Bambora

Bambora, formerly known as Beanstream, IP Payments, and various others, is a PCI Level 1 compliant financial services organisation that provides payment processing, accounts receivable automation, and PCI DSS compliance solutions. Bambora operates in Canada, Australia, New Zealand, and the United Kingdom. IP Payments is listed on the Asia Pacific Deloitte Fast 500.

History
Bambora is a combination of 12 financial service companies from around the world.

The oldest of these, Beanstream, was founded in 2000 in Victoria, British Columbia, by entrepreneur and military veteran Craig Thomson. It was created to facilitate online payments, and quickly expanded into the United States as one of the first gateway payment systems in North America.

Meanwhile, in Australia, IP Payments – the next largest of the group – was founded in 2004 in Melbourne, Australia, by Jamie Collins, Mark Lewis, and Anthony Fulton. The company provided customised accounts receivable, payments, and PCI DSS compliance solutions. Headquartered in Sydney, it serviced over 3500 enterprises, including global organisations.

Bambora itself was founded in 2015 in Stockholm, Sweden, by Johan Tjärnberg. It began as an integration of four global payment-processing companies, including IP Payments (acquired in August 2015) and Beanstream (acquired in September 2015, but which, for marketing reasons, did not fully re-brand until 2017).

Two years later, Bambora was acquired by Ingenico Group of France, which subsequently merged with Worldline SA in late 2020. As of 2024, Bambora continues to operate under its own name, though it is publicly identified as "a Worldline brand".

Services
Bambora offers services which customise and automate existing account receivables operations, including third-party software the client might use, as well as merchant level 1 PCI DSS compliance solutions and payment gateways to clients who process credit card transactions.

Bambora services include multiple payment methods (credit card, charge card, direct debit, direct credit, BPay and Over-the-Counter) across multiple payment channels (Internet, mobile, PS3, call centre, batch and recurring) utilising multiple payment types (purchase, refund, pre-auth and completion).

In September 2012, Bambora (then IP Payments) released a study of PCI compliance in Australia

Awards and mentions

 * 2012 Deloitte Asia Pacific Fast 500
 * 2012 Deloitte Australia Fast 50
 * 2011 Deloitte Asia Pacific Fast 500
 * 2011 Deloitte Australia Fast 50
 * 2010 Deloitte Australia Fast 50
 * 2010 Asia Pacific ICT Award (APICTA) - "Most Innovative Financial Industry Application"
 * 2010 iAwards - Financial Industry Application sponsored by KPMG
 * 2009 Deloitte Asia Pacific Fast 500
 * 2008 Listed in MIS Strategic 100
 * 2008 Deloitte Asia Pacific Fast 500 Rank: 128
 * 2008 AIIA National iAward for Innovation across all iAward categories