About Imburse Payments
Imburse Payments is a company based in Zurich (Switzerland) founded in 2017 by Oliver Werneyer, Carl Strempel, Mark Jerome, and David Scott Turner was acquired by Duck Creek in January 2023.. Imburse Payments has raised $13.7 million across 2 funding rounds from investors including Guidewire, Accenture and Duck Creek. Imburse Payments offers products and services including Duck Creek Payments, Duck Creek Payments Orchestrator, and Duck Creek Suite. Imburse Payments operates in a competitive market with competitors including BPC Banking Tech, ECS Fin and FundFlex, among others.
- Headquarter Zurich, Switzerland
- Founders Oliver Werneyer, Carl Strempel, Mark Jerome, David Scott Turner
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$13.7 M (USD)
in 2 rounds
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Latest Funding Round
$12 M (USD), Series A
Jun 22, 2021
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Investors
Guidewire
& 9 more
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Employee Count
Employee Count
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Acquired by
Duck Creek
(Jan 05, 2023)
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Products & Services of Imburse Payments
Imburse Payments offers a comprehensive portfolio of products and services, including Duck Creek Payments, Duck Creek Payments Orchestrator, and Duck Creek Suite. 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.
Platform for secure insurance payment management and transactions.
Tool for integrating global payment networks in insurance.
Comprehensive suite for billing, claims, and policy management.
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Funding Insights of Imburse Payments
Imburse Payments has successfully raised a total of $13.7M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in June 2021. 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 2
- Last Round Series A — $12.0M
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First Round
First Round
(29 Nov 2019)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series A - Imburse Payments | Valuation | Accenture , DST Global |
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| Nov, 2019 | Amount | Seed - Imburse Payments | Valuation | PostFinance , SixThirty |
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| 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 Imburse Payments
Imburse Payments has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Guidewire, Accenture and Duck Creek. 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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Investments are made in early and growth-stage technology startups.
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Venture capital investment firm
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Imburse Payments
| 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 - Imburse Payments
| 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 |
Imburse Payments Comparisons
Competitors of Imburse Payments
Imburse Payments 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 BPC Banking Tech, ECS Fin and FundFlex, 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 |
Provides payment processing, banking platforms, and commerce services worldwide.
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| domain | founded_year | HQ Location |
Payments and transaction processing solutions are provided for financial institutions.
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| domain | founded_year | HQ Location |
Platform for international remittances, currency exchange, and account management services.
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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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Latest news on Imburse Payments
Frequently Asked Questions about Imburse Payments
When was Imburse Payments founded?
Imburse Payments was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Imburse Payments located?
Imburse Payments is headquartered in Zurich, Switzerland.
Who is the current CEO of Imburse Payments?
Oliver Werneyer is the current CEO of Imburse Payments. They have also founded this company.
Is Imburse Payments a funded company?
Imburse Payments is a funded company, having raised a total of $13.7M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.7M, raised on Nov 29, 2019.
What does Imburse Payments do?
Imburse Payments was founded in 2017 in Zurich, Switzerland, within the fintech sector. Solutions for business payments are offered, including push to card, real-time transactions, cross-border transfers, and analytics tools. Payment collections and payouts are facilitated through these services. An integrated platform is utilized for managing payments and generating reports, supporting operations across various regions.
Who are the top competitors of Imburse Payments?
Imburse Payments's top competitors include ECS Fin, BPC Banking Tech and FundFlex.
What products or services does Imburse Payments offer?
Imburse Payments offers Duck Creek Payments, Duck Creek Payments Orchestrator, and Duck Creek Suite.
Who are Imburse Payments's investors?
Imburse Payments has 10 investors. Key investors include Guidewire, Accenture, Duck Creek, Lakestar, and Gramercy.
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