Sandpiper Digital Payments
Digital Payment Holding
Sandpiper is a significant focus project at Mountain Partners and was initiated in October 2013 by Manfred Rietzler and Dr. Cornelius Boersch.
Sandpiper ‘s strategy is to exploit a window of opportunity and consolidate the extremely fragmented market for cashless payment solutions. Aiming to become the market leader, Sandpiper follows a ‘buy & build’ strategy by continuously acquiring competitors focusing on international growth and realizing synergy and cross-selling potentials within the group. Sandpiper provides payment systems and services and focuses on hard-to-reach industries with long-term customer lock-in effects, e.g. sports, events, retail, ticketing and the education industry.
Its customer base consists of more than four million active users and the company already has a broad presence in sport stadiums, universities and other associated areas, as well as one of the most advanced e-wallets in Europe.
Headquarter: Shanghai, China
Sector: Social Network
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