About Buckzy
Buckzy is a company based in Toronto (Canada) founded in 2018.. Buckzy has raised $16.25 million across 2 funding rounds from investors including Mistral Venture Partners, Uncorrelated Ventures and Luge Capital. The company has 18 employees as of April 08, 2024. Buckzy offers products and services including Global Payout Network, Global Payins Network, Banking as a Service (BaaS), and Fintech as a Service. Buckzy operates in a competitive market with competitors including Zeta, Prime Trust, AuthBridge, Fispan and TODAQ, among others.
- Headquarter Toronto, Canada
- Employees 18 as on 08 Apr, 2024
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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 Buckzy Payments Private Limited
- Date of Incorporation 15 Oct, 2018
- Jurisdiction Ernakulam, Kerala, India
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Annual Revenue
$3.21 M (USD)250.23as on Mar 31, 2022
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Net Profit
$37.7 K (USD)-60.68as on Mar 31, 2022
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EBITDA
$116.68 K (USD)-8.96as on Mar 31, 2022
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Total Equity Funding
$16.25 M (USD)
in 2 rounds
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Latest Funding Round
$14.5 M (USD), Series A
Dec 01, 2022
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Investors
Mistral Venture Partners
& 4 more
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Employee Count
18
as on Apr 08, 2024
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Products & Services of Buckzy
Buckzy offers a comprehensive portfolio of products and services, including Global Payout Network, Global Payins Network, Banking as a Service (BaaS), and Fintech as a Service. 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.
Enables real-time cross-border payouts for businesses.
Facilitates global receivables collection from various countries.
Provides multi-currency accounts and treasury management tools.
Offers APIs for digital banking and customer onboarding.
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Funding Insights of Buckzy
Buckzy has successfully raised a total of $16.25M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $14.5 million completed in December 2022. 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 A — $14.5M
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First Round
First Round
(09 Apr 2019)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Series A - Buckzy | Valuation | Mistral , Uncorrelated Ventures | |
| Apr, 2019 | Amount | Seed - Buckzy | Valuation | Mistral |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Buckzy
Buckzy has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Mistral Venture Partners, Uncorrelated Ventures and Luge Capital. 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 |
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Venture capital investments in startups are provided by Mistral.
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Founded Year | Domain | Location | |
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Venture capital is directed toward infrastructure software companies.
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Founded Year | Domain | Location | |
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Luge Capital is focused on fintech venture capital investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Buckzy
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Buckzy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Buckzy Comparisons
Competitors of Buckzy
Buckzy 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 Zeta, Prime Trust, AuthBridge, Fispan and TODAQ, 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 |
Payment and banking solutions are provided to users and banks.
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| domain | founded_year | HQ Location |
Cloud-based AML and banking API solutions are provided for institutions.
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| domain | founded_year | HQ Location |
Identity verification, employee screening, and due diligence platforms are provided.
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| domain | founded_year | HQ Location |
Banking integration platform for ERP and accounting software is provided.
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| domain | founded_year | HQ Location |
Open banking APIs for micropayments are facilitated with low-code integration.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Buckzy
Frequently Asked Questions about Buckzy
When was Buckzy founded?
Buckzy was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Buckzy located?
Buckzy is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Buckzy?
Abdul K Naushad is the current CEO of Buckzy.
Is Buckzy a funded company?
Buckzy is a funded company, having raised a total of $16.25M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.75M, raised on Apr 09, 2019.
How many employees does Buckzy have?
As of Apr 08, 2024, the latest employee count at Buckzy is 18.
What is the annual revenue of Buckzy?
Annual revenue of Buckzy is $3.21M as on Mar 31, 2022.
What does Buckzy do?
Buckzy was founded in 2018 in Toronto, Canada, as a provider of cross-border money transfer services. Operations target consumers and small businesses through various channels, including bank account transfers, digital wallet integrations, email-based remittances, multi-currency handling, personal bill payments, and local currency wallet management. The company operates within the fintech sector, emphasizing international transfer efficiency.
Who are the top competitors of Buckzy?
Buckzy's top competitors include Zeta, Fispan and AuthBridge.
What products or services does Buckzy offer?
Buckzy offers Global Payout Network, Global Payins Network, Banking as a Service (BaaS), and Fintech as a Service.
Who are Buckzy's investors?
Buckzy has 5 investors. Key investors include Mistral Venture Partners, Uncorrelated Ventures, Luge Capital, Blue 9 Capital, and Revel Partners.
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