Bankiq

India Founded: 2019 • Age: 7 yrs
Real-time fraud detection solutions are provided for financial institutions.
Annual revenue $1.2M Latest available
Total funding $140,767 1 rounds
Employees 106 Tracked headcount
Investors - Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

About Bankiq

Bankiq is a company based in India founded in 2019 by Sudesh Prabhu. Bankiq has raised $140.77 thousand across 1 funding round. The company has 106 employees as of October 19, 2025. Bankiq offers products and services including FRC, IFRM, IAML, and PULSE FRM. Bankiq operates in a competitive market with competitors including Quantexa, ComplyAdvantage, Riskified, Alloy and Megvii, among others.

  • Headquarter India
  • Employees 106 as on 19 Oct, 2025
  • Founders Sudesh Prabhu
  • Stage Minicorn
  • Sectors
    Technology
    Industrial Goods & Manufacturing Financial Services
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Squareone Insights Private Limited
  • Date of Incorporation 16 Jul, 2014
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.17 M (USD)
    10.55
    as on Mar 31, 2024
  • Net Profit
    $116.24 K (USD)
    7.53
    as on Mar 31, 2024
  • EBITDA
    $203.01 K (USD)
    -42.29
    as on Mar 31, 2024
  • Total Equity Funding
    $140.77 K (USD)

    in 1 rounds

  • Latest Funding Round
    $140.77 K (USD), Angel Round

    Jan 11, 2022

  • Investors
    Not available
  • Employee Count
    106

    as on Oct 19, 2025

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Products & Services of Bankiq

Bankiq offers a comprehensive portfolio of products and services, including FRC, IFRM, IAML, and PULSE FRM.

Product name locked
Category locked
Primary

Provides transaction monitoring and suspicious activity reporting for acquirers.

Product name locked
Category locked
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Prevents fraud in digital and instant payments for issuers.

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Detects and controls money mules and suspicious transactions.

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Offers software-as-a-service for enterprise fraud prevention.

Funding Insights of Bankiq

Bankiq has successfully raised a total of $140.77K through 1 strategic funding round. The most recent funding activity was a Angel Round of $140.77 thousand completed in January 2022. 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.

Investments & Acquisitions by Bankiq

Investments
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Investment portfolio details for Bankiq

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Financial Statements - Bankiq

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Detailed financials for Bankiq

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Bankiq Comparisons

Bankiq Primary company
Description
Real-time fraud detection solutions are provided for financi...
Location
India
Founded Year
2019
Annual Revenue
$1.17 M (USD)
Net Profit
$116.24 K (USD)
EBITDA
$203.01 K (USD)
Employees
106
As of 2025
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Peer comparison for Bankiq

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Competitors of Bankiq

Bankiq 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 Quantexa, ComplyAdvantage, Riskified, Alloy and Megvii, among others.

Company Name Domain Founded year HQ Location Description
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AI-powered data and decision intelligence solutions are provided for businesses.
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Cloud-based anti-money laundering solutions are provided for compliance.
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AI-based fraud prevention for e-commerce payments is provided.
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Identity decisioning platform is provided for banks and fintech firms.
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Facial recognition and AI video analysis solutions are provided.
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Provider of fraud prevention and payment validation for online retailers
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Detailed competitors of Bankiq

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Latest news on Bankiq

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Complete news archive for Bankiq

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Frequently Asked Questions about Bankiq

Bankiq was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Bankiq is headquartered in India.

Bankiq is a funded company, having raised a total of $140.77K across 1 funding round to date.

As of Oct 19, 2025, the latest employee count at Bankiq is 106.

Annual revenue of Bankiq is $1.17M as on Mar 31, 2024.

Bankiq was founded in 2019 in India as a provider of fraud detection and prevention tools for the financial sector. Solutions are offered to combat issuer and acquirer fraud, internal fraud, and anti-money laundering through machine learning and fast-data technologies. Transactions are monitored in real-time to flag suspicious activities. Services encompass merchant onboarding risk scoring, transaction reporting, and fraud management, targeting banks, payment providers, and fintech firms.

Bankiq's top competitors include ComplyAdvantage, Riskified and Quantexa.

Bankiq offers FRC, IFRM, IAML, and PULSE FRM.

The valuation of Bankiq is $10.3M as of Jan 2022.

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