About HyperJar
HyperJar is a company based in London (United Kingdom) founded in 2016 by Paul Rolles and Mat Megens.. HyperJar has raised $24 million across 1 funding round from investors including Susquehanna Growth Equity and Hoopp. HyperJar offers products and services including HyperJar App and HyperJar Card. HyperJar operates in a competitive market with competitors including MoneyGram, NALA, Zilch, CarePay and MuchBetter, among others.
- Headquarter London, United Kingdom
- Founders Paul Rolles, Mat Megens
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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 Hyperjar Limited
- Date of Incorporation 18 Apr, 2016
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$24 M (USD)
in 1 rounds
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Latest Funding Round
$24 M (USD), Series A
Sep 14, 2023
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Investors
Susquehanna Growth Equity
& 1 more
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Employee Count
Employee Count
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Products & Services of HyperJar
HyperJar offers a comprehensive portfolio of products and services, including HyperJar App and HyperJar Card. 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 organizing spending, budgeting, and earning cashback.
Card for secure payments with cashback and expense controls.
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Funding Insights of HyperJar
HyperJar has successfully raised a total of $24M through 1 strategic funding round. The most recent funding activity was a Series A round of $24 million completed in September 2023. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $24.0M
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First Round
First Round
(14 Sep 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series A - HyperJar | Valuation | Susquehanna Growth Equity |
| 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 |
Investors in HyperJar
HyperJar has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Susquehanna Growth Equity and Hoopp. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity firm
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Founded Year | Domain | Location | |
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Administers a pension plan for Ontario's healthcare workers.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HyperJar
| 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 - HyperJar
| 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 |
Hyperjar Comparisons
Competitors of HyperJar
HyperJar 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 MoneyGram, NALA, Zilch, CarePay and MuchBetter, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cross-border payments are enabled via wallet solutions for consumers.
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| domain | founded_year | HQ Location |
Cross-border remittances are enabled online for individuals worldwide.
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| domain | founded_year | HQ Location |
Direct-to-consumer ad-subsidised payments network
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| domain | founded_year | HQ Location |
Provider of a health insurance platform for global insurers
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| domain | founded_year | HQ Location |
Operates a payment app tailored for gaming platforms.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Hyperjar
Frequently Asked Questions about HyperJar
When was HyperJar founded?
HyperJar was founded in 2016 and raised its 1st funding round 7 years after it was founded.
Where is HyperJar located?
HyperJar is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of HyperJar?
Mat Megens is the current CEO of HyperJar. They have also founded this company.
Is HyperJar a funded company?
HyperJar is a funded company, having raised a total of $24M across 1 funding round to date. The company's 1st funding round was a Series A of $24M, raised on Sep 14, 2023.
What does HyperJar do?
HyperJar was founded in 2016 in London, United Kingdom, within the fintech sector. A wallet-based payment solution is provided for consumers, supporting online and offline payments, split payments, and money transfers. Access is enabled through a mobile app available on Android and iOS platforms. The card can be frozen via the app when not in use, enhancing security for everyday financial operations.
Who are the top competitors of HyperJar?
What products or services does HyperJar offer?
HyperJar offers HyperJar App and HyperJar Card.
Who are HyperJar's investors?
HyperJar has 2 investors. Key investors include Susquehanna Growth Equity, and Hoopp.
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