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
Locked
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Phone
Locked
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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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
Not available
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Acquired by
Majid Al Futtaim
(Nov 21, 2018)
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People of Beam Wallet
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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.
Investors in Beam Wallet
Beam Wallet has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Majid Al Futtaim.
| Investor | Description | Founded Year | Domain | Location |
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Operates retail store of consumer goods
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Investor details for Beam Wallet
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Investments & Acquisitions by Beam Wallet
Investment portfolio details for Beam Wallet
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Financial Statements - Beam Wallet
Detailed financials for Beam Wallet
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Beam Wallet Comparisons
Peer comparison for Beam Wallet
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Digital payments, financial services, and e-commerce platforms are provided.
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| Locked | Locked | Locked |
Cross-border payments are enabled via wallet solutions for consumers.
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App-based digital wallet for consumer payments
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NFC-enabled prepaid wallet is linked to cards for payments.
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| Locked | Locked | Locked |
Provider of a health insurance platform for global insurers
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| Locked | Locked | Locked |
Mobile payment and money transfer app for consumers and businesses
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Detailed competitors of Beam Wallet
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Latest news on Beam Wallet
Complete news archive for Beam Wallet
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Frequently Asked Questions about Beam Wallet
Beam Wallet was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Beam Wallet is headquartered in Lisbon, Portugal.
Natallia Catarina is the current CEO of Beam Wallet. They have also founded this company.
Beam Wallet is a funded company, having raised a total of $27M across 2 funding rounds to date.
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.
Beam Wallet has 1 investor. Key investors include Majid Al Futtaim.