About Bankable
Bankable is a Financial Services company based in London (United Kingdom) founded in 2010. White-label payment solutions for e-wallets and transfers are offered. Bankable has raised $11.98 million across 8 funding rounds from investors including Visa. The company has 6 employees. Bankable has completed 1 acquisition, including Arex. Bankable offers products and services including Bank Accounts, Cards as a Service, Payment Infrastructure, and Credit as a Service. Its focus areas include FinTech, Digital Remittance, Enablers and Software for Enterprises. Its legal entity is BNKBL LTD. Its competitors include Banked, Currencycloud and Yapily; 3 of its 3 listed competitors have raised funding.
Company details
Bankable was established in 2010 as the trading name of Cards Prepaid Limited, based in London, United Kingdom. Operations focus on the fintech sector, where white-label solutions for payments are provided. Services include e-wallets, m-wallets, remittance options, peer-to-peer money transfers, and prepaid card programs. These offerings support various financial operations across the region.
Products & Services of Bankable
Bankable offers a comprehensive portfolio of products and services, including Bank Accounts, Cards as a Service, Payment Infrastructure, and Credit as a Service.
Enables IBAN issuance and virtual accounts for cash management
Facilitates custom branded card programs for corporate expenses
Supports real-time transfers and integrates KYC services
Provides off-balance sheet credit for SME financing
Funding Insights of Bankable
Bankable has successfully raised a total of $11.98M across 8 strategic funding rounds. 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 $11.98M
- Total Rounds 8
- First Round $1.33M
(Jan 2010)
- Investors Count 1
All 8 funding rounds of Bankable 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 |
|---|---|---|---|---|---|
| Apr 2019 | Series A | – | Visa | – | |
| Mar 2019 | $918,386 | Seed | – | – | – |
| May 2016 | $2.01M | Seed | – | – | – |
| Aug 2015 | $1.55M | Seed | – | – | – |
| Jul 2015 | $2.18M | Seed | – | – | – |
| Apr 2012 | $3.33M | Seed | – | – | – |
| Nov 2010 | $666,792 | Seed | – | – | – |
| Jan 2010 | $1.33M | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in Bankable
Bankable has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Visa.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Digital payment solutions are offered to individuals and businesses. | 1958 | visa.com | San Francisco, United States |
Investor details for Bankable
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Bankable
2 people are tracked at Bankable (1 in leadership, 1 in team); the tracked headcount is 6.
| Name | Role | Group |
|---|---|---|
Steve Taylor | Chief Partnership Officer | Leadership |
Amy Forde | Client Relationship Manager | Team |
Complete people profiles for Bankable
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.
Investments & Acquisitions by Bankable
Bankable has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Arex.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online marketplace for invoice financing | arex.io | Dublin, Ireland | 2014 | Jun 2023 | •••• |
Complete acquisition details for Bankable
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Bankable
4 dated milestones of Bankable across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Bankable is founded.
- Funding First funding round of $1.3M.
- Funding Latest funding round, Series A,.
- Acquisition Acquires Arex.
Competitors of Bankable
Bankable has 3 listed competitors in our database, 3 of them funded. They include Banked, Currencycloud and Yapily.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| banked.com | 2018 | London, United Kingdom | $39.85M | 25 | Open banking APIs for payments and data access are provided. | |
| currencycloud.com | 2007 | London, United Kingdom | $186.88M | 97 | Cloud-based payment solutions are provided for cross-border transactions. | |
| yapily.com | 2017 | London, United Kingdom | $70.78M | 79 | Platform offering open banking API solutions for payment infrastructure to banks and businesses |
Detailed competitors of Bankable
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Bankable
The website of Bankable (bnkbl.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▲ 233.6% vs previous month
Websites whose visitors overlap most with Bankable. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| aion.eu | 100% | 17.6K | #1,275,735 | View details |
Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Bankable (Banking & FinTech Platforms) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 180.56 M | 3,462 | ||
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.73 B | USD 5.95 B | 20,299 | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 2.37 B | USD 2.31 M | 3,786 |
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
Related news about Bankable
Complete news archive for Bankable
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Bankable
Bankable was founded in 2010.
Bankable is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Bankable is a funded company, having raised a total of $11.98M across 8 funding rounds to date. The company's 1st funding round was a Seed of $1.33M, raised on Jan 2010.
Bankable has 6 employees.
Annual revenue of Bankable is $29.48M as on Dec 31, 2022.
Bankable was established in 2010 as the trading name of Cards Prepaid Limited, based in London, United Kingdom. Operations focus on the fintech sector, where white-label solutions for payments are provided. Services include e-wallets, m-wallets, remittance options, peer-to-peer money transfers, and prepaid card programs. These offerings support various financial operations across the region.
Bankable's top competitors include Yapily, Currencycloud and Banked.
Bankable offers Bank Accounts, Cards as a Service, Payment Infrastructure, and Credit as a Service.
Bankable has made 1 acquisition, including Arex.
Bankable has 1 investor. Key investors include Visa.
Bankable operates through Bnkbl Ltd.