About Beem It
Beem It is a Financial Services company based in Sydney (Australia) founded in 2010. Peer-to-peer transactions are enabled through a mobile payment app. Its chief executive, as recorded, is Mark Wood. Its website beemit.com.au draws about 44 thousand monthly visits. The company has since been acquired. Beem It offers products and services including Beem App, Cashback Rewards, and Bill Splitting Tool. Its focus areas include FinTech, Payments, Consumer Payments and Wallets. Its legal entity is Digital Wallet Pty Ltd. Its competitors include mHITs, EonX and Sempo; 1 of its 3 listed competitors has raised funding.
Company details
Provider of a mobile payment app facilitating peer-to-peer transactions. The app enables users to send and receive money instantly, eliminating the need for traditional banking details. Additional features include the ability to store loyalty cards, transfer funds between different bank accounts, and pay bills. The platform prioritizes security through encryption and real-time fraud monitoring. It also offers functionality for splitting bills among groups and sending money with personalized elements like GIFs and gift cards.
- Investors
Products & Services of Beem It
Beem It offers a comprehensive portfolio of products and services, including Beem App, Cashback Rewards, and Bill Splitting Tool.
App for secure payments and financial management
Service to earn cashback on linked card transactions
Feature to split and request payments from users
Investors in Beem It
Beem It has secured backing from 1 investor. Prominent investors backing the company include eftpos.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Debit card payment network | 2009 | eftposaustralia.com.au | Sydney, Australia |
Investor details for Beem It
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People of Beem It
10 people are tracked at Beem It (3 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
Mark Wood | CEO | Leadership |
Mark Britt | CEO eftpos Digital + Beem | Leadership |
Nicholas A. | Head of Architecture | Leadership |
Brendon Lam | Software Engineer | Team |
Nick Mather | Software Engineer - Web | Team |
Jian Yin Shen | Solutions Architect | Team |
Noah Kessler | Principal Software Engineer | Team |
Claudio de Angelis | Principal Engineer | Team |
Jacqueline S. | Lead Product Manager | Team |
Edu De Jager | Product | Team |
Complete people profiles for Beem It
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Timeline of Beem It
2 dated milestones of Beem It across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Beem It is founded.
- Exit Acquired by eftpos.
Competitors of Beem It
Beem It has 3 listed competitors in our database, 1 of them funded. They include mHITs, EonX and Sempo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mhitslimited.com | 2008 | Canberra, Australia | Provides mobile payment and remittance services for unbanked users worldwide. | |||
| eonx.com | 2014 | Camberwell, Australia | Loyalty and payment solutions are provided for consumers and businesses. | |||
| withsempo.com | 2019 | Melbourne, Australia | $1.13M | Provides a wallet solution for secure and convenient payments. |
Detailed competitors of Beem It
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Web traffic of Beem It
The website of Beem It (beemit.com.au) receives about 44.5K visits a month and ranks #817,169 among all websites worldwide, #6,549 in Restaurants and Delivery.
- Monthly visits44.5K
▲ 15.1% vs previous month
- Unique visitors14.9K
per month
- Global rank#817,169
among all websites
- Category rank#6,549
Food and Drink · Restaurants and Delivery
- Bounce rate40%
- Pages per visit1.9
- Average visit17 sec
- DevicesDesktop 12% · Mobile 88%
Websites whose visitors overlap most with Beem It. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
beem.com.au | beem.com.au | 100% | #565,791 | – | |
| youtube.com | 18% | 30.4B | #2 | View details | |
| google.com | 18% | 85.8B | #1 | View details |
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Related news about Beem It
Complete news archive for Beem It
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Frequently Asked Questions about Beem It
Beem It was founded in 2010.
Beem It is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Mark Wood is the CEO of Beem It, as recorded in our data.
Provider of a mobile payment app facilitating peer-to-peer transactions. The app enables users to send and receive money instantly, eliminating the need for traditional banking details. Additional features include the ability to store loyalty cards, transfer funds between different bank accounts, and pay bills. The platform prioritizes security through encryption and real-time fraud monitoring. It also offers functionality for splitting bills among groups and sending money with personalized elements like GIFs and gift cards.
Beem It offers Beem App, Cashback Rewards, and Bill Splitting Tool.
Beem It has 1 investor. Key investors include eftpos.
Beem It operates through Digital Wallet Pty Ltd.
Yes. Beem It was acquired by eftpos in November 2020.