About Fonlas
Fonlas is a company based in Mexico founded in 2019. It operates as a B2C, and D2C. Fonlas offers products and services including Banking App, Debit Cards, and Spending Reports. Fonlas operates in a competitive market with competitors including Klar, Cuenca, Bankaya and Miio, among others.
- Headquarter Mexico
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Sectors
Financial Services
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Phone
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Website
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Products & Services of Fonlas
Fonlas offers a comprehensive portfolio of products and services, including Banking App, Debit Cards, and Spending Reports. 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.
App for secure everyday banking with blockchain and instant transfers
Support for Visa or MasterCard cards in transactions
Feature for tracking smart spending and budgets
Funding Insights of Fonlas
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Fonlas
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Fonlas
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fonlas Comparisons
Competitors of Fonlas
Fonlas 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 Klar, Cuenca, Bankaya and Miio, 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 |
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| domain | founded_year | HQ Location |
Digital banking services for individuals are provided via mobile app.
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| domain | founded_year | HQ Location |
Internet first banks for retailers
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| domain | founded_year | HQ Location |
Digital banking solutions are offered via an online platform.
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| domain | founded_year | HQ Location |
Digital banking services for consumers are provided via mobile apps.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Fonlas
When was Fonlas founded?
Fonlas was founded in 2019.
Where is Fonlas located?
Fonlas is headquartered in Mexico.
What does Fonlas do?
Fonlas is a company that employs blockchain decentralized technology to deliver an everyday banking app for users. It features smart spending reports, simple instant transfers, savings baskets, account management, real-time push notifications, and biometric analysis. The app supports paperless signup via ID scan and easy mobile setup, including Visa or MasterCard debit cards. Aimed at enhancing user experience, it focuses on secure and efficient banking solutions.
What products or services does Fonlas offer?
Fonlas offers Banking App, Debit Cards, and Spending Reports.