About Fazil
Fazil is a company based in Getxo (Spain) founded in 2018 by Elbio Nielsen and Ignacio Santos. Fazil has raised $221.47 thousand across 2 funding rounds. Fazil offers products and services including Mobile Payment App, Cashback Service, Currency Exchange, Fazil Crypto, and Apple Pay Integration. Fazil operates in a competitive market with competitors including MoneyGram, CarePay, Waylet, Lana and NGPay, among others.
- Headquarter Getxo, Spain
- Founders Elbio Nielsen, Ignacio Santos
- SectorsFinancial Services
- Email••••••••
- Website fazilpay.com
- Social LinkedIn X Instagram YouTube
- Total Equity Funding$221.47K (USD)
in 2 rounds
Products & Services of Fazil
Fazil offers a comprehensive portfolio of products and services, including Mobile Payment App, Cashback Service, Currency Exchange, Fazil Crypto, and Apple Pay Integration.
App for seamless daily payments and transfers without commissions.
Feature providing cashback on partnered merchant purchases.
Service for home delivery of foreign currencies for travel.
App for simple and secure cryptocurrency buying and management.
Mobile payment option using Apple Pay for contactless transactions.
Mobile payment option using Google Pay for secure purchases.
Apps and channels of Fazil
its YouTube channel Fazil has 61 subscribers and 19 videos.
Videos from Fazil
The most watched videos on Fazil's YouTube channel, Fazil (61 subscribers). Click a video to play it here.
More on Fazil.
Funding Insights of Fazil
Fazil has successfully raised a total of $221.47K across 2 strategic funding rounds. 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 $221,471
- Total Rounds 2
- First Round $221,471
(Mar 2021)
All 2 funding rounds of Fazil 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 |
|---|---|---|---|---|---|
| May 2023 | – | Series A | – | – | – |
| Mar 2021 | $221,471 | Seed | – | – | – |
People of Fazil
3 people are tracked at Fazil (2 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Elbio Nielsen | Co-Founder | Leadership |
Ignacio Santos | Co-Founder & CEO | Leadership |
David Barahona Ruiz | CPO (Product lead) | Team |
Complete people profiles for Fazil
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Fazil
3 dated milestones of Fazil across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Fazil is founded.
- Funding First funding round of $221K.
- Funding Latest funding round, Series A,.
Competitors of Fazil
Fazil 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 MoneyGram, CarePay, Waylet, Lana and NGPay, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| moneygram.com | 1940 | Dallas, United States | – | – | Cross-border payments are enabled via wallet solutions for consumers. | |
| carepay.com | 2015 | Amsterdam, Netherlands | $61.81M | – | Provider of a health insurance platform for global insurers | |
| waylet.es | 2018 | Madrid, Spain | – | – | Energy provider offering electricity tariffs, gas supply, solar installations, and vehicle services. | |
| lana.xyz | 2018 | Madrid, Spain | $12.5M | – | Consumer payments are enabled via a digital wallet platform. | |
| ngpay.com | 2004 | Bengaluru, India | $2.2M | – | Multi-category products are offered through an online marketplace. | |
| bizum.es | 2016 | Madrid, Spain | – | – | Instant money transfers for payments, donations, and online shopping via mobile. | |
| momopocket.com | 2013 | Granada, Spain | – | – | Specialty chemicals are manufactured for construction, agro, and leather sectors. | |
| coowry.com | 2014 | London, United Kingdom | $1.06M | 3 | App-based wallet for consumers |
Detailed competitors of Fazil
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.
Web traffic of Fazil
The website of Fazil (fazilpay.com) receives about 3.7K visits a month.
- Monthly visits3.7K
▼ 2.5% vs previous month
Websites whose visitors overlap most with Fazil. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
tarjetasdecredito.es | tarjetasdecredito.es | 100% | – | #3,462,708 | – |
vivemasvidas.com | vivemasvidas.com | 89% | – | #479,898 | – |
pagamentidigitali.it | pagamentidigitali.it | 80% | – | #939,498 | – |
| sincomisiones.org | 77% | 55K | #815,441 | View details | |
carteprepagate.org | carteprepagate.org | 77% | – | #1,183,598 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Fazil
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Fazil
Complete news archive for Fazil
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 Fazil
10 companies that operate in the same segment as Fazil (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 Fazil
Fazil was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Fazil is headquartered in Getxo, Spain. It is registered at Getxo, Basque Autonomous Community, Spain.
Ignacio Santos is the current CEO of Fazil. They have also founded this company.
Fazil is a funded company, having raised a total of $221.47K across 2 funding rounds to date. The company's 1st funding round was a Seed of $221.47K, raised on Mar 2021.
Fazil was founded in 2018 in Getxo, Spain, within the fintech sector. A digital wallet is provided for consumer payments, including online bank-to-bank fund transfers. Services encompass payments for utilities, mobile recharges, and online purchases. A virtual debit card is available for NFC-enabled contactless transactions, which can be linked to the wallet and selected via Google Pay or Apple Pay during checkout.
Fazil offers Mobile Payment App, Cashback Service, Currency Exchange, Fazil Crypto, and 2 more products and services.