About iSend
iSend is a company based in Middlebury (United States) founded in 2007 was acquired by Ding in July 2015.. iSend has raised $1.85 million across 1 funding round from investors including Ding. iSend operates in a competitive market with competitors including Mintroute, Quippi, NexPay, xCurrency and BlueKite, among others.
- Headquarter Middlebury, 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 Isend Llc
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Funding Insights of iSend
iSend has successfully raised a total of $1.85M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.85 million completed in July 2009. 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 Seed — $1.8M
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First Round
First Round
(08 Jul 2009)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2009 | Amount | Seed - iSend | Valuation |
investors |
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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 iSend
iSend has secured backing from 1 investor. Prominent investors backing the company include Ding. 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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Mobile airtime management services are provided globally by Ding.
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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 iSend
| 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 - iSend
| 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 |
Isend Comparisons
Competitors of iSend
iSend 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 Mintroute, Quippi, NexPay, xCurrency and BlueKite, 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 mobile recharge solutions are facilitated via online platforms.
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| domain | founded_year | HQ Location |
US-Mexico cross border gift cards
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| domain | founded_year | HQ Location |
Provider of industrial solutions, including lubricants, safety equipment, and wind energy optimization
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| domain | founded_year | HQ Location |
Forex rate converter and remittance services
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| domain | founded_year | HQ Location |
Cross-border bill payments and remittances
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| domain | founded_year | HQ Location |
Provides a platform for cross-border payments tailored to international students.
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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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Frequently Asked Questions about iSend
When was iSend founded?
iSend was founded in 2007 and raised its 1st funding round 2 years after it was founded.
Where is iSend located?
iSend is headquartered in Middlebury, United States. It is registered at Middlebury, Vermont, United States.
Is iSend a funded company?
iSend is a funded company, having raised a total of $1.85M across 1 funding round to date. The company's 1st funding round was a Seed of $1.85M, raised on Jul 08, 2009.
What does iSend do?
iSend was founded in 2007 in Middlebury, United States, within the financial services sector. Cross-border electronic payments are provided for bill settlements, mobile top-ups, and international gift cards, targeting remittances to family abroad. Access to bill payments and gift cards is enabled via retail agents, while mobile recharges are supported both at stores and online platforms. Operations emphasize practical remittance solutions across borders.
Who are the top competitors of iSend?
Who are iSend's investors?
iSend has 1 investor. Key investors include Ding.
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