Hip Money

Brisbane, Australia Founded: 2017 • Age: 9 yrs Acquired By Frollo
Provider of banking APIs for open banking platform
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products 6 Services tracked
Competitors 11 Brand Intelligence

About Hip Money

Hip Money is a company based in Brisbane (Australia) founded in 2017 was acquired by Frollo in September 2019. Hip Money offers products and services including Frollo App, CDR Gateway, Financial Passport, Money Management Platform, and Data Holder Testing Platform. Hip Money operates in a competitive market with competitors including M2P Fintech, Prime Trust, AuthBridge, Frollo and Basiq, among others.

  • Headquarter Brisbane, Australia
  • Sectors
    Financial Services
  • Phone
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  • Website
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  • Social
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Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
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  • EBITDA
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  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Acquired by
    Frollo

    (Sep 02, 2019)

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Products & Services of Hip Money

Hip Money offers a comprehensive portfolio of products and services, including Frollo App, CDR Gateway, Financial Passport, Money Management Platform, and Data Holder Testing Platform.

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Primary

Mobile app for users to track and manage personal finances securely.

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Platform for Open Banking data exchange and transformation processes.

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Tool for faster and more accurate credit decision-making.

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System to enhance customer loyalty through personalized financial insights.

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Platform for ensuring Open Banking data holder compliance.

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Portal to leverage product reference data for competitive edge.

Funding Insights of Hip Money

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Detailed funding history for Hip Money

Round names, dates, amounts, investors, and valuation history require an active premium plan.

  • Round names and dates
  • Funding amounts
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Verified entity values are shown only after access is granted.

Investors in Hip Money

Hip Money has secured backing from 1 investor. Prominent investors backing the company include Frollo.

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Investor Description Founded Year Domain Location
Cloud-based open banking API solutions are provided to banks.
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Investor details for Hip Money

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Hip Money

Investments
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Investment portfolio details for Hip Money

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Hip Money

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Detailed financials for Hip Money

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Hip Money Comparisons

Hip Money Primary company
Description
Provider of banking APIs for open banking platform
Location
Brisbane, Australia
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Hip Money

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
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  • Operating benchmarks

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Competitors of Hip Money

Hip Money 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 M2P Fintech, Prime Trust, AuthBridge, Frollo and Basiq, among others.

Company Name Domain Founded year HQ Location Description
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Banking, lending, and payment solutions are provided via custom APIs.
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Cloud-based AML and banking API solutions are provided for institutions.
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Identity verification, employee screening, and due diligence platforms are provided.
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Cloud-based open banking API solutions are provided to banks.
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Financial data is aggregated through APIs for open banking services.
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Volt is recognized as a provider of real-time payment solutions globally.
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Detailed competitors of Hip Money

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Hip Money

Frollo acquires AI-powered savings provider
Fintechbusiness6 years ago
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Complete news archive for Hip Money

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Frequently Asked Questions about Hip Money

Hip Money was founded in 2017.

Hip Money is headquartered in Brisbane, Australia. It is registered at Brisbane, Queensland, Australia.

Hip Money was founded in 2017 in Brisbane, Australia, within the fintech sector focused on open banking. Banking APIs are supplied to enable platform-based services through open APIs and consumer data rights (CDRs). Operations include CDR data collection, data enrichment via APIs, and a money management platform, supporting white-label app development for users in the Australian market.

Hip Money's top competitors include M2P Fintech, AuthBridge and Volt.

Hip Money offers Frollo App, CDR Gateway, Financial Passport, Money Management Platform, and 2 more products and services.

Hip Money has 1 investor. Key investors include Frollo.

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