About Few¢ents
Few¢ents is a Financial Services company based in United States founded in 2019. Cross-border money transfers are enabled via a digital wallet. Few¢ents has raised $1.6 million across 1 funding round from investors including Hustle Fund, M-Venture Partners and Koh Boon Hwee. Its focus areas include FinTech, Digital Remittance, Internet First Platforms and P2P Remittance. Its legal entity in India is Monetise Tech Services Private Limited (U62013WB2023FTC262751). Its competitors include MoneyGram, Chipper Cash and Wave Systems; 2 of its 3 listed competitors have raised funding.
Company details
Fewents was founded in 2019 in the United States. A digital wallet is operated by the company within the fintech sector to support cross-border money transfers. Services are focused on facilitating international payments for users. Operations are centered in the US, with the domain fewcents.co serving as the primary online platform. The platform handles secure transfers across borders without emphasis on traditional banking intermediaries.
- Headquarters United States
- SectorsFinancial Services
- Website fewcents.co
- Legal Name Monetise Tech Services Private Limited
- Date of Incorporation 14 Jun, 2023
- Jurisdiction Kolkata, West Bengal, India
- Indian entity revenue₹16,934
FY 2024
- Indian entity net loss-₹1,954
FY 2024 · -12% margin
- Indian entity EBITDA-₹1,954
FY 2024 · -12% margin
- Total Equity Funding$1.6M (USD)
in 1 rounds
- Latest Funding Round$1.6M (USD), Seed
May 2021
- InvestorsHustle Fund
& 10 more
Associated legal entities of Few¢ents
Few¢ents operates through Monetise Tech Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Monetise Tech Services Private Limited CIN U62013WB2023FTC262751 | Active | 14 Jun 2023 | Kolkata, West Bengal | ₹0.0 Cr | 2 | View details |
Funding Insights of Few¢ents
Few¢ents has successfully raised a total of $1.6M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.6 million completed in May 2021. 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 $1.6M
- Total Rounds 1
- Last Round Seed — $1.6M
- First Round $1.6M
(May 2021)
- Investors Count 11
All 1 funding rounds of Fewents 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 2021 | $1.6M | Seed | – | Hustle Fund, MVP |
11 investors in total: 2 institutional and 9 angel.
Investors in Few¢ents
Few¢ents has secured backing from 11 investors, including venture fund and angel investors. Prominent investors backing the company include Hustle Fund, M-Venture Partners and Koh Boon Hwee.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed-stage startups are funded by this venture capital firm. | hustlefund.vc | San Carlos, United States | ||
Early-stage investments are made in innovative startup ventures by MVP. | m-venturepartners.com | Singapore, Singapore | ||
KB Koh Boon Hwee | Singaporean investor, ex-SingTel chairman, active in Indian startups | unknown_7bb1fab4c0274760b | ||
KB Kenneth Bishop | unknown_e7daf37967fa49c9b | |||
JB Jeremy Butteriss | unknown_840b1c44e6684d42a | |||
FA Francesco Alberti | unknown_45cc9f663faa49878 | |||
LC Lisa Communitas Founders | Angel investors associated with Lisa Communitas, focusing on early-stage startups in India. | unknown_22e7ebd15d3349688 | ||
SC Shiv Choudhury | unknown_50b7a09d21564fdd8 | |||
PM Prantik Mazumdar | Angel investor, ex-entrepreneur, focused on tech startups in India | unknown_3e884bab9b4343989 | ||
SM Saurabh Mittal | unknown_d33e4aa3533842569 |
Investor details for Fewents
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Monetise Tech Services Private Limited (Few¢ents)
Monetise Tech Services Private Limited is the primary company behind Few¢ents. The board of Monetise Tech Services Private Limited currently have 2 directors; the longest-serving is Abhishek Navin Kumar Dadoo, appointed in 2023. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhishek Navin Kumar Dadoo DIN 05338784 | Director | 14 Jun 2023 | 3 yrs 4 mo | Monetise Tech Services Private Limited |
| Uma Dadoo DIN 10049274 | Director | 14 Jun 2023 | 3 yrs 4 mo | Monetise Tech Services Private Limited |
People of Few¢ents
5 people are tracked at Few¢ents (5 in board & advisors).
| Name | Role | Group |
|---|---|---|
Stuart Thornton | Advisor | Board & advisors |
Kenneth Bishop | Advisor | Board & advisors |
Prantik Mazumdar | Advisor | Board & advisors |
Joachim Ackermann | Advisor | Board & advisors |
Nir Eyal | Advisor | Board & advisors |
Complete people profiles for Few¢ents
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.
Financials of Few¢ents
Figures of Monetise Tech Services Private Limited, the primary company behind Few¢ents, for FY 2024. Revenue was ₹16,934. Net loss was -₹1,954 (-12% margin). EBITDA was -₹1,954 (-12% margin).
- ₹16,934Revenue · FY 2024
- -₹1,954Net loss · -12% margin
- -₹1,954EBITDA · -12% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Monetise Tech Services Private Limited are on its company page.
Detailed financial statements for Few¢ents
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Few¢ents
2 dated milestones of Few¢ents across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Few¢ents is founded.
- Funding First funding round of $1.6M.
Competitors of Few¢ents
Few¢ents has 3 listed competitors in our database, 2 of them funded. They include MoneyGram, Chipper Cash and Wave Systems.
| 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. | |||
| chippercash.com | 2018 | San Francisco, United States | $305M | Cross-border remittances are enabled for individuals through a mobile wallet. | ||
| wave.com | 1996 | Lee, United States | $326.26M | Cross-border money transfers are enabled via an app-based wallet. |
Detailed competitors of Fewents
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.
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Few¢ents (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Related news about Few¢Ents
Complete news archive for Fewents
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- Older coverage
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Verified entity values are shown only after access is granted.
Frequently Asked Questions about Few¢ents
Few¢ents was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Few¢ents is headquartered in United States.
Few¢ents is a funded company, having raised a total of $1.6M across 1 funding round to date. The company's 1st funding round was a Seed of $1.6M, raised on May 2021.
The primary company behind Few¢ents, Monetise Tech Services Private Limited, reported revenue of ₹16,934 for FY 2024.
Fewents was founded in 2019 in the United States. A digital wallet is operated by the company within the fintech sector to support cross-border money transfers. Services are focused on facilitating international payments for users. Operations are centered in the US, with the domain fewcents.co serving as the primary online platform. The platform handles secure transfers across borders without emphasis on traditional banking intermediaries.
Few¢ents's top competitors include Chipper Cash, MoneyGram and Wave Systems.
Few¢ents has 11 investors. Key investors include Hustle Fund, M-Venture Partners, Koh Boon Hwee, Kenneth Bishop, and Jeremy Butteriss.
Few¢ents operates through Monetise Tech Services Private Limited.
The legal entities of Few¢ents currently have 2 directors, including Abhishek Navin Kumar Dadoo, Uma Dadoo.