OverviewSuggest Edit
GoCardless is an online direct debit provider. The company delivers a direct debit solution fit for the digital age, allowing to easily collect payment from the customers and automate processes. GoCardless offers simple and predictable pricing, quick set up and connection with business applications, as well as the direct debit networks around the world.
| Type | Private | |
| Founded | 2011 | |
| HQ | London, GB | Map |
| Website | gocardless.com | |
| Employee Ratings | More | |
| Culture score | A+ | More |
Key People/Management at GoCardless
Hiroki Takeuchi
Founder & CEO
Neil Weston
Chief Revenue Officer
Yvonne Agyei
Chief People Officer
Catherine Birkett
Chief Financial Officer
Pat Phelan
Chief Customer Officer
Erez Mathan
Chief Risk Officer
GoCardless Office Locations
GoCardless has an office in London
London, GB (HQ)
Northburgh St
GoCardless Financials and Metrics
Summary Metrics
Founding Date | 2011 |
GoCardless total Funding | $122.3 m |
GoCardless latest funding size | $75 m |
Time since last funding | a year ago |
GoCardless investors | Y Combinator, Accel Partners, SV Angel, Adams Street Partners, Balderton Capital, Passion Capital, ACE & Company, Start Fund, Notion Capital, Salesforce Ventures, Accel, Tom Hulme, GV, Axcel Partners, Future Fifty |
GoCardless's latest funding round in February 2019 was reported to be $75 m. In total, GoCardless has raised $122.3 m
GoCardless Revenue
GoCardless's revenue was reported to be £20.13 m in FY, 2018
| GBP | |
|---|---|
Revenue (FY, 2018) | 20.1m |
Gross profit (FY, 2018) | 15.1m |
Gross profit margin (FY, 2018), % | 75% |
Net income (FY, 2018) | (14.3m) |
EBIT (FY, 2018) | (14.7m) |
Cash (31-Dec-2018) | 2.6m |
| GBP | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
|---|---|---|---|---|
Revenue | 1.2m | 2.9m | 11.9m | 20.1m |
Revenue growth, % | 139% | 305% | ||
Cost of goods sold | 636.5k | 2.3m | 5.0m | |
Gross profit | 2.3m | 9.6m | 15.1m |
| GBP | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
|---|---|---|---|---|---|---|---|
Cash | 572.7k | 1.7m | 403.2k | 970.6k | 1.2m | 4.5m | 2.6m |
Accounts Receivable | 63.8k | 163.6k | 3.9m | 29.5k | 126.3k | 1.2m | 2.2m |
Inventories | |||||||
Current Assets | 636.6k | 1.8m | 4.3m | 6.0m | 10.1m | 8.3m | 8.6m |
| GBP | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
|---|---|---|---|---|
Net Income | (2.3m) | (3.8m) | (8.1m) | |
Cash From Operating Activities | (5.2m) | (6.6m) | (10.9m) | |
Cash From Investing Activities | (2.6m) | |||
Cash From Financing Activities | 5.6m | 8.1m | 11.6m |
| GBP | Y, 2018 |
|---|---|
Revenue/Employee | 97.2k |
Debt/Equity | 3 x |
Debt/Assets | 0.5 x |
Financial Leverage | 6.2 x |
GoCardless Operating Metrics
GoCardless's Transaction Volume was reported to be $4b in Sep, 2017. GoCardless's Enterprise Customers was reported to be 40 k in Feb, 2019.
| Sep, 2017 | Feb, 2019 | |
|---|---|---|
Enterprise Customers | 40 k | |
Transaction Volume | $4 b |
Human Capital Metrics
GoCardless Online and Social Media Presence
10.42k Twitter followers
GoCardless has 10.42k Twitter Followers. The number of followers has increased 0.8% month over month and increased 1.8% quarter over quarter
GoCardless's Trends
Twitter Engagement Stats for @gocardless
9.2k
Tweets
232
Following
10.4k
Followers
125
Tweets last 30 days
1.4
Avg. likes per Tweet
52.8%
Tweets with engagement
GoCardless Company Culture
Overall Culture
A+
97/100
CEO Rating
A+
100/100
Compensation
A+
100/100
GoCardless Blogs
June 13, 2019
What is Strong Customer Authentication? (in 2 mins)
What is Strong Customer Authentication (SCA) and what does it mean for merchants in the UK and Europe?
If you haven’t heard of it yet, you wouldn’t be in the minority - Mastercard’s survey of European merchants in late 2018 found that 75% were unaware of what SCA is and what it means for them. As…
May 31, 2019
Security vs. convenience in payments: Insights into SCA from Merchant Risk Council London
Merchant Risk Council events are some of the best places to discuss the challenges and opportunities facing the payments sector, from open banking and borderless payments to blockchain and virtual marketplaces.
The same issue at the top of every agenda
One topic that dominated this month's Merch…
May 22, 2019
How do consumers prefer to pay for recurring purchases in 2019?
How do consumers want to pay for subscriptions, memberships, bills and instalment plans? The answer to this question can hold the key to conversion rate optimisation for businesses. Knowing which payment methods your customers are comfortable with, and which they actively prefer to pay with, can h…
May 01, 2019
GoCardless and Zuora go live in Sweden and Denmark
Last month we announced our new scheme launch with Zuora in Australia, and this month we’ve turned our attention to the Nordics. We’re excited to announce that Zuora customers in Sweden and Denmark can now take recurring payments with GoCardless via Autogiro and Betalingsservice!
GoCardless has b…
April 30, 2019
Behind the scenes of Brexit: our approach to hyper-uncertainty
“Uncertainty is an uncomfortable position, but certainty is an absurd one” – or so said the French philosopher Voltaire.
Uncertainty in business is to be expected. But for many UK-based businesses with global reach, the hyper-uncertainty caused by Brexit over the last three years has been particu…
March 21, 2019
Is an end to late payments finally in sight?
The Chancellor, Philip Hammond, last week announced plans to “tackle the scourge of late payments” to small businesses, including a requirement for listed companies to report on their performance in annual reports and accounts.
So, how did we arrive at this point and what needs to be done?
Whe…
GoCardless Frequently Asked Questions
When was GoCardless founded?
GoCardless was founded in 2011.
Who are GoCardless key executives?
GoCardless's key executives are Hiroki Takeuchi, Neil Weston and Yvonne Agyei.
How many employees does GoCardless have?
GoCardless has 418 employees.
What is GoCardless revenue?
Latest GoCardless annual revenue is £20.1 m.
What is GoCardless revenue per employee?
Latest GoCardless revenue per employee is £48.2 k.
Who are GoCardless competitors?
Competitors of GoCardless include Recurly, FIS and Payoneer.
Where is GoCardless headquarters?
GoCardless headquarters is located at Northburgh St, London.
Where are GoCardless offices?
GoCardless has an office in London.
How many offices does GoCardless have?
GoCardless has 1 office.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies