About Citi Prepaid
Citi Prepaid is a company based in Conshohocken (United States) founded in 1974 was acquired by Wirecard in June 2016.. Citi Prepaid operates in a competitive market with competitors including Ramp, Brex, Wright Express, Sodexo and Clara, among others.
- Headquarter Conshohocken, United States
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Sectors
TechnologyTravel & Hospitality Financial Services
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Phone
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Website
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Funding Insights of Citi Prepaid
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Citi Prepaid
Citi Prepaid has secured backing from 1 investor. Prominent investors backing the company include Wirecard. 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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Payment processing solutions are provided for businesses and merchants.
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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 Citi Prepaid
| 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 - Citi Prepaid
| 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 |
Citi Prepaid Comparisons
Competitors of Citi Prepaid
Citi Prepaid 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 Ramp, Brex, Wright Express, Sodexo and Clara, 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 |
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| domain | founded_year | HQ Location |
Spend management and accounts payable solutions are delivered to businesses.
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| domain | founded_year | HQ Location |
SaaS-driven credit card and spend management solutions platform for businesses
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| domain | founded_year | HQ Location |
Employee benefit administration and payment solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Employee benefits payment cards are provided via an online platform.
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| domain | founded_year | HQ Location |
Meetings are scheduled using AI by adding Clara to emails.
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| domain | founded_year | HQ Location |
Card-issuing and payment processing solutions are offered to businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Citi Prepaid
Frequently Asked Questions about Citi Prepaid
When was Citi Prepaid founded?
Citi Prepaid was founded in 1974.
Where is Citi Prepaid located?
Citi Prepaid is headquartered in Conshohocken, United States. It is registered at Conshohocken, Pennsylvania, United States.
What does Citi Prepaid do?
Citi Prepaid was established in 1974 and is headquartered in Conshohocken, United States. Corporate prepaid cards are offered for managing employee expenses, while electronic payment processing services are delivered to both public and private sectors. Operations focus on financial solutions within the payments industry, supporting efficient transaction handling and expense control for businesses across various scales.
Who are the top competitors of Citi Prepaid?
Citi Prepaid's top competitors include Ramp, Brex and Wright Express.
Who are Citi Prepaid's investors?
Citi Prepaid has 1 investor. Key investors include Wirecard.
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