About Beam Wallet
Beam Wallet is a company based in Lisbon (Portugal) founded in 2012 by Natallia Catarina was acquired by Majid Al Futtaim in November 2018.. Beam Wallet has raised $27 million across 2 funding rounds from investors including Majid Al Futtaim. Beam Wallet operates in a competitive market with competitors including Paytm, MoneyGram, Ziina, Jingle Pay and CarePay, among others.
- Headquarter Lisbon, Portugal
- Founders Natallia Catarina
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Sectors
RetailFinancial 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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$27 M (USD)
in 2 rounds
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Latest Funding Round
$27 M (USD), Series B
Jul 01, 2023
- Investors
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Employee Count
Employee Count
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Acquired by
Majid Al Futtaim
(Nov 21, 2018)
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Funding Insights of Beam Wallet
Beam Wallet has successfully raised a total of $27M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $27 million completed in July 2023. 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 Total Funding
- Total Rounds 2
- Last Round Series B — $27.0M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Series B - Beam Wallet | Valuation |
investors |
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| Jun, 2014 | Amount | Series A - Beam Wallet | Valuation |
investors |
| 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 Beam Wallet
Beam Wallet has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Majid Al Futtaim. 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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Operates retail store of consumer goods
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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 Beam Wallet
| 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 - Beam Wallet
| 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 |
Beam Wallet Comparisons
Competitors of Beam Wallet
Beam Wallet 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 Paytm, MoneyGram, Ziina, Jingle Pay and CarePay, 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 |
Digital payments, financial services, and e-commerce platforms are provided.
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| domain | founded_year | HQ Location |
Cross-border payments are enabled via wallet solutions for consumers.
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| domain | founded_year | HQ Location |
App-based digital wallet for consumer payments
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| domain | founded_year | HQ Location |
NFC-enabled prepaid wallet is linked to cards for payments.
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| domain | founded_year | HQ Location |
Provider of a health insurance platform for global insurers
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| domain | founded_year | HQ Location |
Mobile payment and money transfer app for consumers and businesses
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Beam Wallet
Frequently Asked Questions about Beam Wallet
When was Beam Wallet founded?
Beam Wallet was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Beam Wallet located?
Beam Wallet is headquartered in Lisbon, Portugal.
Who is the current CEO of Beam Wallet?
Natallia Catarina is the current CEO of Beam Wallet. They have also founded this company.
Is Beam Wallet a funded company?
Beam Wallet is a funded company, having raised a total of $27M across 2 funding rounds to date.
What does Beam Wallet do?
Beam Wallet was founded in 2012 in Lisbon, Portugal, as a digital payments platform in the fintech sector. Blockchain technology is leveraged to facilitate transactions, bill payments, and fund transfers. Smart contracts and AI-powered features are integrated into operations. Periodic discounts and cashbacks are offered to users across electronic payment services.
Who are the top competitors of Beam Wallet?
Who are Beam Wallet's investors?
Beam Wallet has 1 investor. Key investors include Majid Al Futtaim.
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