
About Moneytrac Technology
Moneytrac Technology is a Financial Services company based in San Diego (United States) founded in 2015. Prepaid card network and digital wallet are managed for payments. Moneytrac Technology has raised $250 thousand across 1 funding round from investors including Marijuana Company Of America. Moneytrac Technology has completed 1 acquisition, including PotSaver. Its focus areas include FinTech, Payments, Enablers and Card Networks. Its competitors include Visa, Mastercard and CardPointers; 1 of its 3 listed competitors has raised funding.
Company details
Moneytrac Technology was founded in 2015 in San Diego, United States, within the fintech sector. A prepaid card network and digital wallet are operated to handle traditional products, cards, merchant payment processing, biometric payments, and peer-to-peer transfers. On-demand reporting of accounts is also facilitated through the platform, supporting various payment management needs.
- Headquarters San Diego, United States
- SectorsFinancial Services
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- Website moneytractechnology.com
- Social X Facebook
- Total Equity Funding$250K (USD)
in 1 rounds
- Latest Funding Round$250K (USD), Seed
Jul 2017
- Investors
- Investments & Acquisitions
Funding Insights of Moneytrac Technology
Moneytrac Technology has successfully raised a total of $250K through 1 strategic funding round. The most recent funding activity was a Seed round of $250 thousand completed in July 2017. 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 $250,000
- Total Rounds 1
- Last Round Seed β $250,000
- First Round $250,000
(Jul 2017)
- Investors Count 1
All 1 funding rounds of Moneytrac Technology with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2017 | $250,000 | Seed | β | β |
1 investors in total: 1 institutional.
Investors in Moneytrac Technology
Moneytrac Technology has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Marijuana Company Of America.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Industrial hemp-derived cannabinoid products are manufactured and marketed. | 1985 | marijuanacompanyofamerica.com | Escondido, United States |
Investor details for Moneytrac Technology
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Investments & Acquisitions by Moneytrac Technology
Moneytrac Technology has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include PotSaver.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
E commerce platform for cannabis | potsaver.net | San Diego, United States | 0 | Sep 2017 | β’β’β’β’ |
Complete acquisition details for Moneytrac Technology
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Moneytrac Technology
3 dated milestones of Moneytrac Technology across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Moneytrac Technology is founded.
- Funding First funding round of $250K.
- Acquisition Acquires PotSaver.
Competitors of Moneytrac Technology
Moneytrac Technology has 3 listed competitors in our database, 1 of them funded. They include Visa, Mastercard and CardPointers.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| visa.com | 1958 | San Francisco, United States | 28,800 | Digital payment solutions are offered to individuals and businesses. | ||
| mastercard.com | 1966 | Purchase, United States | $9M | 341 | Global payments are processed via card network connections. | |
| cardpointers.com | 2019 | Miami, United States | Delivers comprehensive solutions for credit services. |
Detailed competitors of Moneytrac Technology
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Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Moneytrac Technology (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Related news about Moneytrac Technology
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Frequently Asked Questions about Moneytrac Technology
Moneytrac Technology was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Moneytrac Technology is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Moneytrac Technology is a funded company, having raised a total of $250K across 1 funding round to date. The company's 1st funding round was a Seed of $250K, raised on Jul 2017.
Moneytrac Technology was founded in 2015 in San Diego, United States, within the fintech sector. A prepaid card network and digital wallet are operated to handle traditional products, cards, merchant payment processing, biometric payments, and peer-to-peer transfers. On-demand reporting of accounts is also facilitated through the platform, supporting various payment management needs.
Moneytrac Technology's top competitors include Visa, Mastercard and CardPointers.
Moneytrac Technology has made 1 acquisition, including PotSaver.
Moneytrac Technology has 1 investor. Key investors include Marijuana Company Of America.
