Ivy

Munchen, Germany Founded: 2021 • Age: 5 yrs
A financial infrastructure is provided for payments and banking by Ivy.
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About Ivy

Ivy is a company based in Munchen (Germany) founded in 2021 by Simon Wimmer, Peter Mosebjane Lieck, Joshua Becker, and Ferdinand Dabitz. It operates as a API-as-a-Product, and FinTech. Ivy has raised $27.7 million across 2 funding rounds from investors including Valar Ventures, Creandum and 10x Founders. Ivy offers products and services including Instant Payments, Borderless Accounts, and Instant Payouts. Ivy operates in a competitive market with competitors including Tink, ndgit, Prime Trust, AuthBridge and Volt, among others.

  • Headquarter Munchen, Germany
  • Founders Simon Wimmer, Peter Mosebjane Lieck, Joshua Becker, Ferdinand Dabitz
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ivy Gmbh
Operational Areas
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $27.7 M (USD)

    in 2 rounds

  • Latest Funding Round
    $20 M (USD), Series A

    Aug 31, 2023

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Ivy

Ivy offers a comprehensive portfolio of products and services, including Instant Payments, Borderless Accounts, and Instant Payouts. 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.

Primary

Real-time payments are accepted from customer bank accounts.

Funds are managed in local currencies or stablecoins.

Real-time payouts are sent to customer bank accounts.

People of Ivy
Headcount 10-50
Employee Profiles 26
Employee Profiles
People
Stephan E.
Operations & Onboarding Manager
People
Magnus Wünsche
Working Student Sales & Product Development
People
Joshua Becker
Co-Founder & CPO
People
Ferdinand Dabitz
Co-founder & CEO Ivy

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Funding Insights of Ivy

Ivy has successfully raised a total of $27.7M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in August 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 Rounds 2
  • Last Round Series A — $20.0M
  • First Round

    (11 Jul 2023)

  • Investors Count 14
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2023 Amount Series A - Ivy Valuation Valar Ventures
Jul, 2023 Amount Seed - Ivy Valuation Creandum
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Ivy

Ivy has secured backing from 14 investors, including venture fund and angel investors. Prominent investors backing the company include Valar Ventures, Creandum and 10x Founders. 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.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Global investments in tech sectors are conducted by Valar Ventures.
Founded Year Domain Location
Venture capital investments and support services are offered to early-stage tech startups.
Founded Year Domain Location
Venture capital firm focused on multiple sectors
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Ivy

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Ivy

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ivy Comparisons

Employees
+
Add Comparison
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Competitors of Ivy

Ivy 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 Tink, ndgit, Prime Trust, AuthBridge and Volt, 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
Tink is recognized as a leading European open banking platform.
domain founded_year HQ Location
Open banking API solutions for banks and financial institutions
domain founded_year HQ Location
Cloud-based AML and banking API solutions are provided for institutions.
domain founded_year HQ Location
Identity verification, employee screening, and due diligence platforms are provided.
domain founded_year HQ Location
Volt is recognized as a provider of real-time payment solutions globally.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ivy

Frequently Asked Questions about Ivy

When was Ivy founded?

Ivy was founded in 2021 and raised its 1st funding round 2 years after it was founded.

Where is Ivy located?

Ivy is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.

Who is the current CEO of Ivy?

Ferdinand Dabitz is the current CEO of Ivy. They have also founded this company.

Is Ivy a funded company?

Ivy is a funded company, having raised a total of $27.7M across 2 funding rounds to date. The company's 1st funding round was a Seed of $7.7M, raised on Jul 11, 2023.

What does Ivy do?

A financial infrastructure for payments and banking is offered by Ivy. Real-time payment solutions are provided across multiple industries including crypto, trading, payment service providers, and global marketplaces. Funds can be received, held, sent, and converted across fiat and stablecoins using a unified API. Support is extended for cross-border transactions with stablecoin interoperability. Operations are streamlined for businesses with developer-friendly APIs and quick onboarding processes.

Who are the top competitors of Ivy?

Ivy's top competitors include Tink, AuthBridge and Volt.

What products or services does Ivy offer?

Ivy offers Instant Payments, Borderless Accounts, and Instant Payouts.

Who are Ivy's investors?

Ivy has 14 investors. Key investors include Valar Ventures, Creandum, 10x Founders, Jeppe Rindom, and Daniel Krauss.

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