OverviewSuggest Edit

Fortumo allows any merchant to set up payment processing for the web and mobile services, games or apps. Users with a mobile phone are then able to make one-click payments using Fortumo without the need for a credit card - payments are charged to their mobile operator bill instead. Fortumo payments are cross-platform and work in PC applications, web services and HTML5, Android, Windows Phone and Windows 8 apps. Fortumo supports payments through 350 mobile operators, including a number of exclusive direct carrier billing partnerships.

HQTartu, EE
Employee Ratings4.6

Latest Updates

Employees (est.) (Jul 2021)96(+5%)
Cybersecurity ratingBMore

Key People/Management at Fortumo

Martin Koppel

Martin Koppel

Co-Founder, CEO
Andrei Dementjev

Andrei Dementjev

Raavo Leiten

Raavo Leiten

Sanjay Sinha

Sanjay Sinha

VP of BD, India
Martin Lips

Martin Lips

VP of Business Development
Andrea Boetti

Andrea Boetti

Director of Strategic Partnerships
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Fortumo Office Locations

Fortumo has offices in Tartu, Tallinn, San Francisco, Gurugram and in 2 other locations
Tartu, EE (HQ)
Rüütli 7
Tallinn, EE
Rotermanni 2
Gurugram, IN
IInd Floor, Mehrauli-Gurgaon Rd, Block B, Sushant Lok Phase I, Sector 28
New Delhi, IN
5th floor Caddie Commercial Tower
Singapore, SG
21 Anson Rd
San Francisco, CA, US
600 California St, San Francisco
Show all (8)

Fortumo Financials and Metrics

Summary Metrics

Founding Date


Fortumo total Funding

$10 m

Fortumo latest funding size

$10 m

Time since last funding

8 years ago

Fortumo investors

Fortumo's latest funding round in February 2013 was reported to be $10 m. In total, Fortumo has raised $10 m
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Fortumo Cybersecurity Score

Cybersecurity ratingPremium dataset



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Fortumo Online and Social Media Presence

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Fortumo News and Updates

Fortumo partners Plus on direct carrier billing in Poland

The mobile technology company Fortumo is launching the Polish mobile operator Plus on its local payments platform. Merchants using Fortumo’s platform can now collect payments for digital content from Plus subscribers through direct carrier billing.

Asia-Pacific Direct Carrier Billing Market Report Analysis During 2020-2027 Along With Key Players Like Bango Plc, Boku Inc., Centili, Comviva Technologies Limited, Fortumo

The direct carrier billing market in Asia-Pacificis expected to grow from US$ 13,504.4 million in 2019 to US$ 35,700.1 million by 2027; it is estimated to grow at a CAGR of 13.1% from 2020 to 2027. Posted via Industry Today. Follow us on Twitter @IndustryToday

With $70.0 Billion, Direct Carrier Billing Market is Emerging with 11.5% of CAGR by 2027 - Fortumo, Infomedia Services Limited, NTH Mobile,TELECOMING S.A., txtNation Limited

Direct Carrier Billing Market Forecast to 2027 - Covid-19 Impact and Global Analysis by Type (Limited DCB, Pure DCB, MSISDN Forwarding, and PIN or MO Base Window); Platform (iOS, Android, and Other Platforms); End User (Apps and Games, Online Media, and Other End Users) Posted via Industry Today. F…

Mobile payments outfit Boku to buy Fortumo

Boku (AIM:BOKU), a leading global mobile payment and mobile identity company, is pleased to announce...

Digital Content Business Models Global Market 2019-2025: Bango, Centili, Boku, DIMOCO, Digital Turbine, Fortumo

Wiseguyreports.Com Publish New Market Research Report On -“Digital Content Business Models Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2019 - 2025” Posted via Industry Today. Follow us on Twitter @IndustryToday

Fortumo launches direct carrier billing with four Swedish telcos

The mobile technology company Fortumo is today announcing that it has launched direct carrier billin...

Fortumo Frequently Asked Questions

  • When was Fortumo founded?

    Fortumo was founded in 2007.

  • Who are Fortumo key executives?

    Fortumo's key executives are Martin Koppel, Andrei Dementjev and Raavo Leiten.

  • How many employees does Fortumo have?

    Fortumo has 96 employees.

  • Who are Fortumo competitors?

    Competitors of Fortumo include Kard, BucksApp and Pike13.

  • Where is Fortumo headquarters?

    Fortumo headquarters is located at Rüütli 7, Tartu.

  • Where are Fortumo offices?

    Fortumo has offices in Tartu, Tallinn, San Francisco, Gurugram and in 2 other locations.

  • How many offices does Fortumo have?

    Fortumo has 8 offices.