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.
TypePrivate
Founded2011
HQLondon, GB
Websitegocardless.com
Employee Ratings4.1
Culture scoreA+

Latest Updates

Employees (est.) (May 2020)418(+4%)
Job Openings8
Revenue (FY, 2018)£20.1 M(+70%)

Key People/Management at GoCardless

Hiroki Takeuchi

Hiroki Takeuchi

Founder & CEO
Neil Weston

Neil Weston

Chief Revenue Officer
Yvonne Agyei

Yvonne Agyei

Chief People Officer
Catherine Birkett

Catherine Birkett

Chief Financial Officer
Pat Phelan

Pat Phelan

Chief Customer Officer
Erez Mathan

Erez Mathan

Chief Risk Officer
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GoCardless Office Locations

GoCardless has an office in London
London, GB (HQ)
Northburgh St
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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

GoCardless's latest funding round in February 2019 was reported to be $75 m. In total, GoCardless has raised $122.3 m
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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
GBPFY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.2m2.9m11.9m20.1m

Revenue growth, %

139%305%

Cost of goods sold

636.5k2.3m5.0m

Gross profit

2.3m9.6m15.1m
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

572.7k1.7m403.2k970.6k1.2m4.5m2.6m

Accounts Receivable

63.8k163.6k3.9m29.5k126.3k1.2m2.2m

Inventories

Current Assets

636.6k1.8m4.3m6.0m10.1m8.3m8.6m
GBPFY, 2015FY, 2016FY, 2017FY, 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

5.6m8.1m11.6m
GBPY, 2018

Revenue/Employee

97.2k

Debt/Equity

3 x

Debt/Assets

0.5 x

Financial Leverage

6.2 x
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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, 2017Feb, 2019

Enterprise Customers

40 k

Transaction Volume

$4 b
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Human Capital Metrics

Embed Graph
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GoCardless Online and Social Media Presence

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GoCardless Company Culture

  • Overall Culture

    A+

    97/100

  • CEO Rating

    A+

    100/100

  • Compensation

    A+

    100/100

Learn more on Comparably

GoCardless Blogs

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…

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…

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…

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…

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…

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…
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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.