Fincofex

London, United Kingdom Founded: 2018 • Age: 8 yrs Acquired By Swipe
Digital banking services are offered to businesses and freelancers.
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About Fincofex

Fincofex is a company based in London (United Kingdom) founded in 2018 was acquired by Swipe in November 2020.. The company has 3 employees as of September 30, 2020. Fincofex operates in a competitive market with competitors including Tide, Spendesk, Sodexo, Jeeves and Soldo, among others.

  • Headquarter London, United Kingdom
  • Employees 3 as on 30 Sep, 2020
  • Sectors
    Financial Services
    Travel & Hospitality Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Fincofex Limited
Operational Areas
Financial Services → FinTech & Digital Finance
Travel & Hospitality → Hospitality & Travel Technology
Financial Services → FinTech & Digital Finance
Technology → Enterprise Software & Productivity Solutions
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
    $78.87 K (USD)
    396
    as on Mar 31, 2020
  • Net Profit
    $49.74 K (USD)
    142
    as on Mar 31, 2020
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    3

    as on Sep 30, 2020

  • Acquired by
    Swipe

    (Nov 07, 2020)

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Funding Insights of Fincofex

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 Fincofex

Fincofex has secured backing from 1 investor. Prominent investors backing the company include Swipe. 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
App-based cryptocurrency wallet enables financial services and payments.
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 Fincofex

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 - Fincofex

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

Fincofex Comparisons

Employees
+
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Competitors of Fincofex

Fincofex 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 Tide, Spendesk, Sodexo, Jeeves and Soldo, 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
Tide is recognized as a digital banking platform for businesses.
domain founded_year HQ Location
Provider of prepaid cards for financial benefits of employees
domain founded_year HQ Location
Employee benefits payment cards are provided via an online platform.
domain founded_year HQ Location
Payment and corporate financial cards are provided digitally by Jeeves.
domain founded_year HQ Location
SaaS-driven corporate cards for expense management are provided.
domain founded_year HQ Location
Prepaid cards are issued for managing employee benefits across categories.
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 Fincofex

Frequently Asked Questions about Fincofex

When was Fincofex founded?

Fincofex was founded in 2018.

Where is Fincofex located?

Fincofex is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

How many employees does Fincofex have?

As of Sep 30, 2020, the latest employee count at Fincofex is 3.

What is the annual revenue of Fincofex?

Annual revenue of Fincofex is $78.87K as on Mar 31, 2020.

What does Fincofex do?

Fincofex was founded in 2018 in London, United Kingdom, as a digital bank focused on the fintech sector. Multicurrency current accounts, NFC-enabled debit cards for corporate purchases, expense management tools, online payment options, and transaction report tracking are provided to businesses and freelancers. Operations are centered in the UK, supporting efficient financial management for professional users.

Who are the top competitors of Fincofex?

Fincofex's top competitors include Tide, Spendesk and Sodexo.

Who are Fincofex's investors?

Fincofex has 1 investor. Key investors include Swipe.

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