several geographies
SIBS was founded in 1983.
SIBS is headquartered in Portugal.
SIBS operates in the following industries: Financial Services, Payments, Banking.
SIBS has approximately 1274 employees.
Top alternatives and competitors to SIBS include Oxigen, Vantiv, Paysera, National Payment Corporation of Vietnam (NAPAS), eCard. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SIBS and Oxigen 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.

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