About Arc Pay Corporation
Arc Pay Corporation was a Financial Services company based in Toronto (Canada) founded in 2018. It operates a digital banking platform tailored for consumer financial needs. It operates on a B2C model. Arc Pay Corporation has raised $37.88 thousand across 1 funding round. The company is recorded as dissolved. Its focus areas include FinTech, Digital Banking and Consumer Platforms. Its legal entity is Arc Pay OÜ. Its competitors include Neo Financial, Ideal Savings and QNTMPAY; 1 of its 3 listed competitors has raised funding.
Company details
Arc Pay Corporation, established in 2018, excels in offering financial products and advice, innovating financial technology, digital banking, and consumer platforms. Operates a digital banking platform tailored for consumer financial needs. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Total Equity Funding$37.88K (USD)
in 1 rounds
- Latest Funding Round$37.88K (USD), Seed
Dec 2019
Funding Insights of Arc Pay Corporation
Arc Pay Corporation has successfully raised a total of $37.88K through 1 strategic funding round. The most recent funding activity was a Seed round of $37.88 thousand completed in December 2019. 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 $37,882
- Total Rounds 1
- Last Round Seed — $37,882
- First Round $37,882
(Dec 2019)
All 1 funding rounds of Arc Pay Corporation 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 |
|---|---|---|---|---|---|
| Dec 2019 | $37,882 | Seed | – | – | – |
Timeline of Arc Pay Corporation
2 dated milestones of Arc Pay Corporation across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Arc Pay Corporation is founded.
- Funding First funding round of $38K.
Competitors of Arc Pay Corporation
Arc Pay Corporation has 3 listed competitors in our database, 1 of them funded. They include Neo Financial, Ideal Savings and QNTMPAY.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| neofinancial.com | 2019 | Calgary, Canada | $343.68M | 618 | Provider of financial products and services including credit cards, accounts, and investment options | |
| idealsavings.ca | 2016 | Winnipeg, Canada | Operates as an internet-first bank providing digital financial services. | |||
| qntmpay.com | 2019 | Toronto, Canada | Provides payment solutions for businesses with fast processing and 24/7 assistance. |
Detailed competitors of Arc Pay Corporation
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Frequently Asked Questions about Arc Pay Corporation
Arc Pay Corporation was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Arc Pay Corporation is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Arc Pay Corporation is a funded company, having raised a total of $37.88K across 1 funding round to date. The company's 1st funding round was a Seed of $37.88K, raised on Dec 2019.
Arc Pay Corporation, established in 2018, excels in offering financial products and advice, innovating financial technology, digital banking, and consumer platforms. Operates a digital banking platform tailored for consumer financial needs. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Arc Pay Corporation's top competitors include Neo Financial, Ideal Savings and QNTMPAY.
Arc Pay Corporation operates through Arc Pay Oü.