
Sparkling18
Sparkling18 developed 1APP8, a payment processing, mobile wallet and digital marketing services engine.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
N/A | Acquisition | ||
Total Funding | 000k |

EUR | 2015 | 2016 | 2017 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 297 % | 239 % |
EBITDA | 0000 | 0000 | 0000 |
% EBITDA margin | (983 %) | (296 %) | 20 % |
Profit | 0000 | 0000 | 0000 |
% profit margin | (1398 %) | (427 %) | (33 %) |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Sparkling18 operated as a fintech entity in the digital payments sector, originating from Milan, Italy. The firm commenced its operations in 2013, focusing on the development of mobile and omnichannel payment systems.
A significant achievement in its history was the recognition by MasterCard as one of only seven Platinum Digital Vendors globally, a designation that highlighted its standing in the payment technology landscape. The company's trajectory culminated in its acquisition by Nexi, a prominent Italian PayTech corporation, in April 2018. This transaction marked Nexi's inaugural acquisition of a startup and was a strategic move aimed at accelerating its roadmap for smartphone-based payment solutions.
The core of Sparkling18's business was a comprehensive platform that enabled mobile and multi-channel purchasing experiences. Its service portfolio included the development of mobile wallets and bespoke purchasing applications. The underlying technology featured a Payment Gateway with a PCI DSS 3.2 Level 1 certification, point-of-sale management functionalities, and integrated value-added services such as loyalty programs and coupon management. The company catered to a client base of major brands operating in retail, large-scale distribution, financial services, and telecommunications, with names like Eataly and Auchan among its customers. The business model was centered on providing these large-scale clients with the infrastructure to support sophisticated and seamless digital customer journeys.
Keywords: digital payments, fintech, omnichannel payments, mobile wallets, PayTech, payment gateway, retail technology, financial services, mobile payment solutions, point-of-sale systems, loyalty programs, multichannel retail, Nexi acquisition, customer journey technology, e-commerce solutions, digital commerce, payment processing