About BankLaunch
BankLaunch is a company based in Riga (Latvia) founded in 2020 was acquired by MeaWallet in July 2021.. The company has 1 employees as of December 31, 2022. BankLaunch operates in a competitive market with competitors including nCino, ION Group, Tuum, Thought Machine and Backbase, among others.
- Headquarter Riga, Latvia
- Employees 1 as on 31 Dec, 2022
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Banklaunch
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Funding Insights of BankLaunch
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in BankLaunch
BankLaunch has secured backing from 1 investor. Prominent investors backing the company include MeaWallet. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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SaaS-based TSM and mobile wallet solutions are provided for payments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BankLaunch
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - BankLaunch
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Banklaunch Comparisons
Competitors of BankLaunch
BankLaunch 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 nCino, ION Group, Tuum, Thought Machine and Backbase, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based API platform for banking operations is provided.
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| domain | founded_year | HQ Location |
Treasury management solutions are provided for financial institutions and banks.
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| domain | founded_year | HQ Location |
Cloud-native API-first core banking platform is provided for banks.
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| domain | founded_year | HQ Location |
Cloud-based platform for core banking is developed via APIs.
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| domain | founded_year | HQ Location |
AI-powered banking platforms are provided for operational growth.
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| domain | founded_year | HQ Location |
Cloud-based core banking solutions are offered to financial institutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about BankLaunch
When was BankLaunch founded?
BankLaunch was founded in 2020.
Where is BankLaunch located?
BankLaunch is headquartered in Riga, Latvia.
How many employees does BankLaunch have?
As of Dec 31, 2022, the latest employee count at BankLaunch is 1.
What is the annual revenue of BankLaunch?
Annual revenue of BankLaunch is $154.22K as on Dec 31, 2022.
What does BankLaunch do?
BankLaunch was founded in 2020 and is headquartered in Riga, Latvia. A cloud-based core banking platform is provided to banks and financial institutions within the fintech sector. Solutions are offered for digital payments, digital wallets, loan marketplaces, payment processing, and digital banking. APIs are available for backend integrations, alongside app-based platforms for banking operations.
Who are the top competitors of BankLaunch?
BankLaunch's top competitors include nCino, Thought Machine and Tuum.
Who are BankLaunch's investors?
BankLaunch has 1 investor. Key investors include MeaWallet.
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