ementexx

Frankfurt Am Main, Germany Founded: 2003 • Age: 23 yrs Acquired By Lucanet
Cloud-based digital banking software is provided for corporate clients.

About ementexx

ementexx is a company based in Frankfurt Am Main (Germany) founded in 2003 was acquired by Lucanet in September 2023.. ementexx offers products and services including Corporate Banking & Payments, Connectivity & Transformation, Cash Management & Liquidity, and E-Invoicing & Reconciliation. ementexx operates in a competitive market with competitors including ION Group, nCino, Ohpen, Backbase and Nymbus, among others.

  • Headquarter Frankfurt Am Main, Germany
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ementexx Gmbh
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Lucanet

    (Sep 06, 2023)

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Products & Services of ementexx

ementexx offers a comprehensive portfolio of products and services, including Corporate Banking & Payments, Connectivity & Transformation, Cash Management & Liquidity, and E-Invoicing & Reconciliation. 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.

Primary

Platform for multibank electronic payment processing and account management.

Enables system integrations and data transformations for business processes.

Offers features for cash pooling and forecasting to optimize liquidity.

Digitizes invoicing with automatic payment reconciliation services.

Funding Insights of ementexx

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 ementexx

ementexx has secured backing from 1 investor. Prominent investors backing the company include Lucanet. 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.

All
Investor Description Founded Year Domain Location
Financial management and business intelligence software solutions are provided.
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 ementexx

Investments
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 - ementexx

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Ementexx Comparisons

Employees
+
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Competitors of ementexx

ementexx 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 ION Group, nCino, Ohpen, Backbase and Nymbus, 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
Treasury management solutions are provided for financial institutions and banks.
domain founded_year HQ Location
Cloud-based API platform for banking operations is provided.
domain founded_year HQ Location
Developer of cloud-based core banking platform for retail mutual funds and savings accounts
domain founded_year HQ Location
AI-powered banking platforms are provided for operational growth.
domain founded_year HQ Location
Cloud-based core banking solutions are offered to financial institutions.
domain founded_year HQ Location
Cloud-native API-first core banking platform is provided for banks.
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 Ementexx

Frequently Asked Questions about ementexx

When was ementexx founded?

ementexx was founded in 2003.

Where is ementexx located?

ementexx is headquartered in Frankfurt Am Main, Germany. It is registered at Frankfurt Am Main, Hesse, Germany.

What does ementexx do?

Founded in 2003 and based in Frankfurt am Main, Germany, ementexx operates within the fintech sector. Cloud-based digital banking software is delivered to corporate clients, enabling electronic payment processing through API integrations and various connectivity methods. Core functionalities encompass cash management, liquidity planning, e-invoicing, and reconciliation processes. Multi-bank and multi-client support is included, along with automation capabilities. Additional offerings consist of implementation assistance, migration services, and tailored software development.

Who are the top competitors of ementexx?

ementexx's top competitors include nCino, Thought Machine and Tuum.

What products or services does ementexx offer?

ementexx offers Corporate Banking & Payments, Connectivity & Transformation, Cash Management & Liquidity, and E-Invoicing & Reconciliation.

Who are ementexx's investors?

ementexx has 1 investor. Key investors include Lucanet.

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