BlueKite

Miami, United States Founded: 1998 • Age: 28 yrs Acquired By Xoom
Cross-border bill payments and remittances
Annual revenue - Latest available
Total funding $37.5M 2 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About BlueKite

BlueKite is a company based in Miami (United States) founded in 1998 was acquired by Xoom in February 2014. BlueKite has raised $37.5 million across 2 funding rounds from investors including Xoom, Credit Suisse and TPG. BlueKite operates in a competitive market with competitors including NexPay, Mintroute, Quippi, xCurrency and Pax Credit, among others.

  • Headquarter Miami, United States
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $37.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.5 M (USD), Series C

    Jan 09, 2013

  • Investors
    Xoom

    & 4 more

  • Employee Count
    Not available
  • Acquired by
    Xoom

    (Feb 04, 2014)

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Funding Insights of BlueKite

BlueKite has successfully raised a total of $37.5M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $1.5 million completed in January 2013. 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 BlueKite

BlueKite has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Xoom, Credit Suisse and TPG.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Seed to growth stage tech-focused VC and PE firm investing in geographies such as the US
Locked Locked Locked
Fund of funds focused on pre-seed and seed-stage companies
Locked Locked Locked
Wealth management, asset management, and investment banking services are offered.
Locked Locked Locked
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Investor details for BlueKite

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by BlueKite

Investments
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Investment portfolio details for BlueKite

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  • Transaction dates
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Financial Statements - BlueKite

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Detailed financials for BlueKite

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  • Profit trends
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Bluekite Comparisons

BlueKite Primary company
Description
Cross-border bill payments and remittances
Location
Miami, United States
Founded Year
1998
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for BlueKite

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Competitors of BlueKite

BlueKite 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 NexPay, Mintroute, Quippi, xCurrency and Pax Credit, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of industrial solutions, including lubricants, safety equipment, and wind energy optimization
Locked Locked Locked
Cross-border mobile recharge solutions are facilitated via online platforms.
Locked Locked Locked
US-Mexico cross border gift cards
Locked Locked Locked
Forex rate converter and remittance services
Locked Locked Locked
Provides a platform for cross-border payments tailored to international students.
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Detailed competitors of BlueKite

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Latest news on Bluekite

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Complete news archive for BlueKite

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  • Source and publication date
  • Older coverage
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Frequently Asked Questions about BlueKite

BlueKite was founded in 1998 and raised its 1st funding round 2 years after it was founded.

BlueKite is headquartered in Miami, United States. It is registered at Miami, Florida, United States.

BlueKite is a funded company, having raised a total of $37.5M across 2 funding rounds to date.

BlueKite was founded in 1998 in Miami, United States, as a web-based payments platform in the financial services sector. Operations focus on enabling U.S. users to handle bill payments for families overseas, covering utilities such as electricity, water, gas, internet, cable, mobile, and phone services. Integration with accounting systems of worldwide providers is employed, providing real-time balance access through proprietary technology.

BlueKite's top competitors include xCurrency, Quippi and Easy Transfer.

BlueKite has 5 investors. Key investors include Xoom, Credit Suisse, TPG, PeopleFund, and Bayview Asset Management.

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