About Appway
Appway is a Financial Services company based in New York (United States) founded in 2003, and was acquired by FNZ in December 2021. Anti-fraud and banking software solutions are provided to financial institutions. Appway has raised $37 million across 1 funding round from investors including FNZ and Summit Partners. The company was acqui-hired. Appway offers products and services including Investor Onboarding Platform and eKYC Process. Its focus areas include FinTech, Banking Tech and Banking Software Suite. Its legal entity is Appway AG. Its competitors include Fiserv, Jack Henry and Blend; 1 of its 3 listed competitors has raised funding.
Company details
Appway was founded in 2003 and is headquartered in New York, United States. Operations focus on the fintech sector, where anti-fraud tools and comprehensive banking software suites are developed for banks and financial institutions. Services encompass KYC verification, core banking platforms, mortgage lending solutions, workflow automation, digital banking interfaces, customer engagement tools, and document management systems. Clients such as Investec and SUISA are served through these offerings.
- Headquarters New York, United States
- Stage Acquired
- SectorsFinancial Services
- Website appway.com
- Social LinkedIn X
- Acquired by FNZ (Dec 2021)
- Legal Name Appway Ag
Products & Services of Appway
Appway offers a comprehensive portfolio of products and services, including Investor Onboarding Platform and eKYC Process.
Digital platform for streamlined investor account opening and verification.
Automated system for quick and secure customer identity checks.
Funding Insights of Appway
Appway has successfully raised a total of $37M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $37 million completed in June 2020. 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 $37M
- Total Rounds 1
- Last Round Private Equity Round — $37M
- First Round $37M
(Jun 2020)
- Investors Count 1
All 1 funding rounds of Appway with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2020 | $37M | Private Equity Round | – | Summit Partners | – |
2 investors in total: 2 institutional.
Investors in Appway
Appway has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include FNZ and Summit Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Summit Partners is recognized as a growth equity investment firm. | summitpartners.com | Boston, United States | ||
Wealth management solutions are delivered for asset managers. | 2003 | fnz.com | London, United Kingdom |
Investor details for Appway
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of Appway
463 people are tracked at Appway (186 in leadership, 12 in board & advisors, 265 in team).
| Name | Role | Group |
|---|---|---|
Blythe Masters | Group CEO | Leadership |
Aashish Kamat | Group CFO | Leadership |
Enrique Sacau | Group Head of Europe | Leadership |
Carl Robertson | Group Chief Marketing Officer | Leadership |
Chris Bell | Group Chief Business Officer | Leadership |
Manisha Chhabra | Talent Acquisition Business Partner | Leadership |
Tim Neville | CEO, APAC | Leadership |
Jess Hawkins | Group Head Of HRIS | Leadership |
Jolene Ingram | Senior Recruitment Business Partner | Leadership |
Din Mustaffa | Group Chief Strategy Officer | Leadership |
Mark Bredell | Managing Director | Leadership |
Signe Jansdotter | People Business Partner, Nordics | Leadership |
Neil Longmuir | Interim COO | FNZ EU DAC | Leadership |
Josh Saunders | Head Of Development - A/nz | Leadership |
Adrian White | Finance Director | Leadership |
Miles Thomson | Chief Of Staff To Group CEO & President | Leadership |
Shane Riordan | CEO FNZ EU DAC | Leadership |
Luke McCathie | Head Of Production Support - APAC | Leadership |
Lesley Lendh | Vice President Operations | Leadership |
Bachana K. | Head Of Function - UK Income Operations | Leadership |
443 more people are available in the full profile.
Complete people profiles for Appway
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Appway
3 dated milestones of Appway across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Appway is founded.
- Funding First funding round of $37.0M.
- Exit Acquired by FNZ.
Competitors of Appway
Appway has 3 listed competitors in our database, 1 of them funded. They include Fiserv, Jack Henry and Blend.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fiserv.com | 1984 | United States | 42,000 | Diversified financial solutions for business processing and management are provided. | ||
| jackhenry.com | 1976 | Monett, United States | 7,120 | Banking and payments solutions are provided through a dedicated platform. | ||
| blend.com | 2012 | San Francisco, United States | $685M | 1,826 | Digital solutions for mortgage and consumer lending are provided. |
Detailed competitors of Appway
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Web traffic of Appway
The website of Appway (appway.com) receives about 9.1K visits a month.
- Monthly visits9.1K
▲ 134.9% vs previous month
Websites whose visitors overlap most with Appway. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| headstrong.com | 100% | View details | |||
| joineei.com | 56% | 1.4K | #10,923,964 | View details | |
axiomaticdesign.com | axiomaticdesign.com | 54% | #9,457,014 | – |
Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Appway (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
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Related news about Appway
Complete news archive for Appway
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Frequently Asked Questions about Appway
Appway was founded in 2003 and raised its 1st funding round 17 years after it was founded.
Appway is headquartered in New York, United States. It is registered at New York, New York, United States.
Appway is a funded company, having raised a total of $37M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $37M, raised on Jun 2020.
Appway was founded in 2003 and is headquartered in New York, United States. Operations focus on the fintech sector, where anti-fraud tools and comprehensive banking software suites are developed for banks and financial institutions. Services encompass KYC verification, core banking platforms, mortgage lending solutions, workflow automation, digital banking interfaces, customer engagement tools, and document management systems. Clients such as Investec and SUISA are served through these offerings.
Appway's top competitors include Blend, Fiserv and Jack Henry.
Appway offers Investor Onboarding Platform and eKYC Process.
Appway has 2 investors. Key investors include FNZ, and Summit Partners.
Appway operates through Appway Ag.
Yes. Appway was acquired by FNZ in December 2021.