About Foris
Foris is a company based in Hong Kong (China) founded in 2016 was acquired by Alight Media in May 2021. It operates as a Blockchain-as-a-Service. Foris offers products and services including Blockchain Consumer Apps. Foris operates in a competitive market with competitors including Wave Systems, Chipper Cash, WorldRemit, bKash and YouTrip, among others.
- Headquarter Hong Kong, China
- SectorsFinancial Services
- Website foris.co
- Social LinkedIn
- Acquired by Alight Media (May 2021)
- Legal Name Foris Limited
- Investors
- Acquired byAlight Media
(May 2021)
Products & Services of Foris
Foris offers a comprehensive portfolio of products and services, including Blockchain Consumer Apps.
Consumer apps are developed using blockchain technology for innovation.
Investors in Foris
Foris has secured backing from 1 investor. Prominent investors backing the company include Alight Media.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provides national and local advertising via billboards and digital networks. | 2018 | alightmedia.com | London, United Kingdom |
Investor details for Foris
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- Round participation
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Timeline of Foris
2 dated milestones of Foris across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Foris is founded.
- Exit Acquired by Alight Media.
Competitors of Foris
Foris 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 Wave Systems, Chipper Cash, WorldRemit, bKash and YouTrip, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wave.com | 1996 | Lee, United States | $326.26M | – | Cross-border money transfers are enabled via an app-based wallet. | |
| chippercash.com | 2018 | San Francisco, United States | $302.2M | – | Cross-border remittances are enabled for individuals through a mobile wallet. | |
| worldremit.com | 2010 | London, United Kingdom | $623.96M | 263 | Banking channel for cross border money transfers | |
| bkash.com | 2011 | Dhaka, Bangladesh | $261M | – | Mobile financial services and payment system for consumers | |
| you.co | 2018 | Singapore | $105.5M | – | NFC-enabled travel cards and wallets are provided for travelers. | |
| moneygram.com | 1940 | Dallas, United States | – | – | Cross-border payments are enabled via wallet solutions for consumers. | |
| paysend.com | 2015 | Valletta, Malta | $226.9M | – | Cross-border money transfers are enabled via digital wallet. | |
| sendwave.com | 2011 | Boston, United States | $13.8M | 339 | Cross-border money transfers are facilitated through a mobile wallet service. | |
| lemfi.com | 2020 | Maidstone, United Kingdom | $86.85M | – | Cross-border payments are enabled for sending and receiving money internationally. | |
| taptapsend.com | 2018 | London, United Kingdom | $78.36M | – | Cross-border money transfers are enabled by an app-based digital wallet. |
Detailed competitors of Foris
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- Full competitor set
- Operating metrics
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Web traffic of Foris
The website of Foris (foris.co) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 41% vs previous month
Latest news on Foris
Complete news archive for Foris
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Similar companies to Foris
10 companies that operate in the same segment as Foris (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about Foris
Foris was founded in 2016.
Foris is headquartered in Hong Kong, China.
Blockchain technology is utilized by Foris to develop innovative consumer applications. Expertise is held in iOS and Android development, UIUX design, and smart contract creation. Participation in prestigious programs like FinTech SuperCharger 2017 and Cyberport Incubation Program is noted. The focus is placed on impacting industries through advanced technological solutions. Operations are based in Hong Kong with additional offices in Singapore and London.
Foris's top competitors include Chipper Cash, Taptap Send and WorldRemit.
Foris offers Blockchain Consumer Apps.
Foris has 1 investor. Key investors include Alight Media.
Foris operates through Foris Limited.
Yes. Foris was acquired by Alight Media in May 2021.