About Flybits
Flybits is a company based in Toronto (Canada) founded in 2013. Flybits has raised $50 million across 4 funding rounds from investors including Mastercard, Vodafone and TD Bank. Flybits offers products and services including Cardholder Lifecycle Management Solution, Bank Solution, Wealth Solution, and Insurance Solution. Flybits operates in a competitive market with competitors including Voxeo, Tagit, Peppermint Innovation, Clair Mail and Bankjoy, among others.
- Headquarter Toronto, Canada
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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
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- Legal Name Flybits Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$50 M (USD)
in 4 rounds
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Latest Funding Round
$35 M (USD), Series C
Jul 16, 2019
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Investors
Mastercard
& 12 more
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Employee Count
Not available
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Products & Services of Flybits
Flybits offers a comprehensive portfolio of products and services, including Cardholder Lifecycle Management Solution, Bank Solution, Wealth Solution, and Insurance Solution.
Manages customer journeys in banking for enhanced retention.
Delivers tailored experiences for financial institutions.
Provides personalized services for high-yield clients.
Drives action through next-generation experiences.
People of Flybits
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Funding Insights of Flybits
Flybits has successfully raised a total of $50M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $35 million completed in July 2019. 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.
Investors in Flybits
Flybits has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include Mastercard, Vodafone and TD Bank.
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Venture capital fund focused on seed to growth stage fintech, deep tech, and enterprise tech companies
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Early-stage Australian tech companies are invested in by Reinventure Group.
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Venture capital firm focused on fintech & enterprise SaaS sectors
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Investor details for Flybits
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Investments & Acquisitions by Flybits
Investment portfolio details for Flybits
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Financial Statements - Flybits
Detailed financials for Flybits
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Flybits Comparisons
Peer comparison for Flybits
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- Named peers
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Competitors of Flybits
Flybits 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 Voxeo, Tagit, Peppermint Innovation, Clair Mail and Bankjoy, among others.
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IVR and VoIP platforms for customer service automation are hosted.
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Digital engagement solutions are provided for governments and banks.
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Proprietary mobile banking technology is commercialized for financial institutions.
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Mobile solutions for banking, payments, and card services are provided.
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Mobile banking solutions are offered to credit unions.
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Detailed competitors of Flybits
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Latest news on Flybits
Complete news archive for Flybits
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Frequently Asked Questions about Flybits
Flybits was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Flybits is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Flybits is a funded company, having raised a total of $50M across 4 funding rounds to date.
Flybits was founded in 2013 in Toronto, Canada, within the fintech sector. A Context-as-a-Service platform is provided to banks and enterprises, enabling the creation of context-aware mobile applications. Tools are offered for developing personalized experiences atop traditional app frameworks and location-based services. iOS and Android devices are supported, with scalability designed for emerging internet-of-things data sources. Operations focus on enterprise banking channels across digital platforms.
Flybits offers Cardholder Lifecycle Management Solution, Bank Solution, Wealth Solution, and Insurance Solution.
Flybits has 13 investors. Key investors include Mastercard, Vodafone, TD Bank, Portage, and Point72 Ventures.