About FinPay
FinPay is a company based in King Of Prussia (United States) founded in 2012 by Christopher Wolfington.. FinPay has raised $25.05 million across 5 funding rounds from investors including Riverside Medical Group, PeakSpan Capital and Montreux Equity Partners. The company has 50 employees as of December 31, 2021. FinPay offers products and services including FinAdvisor, FinPass, Digital Payments, FinCRM, and Patient Engagement Platform. FinPay operates in a competitive market with competitors including Hinge Health, Practo, Accolade, Sharecare and Betterfly, among others.
- Headquarter King Of Prussia, United States
- Employees 50 as on 31 Dec, 2021
- Founders Christopher Wolfington
-
Sectors
HealthcareTechnology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$25.05 M (USD)
in 5 rounds
-
Latest Funding Round
$2.5 M (USD), Series D
Dec 20, 2024
-
Investors
Riverside Medical Group
& 2 more
-
Employee Count
50
as on Dec 31, 2021
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of FinPay
FinPay offers a comprehensive portfolio of products and services, including FinAdvisor, FinPass, Digital Payments, FinCRM, and Patient Engagement 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 healthcare financial advice and risk assessment.
Tool for educating patients on financial responsibilities in healthcare.
System for managing patient payments and compliance in healthcare.
CRM for handling patient financial interactions in healthcare.
Platform for patient financial education and payment options.
Funding Insights of FinPay
FinPay has successfully raised a total of $25.05M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $2.5 million completed in December 2024. 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 Series D — $2.5M
-
First Round
First Round
(30 Oct 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Series D - FinPay | Valuation |
investors |
|
| Mar, 2022 | Amount | Series D - FinPay | Valuation | PeakSpan | |
| Nov, 2020 | Amount | Series C - FinPay | Valuation | Montreux Equity Partners |
|
| 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 FinPay
FinPay has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Riverside Medical Group, PeakSpan Capital and Montreux Equity Partners. 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 |
|---|---|---|---|---|
|
Venture capital firm focused on B2B software growth-stage companies.
|
Founded Year | Domain | Location | |
|
Growth capital investments are made in healthcare and fintech companies.
|
Founded Year | Domain | Location | |
|
Chain of multi-specialty hospitals
|
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 FinPay
| 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 - FinPay
| 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 |
Finpay Comparisons
Competitors of FinPay
FinPay 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 Hinge Health, Practo, Accolade, Sharecare and Betterfly, 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 |
Virtual physical therapy and digital pain care solutions are provided.
|
|
| domain | founded_year | HQ Location |
Doctor appointments are booked and healthcare professionals are consulted online.
|
|
| domain | founded_year | HQ Location |
Employee health benefits are facilitated via a cloud-based platform.
|
|
| domain | founded_year | HQ Location |
Health and wellness social network for employees is provided.
|
|
| domain | founded_year | HQ Location |
Employee health and well-being solutions are delivered through a platform.
|
|
| domain | founded_year | HQ Location |
Cloud-based wellness programs are offered for employee health and productivity.
|
| 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 Finpay
Frequently Asked Questions about FinPay
When was FinPay founded?
FinPay was founded in 2012 and raised its 1st funding round 5 years after it was founded.
Where is FinPay located?
FinPay is headquartered in King Of Prussia, United States. It is registered at King Of Prussia, Pennsylvania, United States.
Who is the current CEO of FinPay?
Tim Kowalski is the current CEO of FinPay.
Is FinPay a funded company?
FinPay is a funded company, having raised a total of $25.05M across 5 funding rounds to date. The company's 1st funding round was a Series C of $5M, raised on Oct 30, 2017.
How many employees does FinPay have?
As of Dec 31, 2021, the latest employee count at FinPay is 50.
What does FinPay do?
FinPay was founded in 2012 and is headquartered in King Of Prussia, United States. Operations focus on the healthcare sector, where an automated platform is utilized for payment engagement and management. Services are extended to patients for handling medical expenses and to providers for streamlining healthcare payment processes. Additional solutions are offered to support overall financial interactions in medical settings.
Who are the top competitors of FinPay?
FinPay's top competitors include Accolade, Hinge Health and Wellhub.
What products or services does FinPay offer?
FinPay offers FinAdvisor, FinPass, Digital Payments, FinCRM, and Patient Engagement Platform.
Who are FinPay's investors?
FinPay has 3 investors. Key investors include Riverside Medical Group, PeakSpan Capital, and Montreux Equity Partners.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.