About Brankas
Brankas is a company based in Singapore (Singapore) founded in 2016 by Todd D Schweitzer and Kenneth Shaw. Brankas has raised $20.05 million across 2 funding rounds from investors including Visa, Plug and Play Tech Center and Treasury. Brankas offers products and services including Direct (Money-in) API, Disburse (Money-out) API, Payment Infrastructure Solution, and Open Finance Suite. Brankas operates in a competitive market with competitors including Prime Trust, AuthBridge, iPiD, RootAnt and Inypay, among others.
- Headquarter Singapore, Singapore
- Founders Todd D Schweitzer, Kenneth Shaw
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Sectors
Financial 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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- Legal Name Brankas Digital Technologies, Inc.
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Annual Revenue
$1.34 M (USD)0as on Dec 31, 2022
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Net Profit
-$7.12 M (USD)0as on Dec 31, 2022
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EBITDA
-$7.1 M (USD)0as on Dec 31, 2022
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Total Equity Funding
$20.05 M (USD)
in 2 rounds
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Latest Funding Round
$20 M (USD), Series B
Oct 28, 2021
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Investors
Visa
& 8 more
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Employee Count
Not available
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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.
People of Brankas
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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.
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.
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Early-stage venture capital fund
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Venture capital firm focused on financial services and digital healthcare
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Investor details for Brankas
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Investments & Acquisitions by Brankas
Investment portfolio details for Brankas
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Financial Statements - Brankas
Detailed financials for Brankas
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Brankas Comparisons
Peer comparison for Brankas
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Competitors of Brankas
Brankas 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 Prime Trust, AuthBridge, iPiD, RootAnt and Inypay, among others.
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Cloud-based AML and banking API solutions are provided for institutions.
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Identity verification, employee screening, and due diligence platforms are provided.
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API-based payment acceptance solutions are developed for global businesses.
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SaaS-based investment platform is offered for financial institutions.
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Banking-as-a-service platform is operated for financial institutions.
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Detailed competitors of Brankas
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Latest news on Brankas
Complete news archive for Brankas
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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 current CEO of Brankas. They have also founded this company.
Brankas is a funded company, having raised a total of $20.05M across 2 funding rounds to date.
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's top competitors include AuthBridge, iPiD and Prime Trust.
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.