About Brankas
Brankas is a Financial Services company based in Singapore (Singapore) founded in 2016 by Todd D Schweitzer and Kenneth Shaw. Open finance platform and banking-as-a-service APIs are provided. Brankas has raised $20.05 million across 2 funding rounds from investors including Visa, Plug and Play Tech Center and Treasury. Its chief executive, as recorded, is Todd D Schweitzer. Its website brankas.com draws about 21 thousand monthly visits. Brankas offers products and services including Direct (Money-in) API, Disburse (Money-out) API, Payment Infrastructure Solution, and Open Finance Suite. Its focus areas include FinTech, Banking Tech, Open Banking and Banking APIs. Its legal entity is Brankas Digital Technologies, Inc. Its competitors include iPiD, RootAnt and Inypay; 3 of its 3 listed competitors have raised funding.
Company details
Brankas was founded in 2016 and is headquartered in Singapore within the fintech sector. An open finance platform is operated, along with banking-as-a-service APIs that enable payments, disbursements, and compliance with open banking standards. APIs are supplied for lending, digital banking, and remittance operations. Supporting resources, including documentation, API references, and bank comparison tools, are made available to users.
- Headquarters Singapore, Singapore
- Founders Todd D Schweitzer, Kenneth Shaw
- SectorsFinancial Services
- Email••••••••
- Website brankas.com
- Social LinkedIn X Facebook Instagram
- Legal Name Brankas Digital Technologies, Inc.
- Annual Revenue$1.34 M (USD)as on Dec 31, 2022
- Net Profit-$7.12 M (USD)as on Dec 31, 2022
- EBITDA-$7.1 M (USD)as on Dec 31, 2022
- Total Equity Funding$20.05M (USD)
in 2 rounds
- Latest Funding Round$20M (USD), Series B
Oct 2021
- InvestorsVisa
& 8 more
Products & Services of Brankas
Brankas offers a comprehensive portfolio of products and services, including Direct (Money-in) API, Disburse (Money-out) API, Payment Infrastructure Solution, and Open Finance Suite.
Simplifies fund transfers and payments workflow for users.
Automates sending money in bulk or individually.
Builds custom gateways to streamline operations and cut costs.
Creates revenue streams through advanced financial technology.
Funding Insights of Brankas
Brankas has successfully raised a total of $20.05M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in October 2021. 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 $20.05M
- Total Rounds 2
- Last Round Series B — $20M
- First Round $50,000
(May 2017)
- Investors Count 9
All 2 funding rounds of Brankas with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2021 | $20M | Series B | – | Insignia Ventures Partners | |
| May 2017 | $50,000 | Seed | – | Plug and Play Tech Center | – |
9 investors in total: 7 institutional and 2 angel.
Investors in Brankas
Brankas has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Visa, Plug and Play Tech Center and Treasury.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital services and app-based platform requiring JavaScript. | insignia.vc | |||
Early-stage venture capital fund | beenext.com | Singapore, Singapore | ||
Venture capital firm focused on financial services and digital healthcare | integrapartners.co | |||
Fintech startups are funded by AFG, a venture capital firm. | afgvc.com | Hong Kong, China | ||
Investments in fintech companies are made by Treasury. | 2020 | thetreasury.com | New York, United States | |
Startups are accelerated and invested in across multiple tech sectors. | 2006 | plugandplaytechcenter.com | Sunnyvale, United States | |
Digital payment solutions are offered to individuals and businesses. | 1958 | visa.com | San Francisco, United States | |
EB Eli Broverman | Co-founder of Betterment, active angel investor in fintech and tech startups. | unknown_c134cd5e0fcd4901b | ||
JC Jeffrey Cruttenden | Co-founder of Acorns, active angel investor in fintech and consumer tech startups. | unknown_1109e7c125574df68 |
Investor details for Brankas
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of Brankas
22 people are tracked at Brankas (7 in leadership, 15 in team).
| Name | Role | Group |
|---|---|---|
Todd D Schweitzer | Co-Founder & CEO | Leadership |
Kenneth Shaw | Co-Founder | Leadership |
Mike Dickinson | Chief Product Officer | Leadership |
Todd Schweitzer | CEO & Founder | Leadership |
Eri Marina Yo | Head Of Implementation & Supply Product | Leadership |
Richa Valechha | Head Of Strategy | Leadership |
Vandana Purswani | Human Resources Director | Leadership |
Bastian Paskal Situmorang | Senior Systems Developer | Team |
Chad Kunde | Principal Engineer | Team |
Darvindran Krishnan | Product Manager | Team |
Shafrena Sapari | Product/UX Writer | Team |
Takbir Newaz | Systems Developer | Team |
Princess Ramirez | Senior Project Manager | Team |
Anik Islam | Business Development Lead | Team |
Yechiel Claire Diaz | Payroll Specialist | Team |
Carlos Adrian Daroya | Systems Developer | Team |
Mardi Vester Tamma | Frontend Developer | Team |
Gyanesh Anand | Technical Lead | Team |
Bee Bee Wijaya | Technical Lead | Team |
Robert Latamaosadi | Frontend Developer | Team |
2 more people are available in the full profile.
Complete people profiles for Brankas
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
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Timeline of Brankas
3 dated milestones of Brankas across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Brankas is founded.
- Funding First funding round of $50K.
- Funding Latest funding round, Series B, of $20.0M.
Competitors of Brankas
Brankas has 3 listed competitors in our database, 3 of them funded. They include iPiD, RootAnt and Inypay.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ipid.tech | 2021 | Singapore | $8.6M | API-based payment acceptance solutions are developed for global businesses. | ||
| rootant.com | 2019 | Singapore | $5.96M | SaaS-based investment platform is offered for financial institutions. | ||
| inypay.com | 2022 | Singapore | $1M | Banking-as-a-service platform is operated for financial institutions. |
Detailed competitors of Brankas
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Web traffic of Brankas
The website of Brankas (brankas.com) receives about 20.8K visits a month.
- Monthly visits20.8K
▲ 14.4% vs previous month
Websites whose visitors overlap most with Brankas. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
savis.vn | savis.vn | 100% | #3,868,399 | – | |
xsis.co.id | xsis.co.id | 94% | – | ||
| telkomsigma.co.id | 86% | #369,086 | View details | ||
| invoiced.com | 85% | 190.9K | #170,093 | View details | |
| authme.com | 81% | 24.8K | #1,188,944 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 36 similar websites and full traffic analytics for Brankas
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- 36 similar websites
- Audience overlap
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Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Brankas
Brankas was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Brankas is headquartered in Singapore, Singapore.
Todd D Schweitzer is the CEO of Brankas, as recorded in our data. They have also founded this company.
Brankas is a funded company, having raised a total of $20.05M across 2 funding rounds to date. The company's 1st funding round was a Seed of $50K, raised on May 2017.
Annual revenue of Brankas is $1.34M as on Dec 31, 2022.
Brankas was founded in 2016 and is headquartered in Singapore within the fintech sector. An open finance platform is operated, along with banking-as-a-service APIs that enable payments, disbursements, and compliance with open banking standards. APIs are supplied for lending, digital banking, and remittance operations. Supporting resources, including documentation, API references, and bank comparison tools, are made available to users.
Brankas offers Direct (Money-in) API, Disburse (Money-out) API, Payment Infrastructure Solution, and Open Finance Suite.
Brankas has 9 investors. Key investors include Visa, Plug and Play Tech Center, Treasury, Insignia Ventures Partners, and Beenext.
Brankas operates through Brankas Digital Technologies, Inc..