About Akimbo Prepaid MasterCard
Akimbo Prepaid MasterCard is a company based in San Antonio (United States) founded in 2010 was acquired by Payment Data in December 2014.. Akimbo Prepaid MasterCard has raised $1.24 million across 3 funding rounds from investors including Payment Data. Akimbo Prepaid MasterCard offers products and services including Akimbo Card, Dashboard, and Text Alerts. Akimbo Prepaid MasterCard operates in a competitive market with competitors including Prepaid Technologies, Apto Payments, Paysign, Rain and FSV Payment Systems, among others.
- Headquarter San Antonio, United States
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Akimbo Financial, Inc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$1.24 M (USD)
in 3 rounds
-
Latest Funding Round
$850 K (USD), Angel Round
May 13, 2013
- Investors
-
Employee Count
Employee Count
-
Acquired by
Payment Data
(Dec 16, 2014)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Akimbo Prepaid MasterCard
Akimbo Prepaid MasterCard offers a comprehensive portfolio of products and services, including Akimbo Card, Dashboard, and Text Alerts. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Card for secure online and in-person payments and transactions
Platform to monitor balance and transaction history securely
Service for real-time transaction alerts via messages
Funding Insights of Akimbo Prepaid MasterCard
Akimbo Prepaid MasterCard has successfully raised a total of $1.24M across 3 strategic funding rounds. The most recent funding activity was a Angel Round round of $850 thousand completed in May 2013. 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Angel Round — $850,000
-
First Round
First Round
(30 Sep 2010)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2013 | Amount | Angel Round - Akimbo Prepaid MasterCard | Valuation |
investors |
|
| Sep, 2011 | Amount | Seed - Akimbo Prepaid MasterCard | Valuation |
investors |
|
| Sep, 2010 | Amount | Seed - Akimbo Prepaid MasterCard | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Akimbo Prepaid MasterCard
Akimbo Prepaid MasterCard has secured backing from 1 investor. Prominent investors backing the company include Payment Data. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Payment Solutions
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Akimbo Prepaid MasterCard
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Akimbo Prepaid MasterCard
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Akimbo Prepaid Mastercard Comparisons
Competitors of Akimbo Prepaid MasterCard
Akimbo Prepaid MasterCard 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 Prepaid Technologies, Apto Payments, Paysign, Rain and FSV Payment Systems, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Prepaid card solutions are offered to banks and businesses.
|
|
| domain | founded_year | HQ Location |
White-label solutions for prepaid card issuance
|
|
| domain | founded_year | HQ Location |
Prepaid card payment solutions are provided for business sectors.
|
|
| domain | founded_year | HQ Location |
Stablecoin-powered cards and payment infrastructure are provided by Rain.
|
|
| domain | founded_year | HQ Location |
Prepaid cards are processed and issued by FSV Payment Systems.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Akimbo Prepaid MasterCard
When was Akimbo Prepaid MasterCard founded?
Akimbo Prepaid MasterCard was founded in 2010.
Where is Akimbo Prepaid MasterCard located?
Akimbo Prepaid MasterCard is headquartered in San Antonio, United States. It is registered at San Antonio, Texas, United States.
Is Akimbo Prepaid MasterCard a funded company?
Akimbo Prepaid MasterCard is a funded company, having raised a total of $1.24M across 3 funding rounds to date. The company's 1st funding round was a Seed of $105K, raised on Sep 30, 2010.
What does Akimbo Prepaid MasterCard do?
Akimbo is a debit card platform that connects people with instant money transfers and automatic allowances. The Akimbo Card addresses the problems and difficulty of money disbursement for individuals, families, and small businesses. Money can be delivered to any Akimbo Card on the network free and instantly. In addition, multiple sub-cards can be created under a single account for family members or specific household budgets. The Akimbo Card is also used by many small businesses for corporate expenses. Akimbo plans to expand its services to business with corporate expense and payroll card products. Akimbo offers powerful yet simple account management tools via a HTML5 web app and dedicated mobile app. Akimbos unique Visa Prepaid card can be used everywhere Visa debit cards are accepted and at ATMs worldwide.
Who are the top competitors of Akimbo Prepaid MasterCard?
Akimbo Prepaid MasterCard's top competitors include Prepaid Technologies, Paysign and Apto Payments.
What products or services does Akimbo Prepaid MasterCard offer?
Akimbo Prepaid MasterCard offers Akimbo Card, Dashboard, and Text Alerts.
Who are Akimbo Prepaid MasterCard's investors?
Akimbo Prepaid MasterCard has 1 investor. Key investors include Payment Data.