About Code
Code is a company based in Waterloo (Canada) founded in 2001. Code has raised $6.5 million across 1 funding round from investors including Union Square Ventures, M13 Company and Roham Gharegozlou. Code offers products and services including Code Wallet App and Micropayment Service. Code operates in a competitive market with competitors including Wise, CurrencyFair, Remessa Online, TransferGo and Western Union, among others.
- Headquarter Waterloo, Canada
- SectorsFinancial Services
- Website getcode.com
- Legal Name Code Inc.
- Total Equity Funding$6.5M (USD)
in 1 rounds
- Latest Funding Round$6.5M (USD), Seed
Feb 2024
- InvestorsUnion Square Ventures
& 6 more
Products & Services of Code
Code offers a comprehensive portfolio of products and services, including Code Wallet App and Micropayment Service.
Application for secure peer-to-peer money transfers and online payments.
Service for charging small amounts for digital content and transactions.
Apps and channels of Code
Code publishes 2 mobile apps with over 10K+ downloads.
Funding Insights of Code
Code has successfully raised a total of $6.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $6.5 million completed in February 2024. 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 $6.5M
- Total Rounds 1
- Last Round Seed — $6.5M
- First Round $6.5M
(Feb 2024)
- Investors Count 7
All 1 funding rounds of Code 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 |
|---|---|---|---|---|---|
| Feb 2024 | $6.5M | Seed | – | Union Square Ventures, M13 Company |
7 investors in total: 2 institutional and 5 angel.
Investors in Code
Code has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Union Square Ventures, M13 Company and Roham Gharegozlou.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on blockchain, wellbeing, and multiple sectors | – | usv.com | New York, United States | |
Multiple sectors are invested in by M13 venture capital fund. | – | m13.co | Los Angeles, United States | |
RG Roham Gharegozlou | Founder of Dapper Labs, blockchain innovator, and active angel investor | – | unknown_b0ae8384282643f18 | - |
RG Raj Gokal | Co-founder of Solana, prominent angel investor in blockchain and tech startups | – | unknown_009c7573c6b540299 | - |
MM Mert Mumtaz | Co-founder of Helius, active angel investor in Indian startups | – | unknown_b553e3ad368a4a068 | - |
BS Balaji Srinivasan | - | – | unknown_0698359af71449f49 | - |
AY Anatoly Yakovenko | - | – | unknown_18e3abf13fc0416d8 | - |
Investor details for Code
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Code
2 dated milestones of Code across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Code is founded.
- Funding First funding round of $6.5M.
Competitors of Code
Code 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 Wise, CurrencyFair, Remessa Online, TransferGo and Western Union, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wise.com | 2011 | Shoreditch, United Kingdom | $1.03B | 5,499 | Cross-border remittances are enabled for individuals and businesses via apps. | |
| currencyfair.com | 2010 | Dublin, Ireland | $23.06M | – | Cross-border money transfers are enabled through CurrencyFair's platform. | |
| remessaonline.com.br | 2016 | Sao Paulo, Brazil | $21.53M | – | International payments are enabled online for consumers and businesses. | |
| transfergo.com | 2012 | London, United Kingdom | $109.2M | – | Cross-border remittances are enabled for consumers and businesses. | |
| westernunion.com | 1851 | Denver, United States | – | 196 | Provider of remittance services | |
| sentbe.com | 2015 | Seoul, South Korea | $1.66M | – | Cross-border remittance solution | |
| 2c2p.com | 2003 | Singapore | $85M | – | Payment processing solutions for businesses | |
| intermexonline.com | 1994 | Miami, United States | – | – | Cross-border remittances are enabled for individuals and businesses. | |
| integral.com | 1993 | Palo Alto, United States | $41M | – | Integral is recognized as a leading currency technology partner for financial organizations. |
Detailed competitors of Code
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Code
Complete news archive for Code
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Code
10 companies that operate in the same segment as Code (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about Code
Code was founded in 2001 and raised its 1st funding round 23 years after it was founded.
Code is headquartered in Waterloo, Canada. It is registered at Waterloo, Ontario, Canada.
Code is a funded company, having raised a total of $6.5M across 1 funding round to date. The company's 1st funding round was a Seed of $6.5M, raised on Feb 2024.
Blockchain-based cross-border payment solution for individuals and businesses. Enables to send and receive money, and pay bills through any messenger.
Code's top competitors include Wise, TransferGo and Remessa Online.
Code offers Code Wallet App and Micropayment Service.
Code has 7 investors. Key investors include Union Square Ventures, M13 Company, Roham Gharegozlou, Raj Gokal, and Mert Mumtaz.
Code operates through Code Inc..
Yes. Code publishes Code Wallet and 1 more app, with over 10,000 downloads.