About etika
etika is a company based in Sydney (Australia) founded in 2012.. etika has raised $34.24 million across 5 funding rounds from investors including Shawbrook Bank, Paragon Bank and Monterosa. The company has 38 employees as of December 31, 2020. etika offers products and services including Direct Debit Service and Customer Offer Platform. etika operates in a competitive market with competitors including Afterpay, Zip, Scalapay, Laybuy and Deferit, among others.
- Headquarter Sydney, Australia
- Employees 38 as on 31 Dec, 2020
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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
*********
- Legal Name Etika Finance Uk Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$34.24 M (USD)
in 5 rounds
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Latest Funding Round
$19.78 M (USD), Debt – Conventional
Jul 18, 2018
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Investors
Shawbrook Bank
& 5 more
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Employee Count
38
as on Dec 31, 2020
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Products & Services of etika
etika offers a comprehensive portfolio of products and services, including Direct Debit Service and Customer Offer Platform. 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.
Platform for managing direct debit requests and agreements securely.
Tool to deliver targeted offers and boost shopper conversions effectively.
Unlock access to complete
Funding Insights of etika
etika has successfully raised a total of $34.24M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $19.78 million completed in July 2018. 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 5
- Last Round Debt – Conventional — $19.8M
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First Round
First Round
(15 Nov 2012)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2018 | Amount | Debt – Conventional - etika | Valuation |
investors |
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| Oct, 2017 | Amount | Debt – Conventional - etika | Valuation |
investors |
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| Jun, 2017 | Amount | Series B - etika | Valuation | Fischer Investment Group |
| 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 etika
etika has secured backing from 6 investors, including institutional and angel investors. Prominent investors backing the company include Shawbrook Bank, Paragon Bank and Monterosa. 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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Commercial bank
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Founded Year | Domain | Location | |
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Commercial banking services are provided in the United Kingdom.
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Founded Year | Domain | Location | |
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Diversified investment management services are provided to clients.
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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 etika
| 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 - etika
| 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 |
Etika Comparisons
Competitors of etika
etika 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 Afterpay, Zip, Scalapay, Laybuy and Deferit, 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 |
A buy now pay later service is offered by Afterpay.
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| domain | founded_year | HQ Location |
Payment solutions are provided for deferred purchasing by Zip.
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| domain | founded_year | HQ Location |
Payment solutions and installment financing are provided for e-commerce users.
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| domain | founded_year | HQ Location |
App-based platform for point of sale financing
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| domain | founded_year | HQ Location |
Deferred bill payments are facilitated through a mobile app.
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| domain | founded_year | HQ Location |
Purchase financing solutions provider
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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 Etika
Frequently Asked Questions about etika
When was etika founded?
etika was founded in 2012.
Where is etika located?
etika is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Is etika a funded company?
etika is a funded company, having raised a total of $34.24M across 5 funding rounds to date. The company's 1st funding round was a Series B of $31.46M, raised on Nov 15, 2012.
How many employees does etika have?
As of Dec 31, 2020, the latest employee count at etika is 38.
What does etika do?
Etika was founded in 2012 in Sydney, Australia, and operates as a financial technology company. An online platform is provided for point-of-sale financing loans targeted at consumers. Services include streamlined loan approvals and integrations with retailers, facilitating purchases across various sectors. Operations are centered in Australia, with a focus on accessible consumer credit solutions in the fintech industry.
What products or services does etika offer?
etika offers Direct Debit Service and Customer Offer Platform.
Who are etika's investors?
etika has 6 investors. Key investors include Shawbrook Bank, Paragon Bank, Monterosa, Fischer Investment Group, and John Bowmer.
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