About Fuze Network
Fuze Network is a company based in Salt Lake City (United States) founded in 2009 was acquired by Ingo Money in November 2014. Fuze Network has raised $3.7 million across 2 funding rounds from investors including Ingo Money, Ribbit Capital and Matrix. Fuze Network operates in a competitive market with competitors including yufin, DiGiSPICE, CrowdForce, shop.eBillme.com and CIT VERiCASH, among others.
- Headquarter Salt Lake City, United States
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Fuze Network, 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
$3.7 M (USD)
in 2 rounds
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Latest Funding Round
$2.5 M (USD), Series A
Sep 27, 2012
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Investors
Ingo Money
& 5 more
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Employee Count
Not available
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Acquired by
Ingo Money
(Nov 03, 2014)
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People of Fuze Network
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Funding Insights of Fuze Network
Fuze Network has successfully raised a total of $3.7M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.5 million completed in September 2012. 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 Fuze Network
Fuze Network has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Ingo Money, Ribbit Capital and Matrix.
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Early-stage companies in fintech and multiple sectors are invested in.
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Early-stage ventures are funded by the investment firm.
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Seed investments in US startups are made by Deciens Capital.
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Investor details for Fuze Network
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Investments & Acquisitions by Fuze Network
Investment portfolio details for Fuze Network
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Financial Statements - Fuze Network
Detailed financials for Fuze Network
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Fuze Network Comparisons
Peer comparison for Fuze Network
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Competitors of Fuze Network
Fuze Network 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 yufin, DiGiSPICE, CrowdForce, shop.eBillme.com and CIT VERiCASH, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of merchant services acquiring and payments hub for small merchants
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Provides suite solutions for government agencies
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Operates a decentralized network connecting micro businesses for enhanced collaboration.
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Alternate cash payment options for online purchases are facilitated.
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Mobile payment software is provided to financial institutions and operators.
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Detailed competitors of Fuze Network
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Latest news on Fuze Network
Complete news archive for Fuze Network
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Frequently Asked Questions about Fuze Network
Fuze Network was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Fuze Network is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
Fuze Network is a funded company, having raised a total of $3.7M across 2 funding rounds to date.
Fuze Network is a payments technology company that facilitates the movement of money onto any of the 1.5 billion U.S. bank-issued cards. Fuze Network has built a proprietary network that allows them to facilitate a credit to any card for a consumer. Part of this network includes a product called Swipe2Pay, introduced at last falls Finovate conference, which lets any retailer with a POS terminal process a cash payment for any credit card, deposit money to a debit card, or load up a prepaid card without having to make changes to their existing POS infrastructure. The platform simplifies and speeds up the transaction process by eliminating manual entry of personal information on forms and does not require specific codes for card issuers. Fuze Network allows customers to make payments at 17k banks and 100k retail locations nationwide. The company currently processes over 40 million per month, and does over 500k card transactions (credits onto card accounts) per month.
Fuze Network's top competitors include DiGiSPICE, yufin and CIT VERiCASH.
Fuze Network has 6 investors. Key investors include Ingo Money, Ribbit Capital, Matrix, Deciens Capital, and Kickstart Fund.