PingPong
PrivateLast Round
Private Equity
Jan 27, 2022
Est. Valuation
$5B
Total Funding Raised
$226.61M
Momentum
Top 10%
of companies Caplight tracks
Company Overview
PingPong operates in FinTech and is based in New York City, New York. Its latest recorded funding round was a Series D round in April 2019.
PingPong is a fintech company that provides a global cross-border payment platform for e-commerce businesses and enterprises to manage international transactions.
Sector
FinTech
Verticals
Digital Payments, Foreign Exchange, E-commerce, Corporate Banking
Business Model
B2B
Customer Profile
Payment Processing Fee, Usage-Based SaaS, Subscription SaaS
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
PingPong Comparables
Compare PingPong with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Payoneer | 87% | |
| Airwallex | 86% | |
| SUNRATE | 83% |
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PingPong Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Private Equity | Jan 27, 2022 | ||||
| Series D | Apr 1, 2019 | ||||
| Series C | Sep 20, 2018 | ||||
| Series B Extension | Mar 21, 2018 | ||||
| Series B | Mar 13, 2017 | ||||
Series B | Feb 1, 2017 |
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Key People
Founding team and executive leadership
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PingPong Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Cybernaut Investment Group | Series C |
| Zhejiang Sino Wisdom Investment Management | Series C |
| China International Capital Corporation | Series B, Series C, Series B Extension |
| China Development Bank | Series C |
| Cybernaut International Holdings | Series C |
| Eight Roads Ventures | Series A, Series B, Series C, Angel |
| Fidelity Management & Research Company | Series B |
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Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 1, 2026
Processed over $300 billion in payments.
- Mar 9, 2026
Partnered with Chewy, the largest online pet retailer in the US.
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Recent news
Latest coverage and updates
- expands_offices_toOct 19, 2026
PingPong Group expands into Spain and Portugal through a strategic partnership with Santander's Getnet, giving global businesses access to local payment collection and management in Iberia on Oct 19th '26.
- expands_offices_toOct 19, 2026
PingPong Group expands into Spain and Portugal through a strategic partnership with Santander's Getnet, giving its global business customers access to local payment capabilities in Iberia on existing infrastructure on Oct 19th '26.
- partners_withOct 19, 2026
PingPong Group partners with Getnet Group to expand access to financial infrastructure across Iberia and provide streamlined payment solutions for global businesses in Spain and Portugal on Oct 19th '26.
- partners_withOct 19, 2026
On Oct 19th '26, PingPong Group and Getnet, Inc. announce a strategic partnership to expand access to financial infrastructure for global businesses in Spain and Portugal.
- integrates_withOct 13, 2026
PingPong Group integrates with TikTok Inc. through its API, enabling marketplaces to distribute seller funds directly to PingPong Group accounts.
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PingPong Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about PingPong's valuation, stock price, and market status.
Is PingPong a public or private company?
PingPong is a private company.
What is the current stock price of PingPong?
PingPong is a private company, so its shares have no public market price. Caplight tracks PingPong's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is PingPong worth (valuation)?
PingPong's valuation is estimated at $5.0B based on funding round data.
Can I buy PingPong stock?
PingPong shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was PingPong's last funding round?
PingPong's most recent funding round was Private Equity on January 27, 2022.
Who are the main investors in PingPong?
Key investors in PingPong include Zhejiang Sino Wisdom Investment Management, China International Capital Corporation, China Development Bank, Cybernaut International Holdings, Eight Roads Ventures.
Will PingPong IPO soon?
No public IPO plans have been announced for PingPong.
How can I track PingPong secondary market activity?
Caplight tracks bids, offers, and trades in PingPong's shares on secondary markets.