# Powa Technologies: Information technology & services, London, United Kingdom

> Powa Technologies: Powa Technologies was a UK-based fintech and commerce company founded in 2007 by Dan Wagner. Based in London, United Kingdom. Founded 2007.

Source: https://millionrounds.com/startup/powa-technologies (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Information technology & services startup](https://millionrounds.com/companies)

# Powa Technologies

Powa Technologies was a UK-based fintech and commerce company founded in 2007 by Dan Wagner.

Funding reported Last round: Series C

Information technology & services London, United Kingdom

Company summary

- **Founded:** 2007 19 years old
- **Team:** 26 11 to 50 people
- **Funding reported:** 176.7M as listed, currency not stated
- **Last round:** Series C Nov 2014

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Powa Technologies has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Powa Technologies

Powa Technologies was a UK-based fintech and commerce company founded in 2007 by Dan Wagner.

The company specialized in integrating physical and digital retail through mobile payments, e-commerce, and point-of-sale (POS) solutions. At its peak, Powa was valued at over $2.7 billion and became one of Britain's first tech "unicorns." It was headquartered in London and had a global presence with offices in major cities like New York, Tokyo, and Paris. Powa offered a suite of commerce solutions, including PowaTag, a mobile application for instant purchases using QR codes and NFC tags; PowaWeb, a cloud-based e-commerce platform for managing online shops; and PowaPOS, a mobile POS solution for merchants. The company served over 950 retailers and brands worldwide, focusing on the retail, mobile commerce, and e-commerce sectors. Powa Technologies raised approximately $226.7 million from various investors before entering administration in 2016 and was subsequently acquired.

## What company datasets say Powa Technologies raised

Funding, as reported

Reported in all **176.7M** in the source's currency

Rounds **3**

Last round **Series C**

Last round size **20M**

Last round date **Nov 2014**

Investors listed **1**

## The company, in detail

What they build

Known for

page speed optimization mobile payments consumers cache error monitoring enterprises html minification cache control information technology & services website caching seo tools financial services performance monitoring cache management enterprise software information technology pos point of sale

Built with from their website

Contact Form 7 Google Tag Manager WordPress.org Google Workspace CloudFlare Viewport Meta Akismet Google Meet CloudFlare CDN CAPTCHA

+8 more

Genesis MySQL PrimeNG Mobile Friendly Open Graph jQuery Stripe Cloudways

- **Sector:** Information technology & services
- **Industry code:** NAICS 54151, 513210, 522320, SIC 7375, 7372, 7389
- **Region:** England
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/powa-technologies)

## Information technology & services in United Kingdom

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