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
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Brankas Digital Technologies, Inc.
-
Annual Revenue
$1.34 M0as on Dec 31, 2022
-
Net Profit
$-7.12 M0as on Dec 31, 2022
-
EBITDA
$-7.1 M0as on Dec 31, 2022
-
Total Equity Funding
$20.05 M (USD)
in 2 rounds
-
Latest Funding Round
$20 M (USD), Series B
Oct 28, 2021
-
Investors
Visa
& 8 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
Unlock access to complete
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 Total Funding
- Total Rounds 2
- Last Round Series B — $20.0M
-
First Round
First Round
(08 May 2017)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series B - Brankas | Valuation | Insignia Ventures Partners | |
| May, 2017 | Amount | Seed - Brankas | Valuation | Plug and Play Tech Center |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital services and app-based platform requiring JavaScript.
|
Founded Year | Domain | Location | |
|
Early-stage venture capital fund
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on financial services and digital healthcare
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Brankas
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Brankas
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Brankas Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based AML and banking API solutions are provided for institutions.
|
|
| domain | founded_year | HQ Location |
Identity verification, employee screening, and due diligence platforms are provided.
|
|
| domain | founded_year | HQ Location |
API-based payment acceptance solutions are developed for global businesses.
|
|
| domain | founded_year | HQ Location |
SaaS-based investment platform is offered for financial institutions.
|
|
| domain | founded_year | HQ Location |
Banking-as-a-service platform is operated for financial institutions.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Brankas
Frequently Asked Questions about Brankas
When was Brankas founded?
Brankas was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Brankas located?
Brankas is headquartered in Singapore, Singapore.
Who is the current CEO of Brankas?
Todd D Schweitzer is the current CEO of Brankas. They have also founded this company.
Is Brankas a funded 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 08, 2017.
What is the annual revenue of Brankas?
Annual revenue of Brankas is $1.34M as on Dec 31, 2022.
What does Brankas do?
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.
Who are the top competitors of Brankas?
Brankas's top competitors include AuthBridge, iPiD and Prime Trust.
What products or services does Brankas offer?
Brankas offers Direct (Money-in) API, Disburse (Money-out) API, Payment Infrastructure Solution, and Open Finance Suite.
Who are Brankas's investors?
Brankas has 9 investors. Key investors include Visa, Plug and Play Tech Center, Treasury, Insignia Ventures Partners, and Beenext.