Achex

San Francisco, United States Founded: 1999 • Age: 27 yrs Acquired By First Data
ACH-based online money transfers are provided to businesses.
Annual revenue - Latest available
Total funding $18.0M 1 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Achex

Achex is a company based in San Francisco (United States) founded in 1999 was acquired by First Data in July 2001. Achex has raised $18 million across 1 funding round from investors including Fiserv, RRE Ventures and DFJ. Achex operates in a competitive market with competitors including Cuanto, PaymentWiser, ExplaraBiz, SnappyWire and Underwriters Technologies, among others.

  • Headquarter San Francisco, United States
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $18 M (USD)

    in 1 rounds

  • Latest Funding Round
    $18 M (USD), Series A

    Jul 12, 2000

  • Investors
    Fiserv

    & 2 more

  • Employee Count
    Not available
  • Acquired by
    First Data

    (Jul 10, 2001)

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Funding Insights of Achex

Achex has successfully raised a total of $18M through 1 strategic funding round. The most recent funding activity was a Series A round of $18 million completed in July 2000. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Achex

Achex has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Fiserv, RRE Ventures and DFJ.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
VC firm investing in seed and early stage companies in the US
Locked Locked Locked
US focused VC firm
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Payment processing and electronic commerce services are offered worldwide.
Locked Locked Locked
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Investor details for Achex

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Investments & Acquisitions by Achex

Investments
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Investment portfolio details for Achex

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Financial Statements - Achex

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Detailed financials for Achex

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Achex Comparisons

Achex Primary company
Description
ACH-based online money transfers are provided to businesses.
Location
San Francisco, United States
Founded Year
1999
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Achex

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Competitors of Achex

Achex operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cuanto, PaymentWiser, ExplaraBiz, SnappyWire and Underwriters Technologies, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Mobile commerce solutions are provided for e-commerce businesses.
Locked Locked Locked
A payment link solution designed to streamline transactions for businesses.
Locked Locked Locked
Provides payment gateway software solutions for secure transactions.
Locked Locked Locked
Provides payment links and mPOS solutions for merchants.
Locked Locked Locked
Provides software solutions for insurance underwriting and business streamlining.
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Detailed competitors of Achex

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Latest news on Achex

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Complete news archive for Achex

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Frequently Asked Questions about Achex

Achex was founded in 1999 and raised its 1st funding round 1 year after it was founded.

Achex is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Achex is a funded company, having raised a total of $18M across 1 funding round to date.

Achex was founded in 1999 in San Francisco, United States, within the financial technology sector. Online money transfer services based on checking accounts were offered to businesses, utilizing the Internet and established payment networks for fund transfers. Operations focused on ACH processing for efficient electronic payments. The company was acquired by FirstData in 2001, integrating its capabilities into broader payment solutions.

Achex's top competitors include Cuanto, PaymentWiser and ExplaraBiz.

Achex has 3 investors. Key investors include Fiserv, RRE Ventures, and DFJ.

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