Accumulate is with its Mobile Everywhere platform a technology leader in mobile financial services and mobile authentication, this using a standard mobile phone. Mobile payment, mobile banking and multi-factor authentication products and services using Accumulates patented technology works independently of network, operator, terminal model, SIM card and subscription type. All products are developed with focus on ease-of-use, highest security and lowest total cost of ownership. It’s also the perfect tool for securing cloud computing services. Summary Accumulate Mobile Everywhere (ME) is a multipurpose platform that can be deployed in many different situations where secure and cost efficient authentication is needed. The solution is unique in that it combines: * unparalleled security * independency * ease of use * flexibility * cost efficiency Example of Mobile Everywhere deployments using the mobile as secure device: • contactless mobile payment (using RFID, Accumulate OTT, NFC sticker or integrated, RFID, bar and QR codes) • online payments • person to person transfers • other payments (ex. man-to-machine) • mobile banking (all transaction and information services) • secure login • multi-factor authentication • eID • signatures • ticketing • mobile coupons • mobile loyalty cards • mobile gift cards

Company growth
Stockholm, SE
Size (employees)
6 (est)
Accumulate was founded in 2004 and is headquartered in Stockholm, SE

Accumulate Office Locations

Accumulate has office in Stockholm
Stockholm, SE

Accumulate Metrics

Accumulate Summary

Founding Date


Total Funding

$12.1 M

Latest funding size

$10 M

Time since last funding

over 4 years


We estimate that Accumulate's latest funding round in June 2012 was $10 M. In total, Accumulate has raised $12.1 M

Accumulate Financials

We estimate that Accumulate's revenue is kr4.88 M in FY, 2015 which is 59.27% decrease from the previous period.
FY, 2015FY, 2014FY, 2013


kr4.88 Mkr12 Mkr13.3 M

Revenue growth, %


Sales and marketing expense

kr12 Mkr13.5 Mkr12.6 M

General and administrative expense

kr8.52 Mkr16.8 Mkr5.08 M

Operating expense total

kr3.25 Mkr4.35 Mkr5.08 M

Depreciation and amortization

kr296 Kkr278 K


kr-19.2 Mkr-27 Mkr-19 M

EBITDA margin, %



kr-19.5 Mkr-27.2 Mkr-19.3 M

EBIT margin, %


Interest expense

kr8.32 Kkr2.13 K

Interest income

kr454kr14 K

Pre tax profit

kr-19.5 Mkr-27.2 Mkr-24.7 M

Net Income

kr-19.5 Mkr-27.2 Mkr-24.7 M

Accumulate News

Accumulate Company Life

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