About Money Movers
Money Movers is a company based in Tbilisi (Georgia) founded in 2009 was acquired by Smartex in June 2011.. Money Movers operates in a competitive market with competitors including PayU, CyberSource, Wirecard, SafeCharge and Kashier, among others.
- Headquarter Tbilisi, Georgia
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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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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Smartex
(Jun 01, 2011)
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Funding Insights of Money Movers
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Money Movers
Money Movers has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Smartex GE. 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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Seed and early-stage venture capital investments are managed by Smartex.
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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 Money Movers
| 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 - Money Movers
| 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 |
Money Movers Comparisons
Competitors of Money Movers
Money Movers 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 PayU, CyberSource, Wirecard, SafeCharge and Kashier, 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 |
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| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Global e-commerce payment processing and security services are managed.
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| domain | founded_year | HQ Location |
Payment processing solutions are provided for businesses and merchants.
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| domain | founded_year | HQ Location |
Comprehensive payment solutions are provided to online merchants worldwide.
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| domain | founded_year | HQ Location |
Online payment solutions are provided for businesses via various methods.
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| domain | founded_year | HQ Location |
Provides telecom software, SMS platforms, security, and API integrations for businesses.
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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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Frequently Asked Questions about Money Movers
When was Money Movers founded?
Money Movers was founded in 2009.
Where is Money Movers located?
Money Movers is headquartered in Tbilisi, Georgia.
What does Money Movers do?
Money Movers was established in 2009 in Tbilisi, Georgia, within the fintech sector. Operations focus on virtual currency dealing as an authorized local agent for WebMoney. Hosted gateway services, bill payments, and topup facilities are provided to merchants, alongside a clearing system for online transactions. A dedicated bill payment page is available for consumers, and exchange services from e-money to cash are facilitated through the mm.ge domain.
Who are the top competitors of Money Movers?
Money Movers's top competitors include PayU, CyberSource and Wirecard.
Who are Money Movers's investors?
Money Movers has 1 investor. Key investors include Smartex GE.