About Bankable
Bankable is a company based in London (United Kingdom) founded in 2010. Bankable has raised $11.98 million across 8 funding rounds from investors including Visa. The company has 6 employees as of December 31, 2021. 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. Bankable operates in a competitive market with competitors including Zeta, Tink, Banked, NIUM and Currencycloud, among others.
- Headquarter London, United Kingdom
- Employees 6 as on 31 Dec, 2021
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Bnkbl Ltd
- Date of Incorporation 23 Jul, 2007
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
$29.48 M (USD)55as on Dec 31, 2022
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Net Profit
-$4.55 M (USD)-140as on Dec 31, 2022
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EBITDA
-$5.69 M (USD)-156as on Dec 31, 2022
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Total Equity Funding
$11.98 M (USD)
in 8 rounds
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Latest Funding Round
Not available
- Investors
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Employee Count
6
as on Dec 31, 2021
- Investments & Acquisitions
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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
People of Bankable
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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.
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 |
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Digital payment solutions are offered to individuals and businesses.
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Investor details for Bankable
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Investments & Acquisitions by Bankable
Bankable has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Arex.
Investment portfolio details for Bankable
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Online marketplace for invoice financing
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Locked | Locked | 2014 | Locked |
Complete acquisition details for Bankable
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Financial Statements - Bankable
Detailed financials for Bankable
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Bankable Comparisons
Peer comparison for Bankable
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Competitors of Bankable
Bankable 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 Zeta, Tink, Banked, NIUM and Currencycloud, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Payment and banking solutions are provided to users and banks.
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Tink is recognized as a leading European open banking platform.
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Open banking APIs for payments and data access are provided.
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Cross-border money transfer solutions are provided for businesses globally.
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Cloud-based payment solutions are provided for cross-border transactions.
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Platform offering open banking API solutions for payment infrastructure to banks and businesses
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Detailed competitors of Bankable
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Latest news on Bankable
Complete news archive for Bankable
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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.
As of Dec 31, 2021, the latest employee count at Bankable is 6.
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 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.