XMLdation
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XMLdation - overview
Established
2009
Location
Tampere, -, Finland
Primary Industry
Internet
About
XMLdation is a financial messaging solutions provider, specializing in services that enhance transaction processing efficiency for banks and payment system operators through innovative testing and simulation tools. Founded in 2009 and headquartered in Tampere, Finland, XMLdation focuses on delivering financial messaging solutions tailored for banks and payment system operators. The company was founded by Juha Keski-Nisula and has successfully conducted 1 deal to date. Tricia Balfe currently serves as CEO.
XMLdation Ltd. specializes in providing comprehensive financial messaging solutions tailored for banks and payment system operators. Their core offerings include Payment File Testing, Simo® for Bank, Simo® for PSO, and the API Sandbox, designed to facilitate faster and more efficient client onboarding and implementation processes. The Payment File Testing service optimizes the end user's experience by ensuring seamless transaction processing, while Simo® for Bank offers real-time simulations of clearing systems to minimize manual testing efforts and risks.
The Simo® for PSO focuses on self-service testing and participant readiness, promoting a smooth onboarding experience. Additionally, the API Sandbox provides a realistic testing environment for IT teams, reducing maintenance overhead. These products are primarily marketed to financial institutions in Europe and North America, addressing the specific needs of these regions in the evolving landscape of payment systems. XMLdation Ltd.
generated revenue of USD 1. 84 mn in 2023, with an EBITDA of USD 7,572. The company generates revenue primarily through its subscription-based model for its various testing services, allowing banks and payment system operators to streamline their payment processing capabilities. XMLdation plans to leverage its recent funding from Lagoon Capital to enhance its product offerings and expand into new markets.
Specific upcoming products are in development, although release dates have not been disclosed. The company aims to target increased market penetration in Europe and North America, utilizing its resources to support these initiatives effectively.
Current Investors
Lagoon Capital
Primary Industry
Internet
Sub Industries
Website
www.xmldation.com
Total Amount Raised
Subscriber access only
XMLdation - timeline of key events
XMLdation - financials
| Fiscal Year Ended | Dec 31, 2009 | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 12,500 | 119,883.6 | 284,259.5 | 351,162 | 717,616.2 | 781,439.5 | 1,020,027.5 | 927,735.9 | 1,100,333.1 | 1,189,556 | 1,141,337.6 | 1,276,691.4 | 1,704,220.7 | - | - | - |
| % Revenue Growth (YoY) | - | 859.1% | 137.1% | 23.5% | 104.4% | 8.9% | 30.5% | (9.0%) | 18.6% | 8.1% | (4.1%) | 11.9% | 33.5% | - | - | - |
| EBITDA (USD) | (36,859.7) | (1,949.6) | 28,557.8 | (170,322.8) | 121,134 | (213,598.5) | 79,073.1 | (51,128.8) | 109,229.8 | (150,027.5) | 139,580.4 | 212,338.2 | 289,544.3 | - | - | - |
| Operating Income (USD) | (43,532.9) | (6,642.1) | 12,212.7 | (188,483.9) | 77,211.1 | (272,933.6) | 324.5 | (135,854.8) | (382.2) | (254,303.8) | 21,985.8 | 85,474.3 | 162,661.9 | - | - | - |
| Operating Margin | (348.3%) | (5.5%) | 4.3% | (53.7%) | 10.8% | (34.9%) | 0.0% | (14.6%) | (0.0%) | (21.4%) | 1.9% | 6.7% | 9.5% | - | - | - |
| % EBITDA Margin | (294.9%) | (1.6%) | 10.0% | (48.5%) | 16.9% | (27.3%) | 7.8% | (5.5%) | 9.9% | (12.6%) | 12.2% | 16.6% | 17.0% | - | - | - |
| NET Income (USD) | (44,800.2) | (8,823.2) | 9,685.1 | (192,704.7) | 63,541.8 | (277,778.5) | (25,658.4) | (146,426.6) | (11,164) | (220,813.2) | 1,549 | 67,750.5 | 149,353.5 | - | - | - |
| % Net Margin | (358.4%) | (7.4%) | 3.4% | (54.9%) | 8.9% | (35.5%) | (2.5%) | (15.8%) | (1.0%) | (18.6%) | 0.1% | 5.3% | 8.8% | - | - | - |
XMLdation - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct | Completed | XMLdation | - |
Displaying 1 - 1 of 1
XMLdation - employee data
XMLdation - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Board Member | BM |
BM Board Member
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