Kushki

Quito, Ecuador Founded: 2017 • Age: 9 yrs
Provider of online payment solutions for businesses
Annual revenue - Latest available
Total funding $186.0M 4 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About Kushki

Kushki is a company based in Quito (Ecuador) founded in 2017 by David Mattos, Sebastian Castro Galnares, and Aron Schwarzkopf. Kushki has raised $186 million across 4 funding rounds from investors including Kaszek, Clocktower Technology Ventures and DILA Capital. Kushki has completed 2 acquisitions, including Billpocket and QVO. Kushki offers products and services including PayIns, PayOuts, API, and JS Library. Kushki operates in a competitive market with competitors including Stripe, Square, Flutterwave, PayU and Nuvei, among others.

  • Headquarter Quito, Ecuador
  • Founders David Mattos, Sebastian Castro Galnares, Aron Schwarzkopf
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Kushki Operadora S.A
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $186 M (USD)

    in 4 rounds

  • Latest Funding Round
    $100 M (USD), Series B

    Jun 07, 2022

  • Investors
    Kaszek

    & 5 more

  • Employee Count
    Not available
  • Investments & Acquisitions
    Billpocket

    & 1 more

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Products & Services of Kushki

Kushki offers a comprehensive portfolio of products and services, including PayIns, PayOuts, API, and JS Library.

Product name locked
Category locked
Primary

Service for collecting payments through various integration methods.

Product name locked
Category locked
Locked

Platform for secure disbursement of funds to suppliers and employees.

Product name locked
Category locked
Locked

API for multiple payment methods to facilitate business transactions.

Product name locked
Category locked
Locked

Library for customizable and secure payment forms.

People of Kushki

Headcount 200-500
Employee Profiles 90
Board Members and Advisors 1
Employee Profiles
People
Xavier Uquillas Carrillo
Especialista Blue Team
People
Christian Cuenca
Information Security Officer
People
Víctor MacÍas
Head Of Engineering
People
Mauricio Morales
Applications Architect

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Board Members and Advisors
people
Sebastián Castro Galnares
Co-Founder

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Funding Insights of Kushki

Kushki has successfully raised a total of $186M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $100 million completed in June 2022. 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.

Investors in Kushki

Kushki has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Kaszek, Clocktower Technology Ventures and DILA Capital.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital investments are directed toward multiple sectors by Kaszek.
Locked Locked Locked
Venture capital firm focused on financial sector
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-
Locked Locked Locked
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Investor details for Kushki

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

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

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Kushki

Kushki has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Billpocket and QVO.

Investments
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Investment portfolio details for Kushki

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
API-linked payment gateways are provided for online transactions.
Locked Locked 2016 Locked
Provider of payment processing solutions for businesses
Locked Locked 2011 Locked
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Complete acquisition details for Kushki

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Kushki

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Detailed financials for Kushki

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  • Historical revenue
  • Profit trends
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Kushki Comparisons

Kushki Primary company
Description
Provider of online payment solutions for businesses
Location
Quito, Ecuador
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Kushki

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

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Kushki

Kushki 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 Stripe, Square, Flutterwave, PayU and Nuvei, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Payment processing and card issuance solutions are provided for businesses.
Locked Locked Locked
POS solutions are provided for retail businesses.
Locked Locked Locked
Provider of payment processing solutions for businesses
Locked Locked Locked
Online payment processing and credit solutions are provided for businesses.
Locked Locked Locked
Payment processing solutions are delivered to merchants and businesses.
Locked Locked Locked
Provides payment processing, customizable stores, and marketplace for digital goods.
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Detailed competitors of Kushki

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

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

Verified entity values are shown only after access is granted.

Latest news on Kushki

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Complete news archive for Kushki

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Kushki

Kushki was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Kushki is headquartered in Quito, Ecuador. It is registered at Quito, Pichincha, Ecuador.

Aron Schwarzkopf is the current CEO of Kushki. They have also founded this company.

Kushki is a funded company, having raised a total of $186M across 4 funding rounds to date.

Kushki was founded in 2017 in Quito, Ecuador, as a fintech company focused on online payment processing. Services encompass credit cards, debit cards, bank transfers, and cash options for merchants. Recurring payments, custom API integrations, and security protocols are supported to facilitate secure transactions across Latin America. Operations emphasize scalability for e-commerce and digital businesses.

Kushki's top competitors include Stripe, PayU and Flutterwave.

Kushki offers PayIns, PayOuts, API, and JS Library.

Kushki has made 2 acquisitions, including Billpocket, and QVO.

Kushki has 6 investors. Key investors include Kaszek, Clocktower Technology Ventures, DILA Capital, SoftBank Latin America Fund, and Magma Partners.

The valuation of Kushki is $600M as of Jun 2021.

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