About Necto
Necto is a Financial Services company based in New York (United States) founded in 2023, and was acquired by Embat in February 2025. Bank API connectivity is facilitated for corporate treasury operations. It operates on a API-as-a-Product model. Necto has raised $8 million across 1 funding round from investors including Embat, Nyca Partners and Point72 Ventures. Its chief executive, as recorded, is Guido Schulz. Necto offers products and services including Bank API Aggregator. Its focus areas include Technology, Financial Technology and Banking Solutions. Its competitors include Yodlee, Method and Orum; 3 of its 3 listed competitors have raised funding.
Company details
Bank API connectivity is provided by Necto through a secure aggregator platform. Real-time connectivity to multiple banks is enabled, regardless of data formats. The platform is designed to normalize and standardize data, ensuring seamless integration with corporate systems like ERPs. Solutions are offered to corporates, banks, and treasury technology providers in the financial sector. Development complexity is reduced, and advanced security protocols are implemented for faster IT approval. Global treasury operations are transformed by replacing legacy connectivity methods with API-driven solutions.
- Headquarters New York, United States
- Stage Acquired
- SectorsFinancial Services
- Website necto-api.com
- Social LinkedIn
- Acquired by Embat (Feb 2025)
Products & Services of Necto
Necto offers a comprehensive portfolio of products and services, including Bank API Aggregator.
Bank API connectivity is provided for corporate treasury.
Funding Insights of Necto
Necto has successfully raised a total of $8M through 1 strategic funding round. The most recent funding activity was a Seed round of $8 million completed in December 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 $8M
- Total Rounds 1
- Last Round Seed — $8M
- First Round $8M
(Dec 2023)
- Investors Count 7
All 1 funding rounds of Necto 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 |
|---|---|---|---|---|---|
| Dec 2023 | $8M | Seed | – | Nyca Partners |
8 investors in total: 8 institutional.
Investors in Necto
Necto has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include Embat, Nyca Partners and Point72 Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech focused early stage VC firm investing in the US | nyca.com | New York, United States | ||
Venture capital fund focused on seed to growth stage fintech, deep tech, and enterprise tech companies | p72.vc | New York, United States | ||
Venture capital investments are directed toward early-stage technology companies. | vineventures.com | New York, United States | ||
Growth equity investments are made by the private equity firm. | avenirgrowth.com | New York, United States | ||
Investments in fintech startups are managed by Communitas Capital. | communitascapital.com | New York, United States | ||
Provider of a growth equity firm for adaptive and personalized plans | edisonpartners.com | Princeton, United States | ||
Fintech startups are funded by AFG, a venture capital firm. | afgvc.com | Hong Kong, China | ||
Financial planning and treasury management solutions are offered to businesses. | 2021 | embat.io | Madrid, Spain |
Investor details for Necto
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People of Necto
2 people are tracked at Necto (2 in leadership).
| Name | Role | Group |
|---|---|---|
Guido Schulz | CEO | Leadership |
Ivo Alejandro Mendoza Rocha | Director Of Product | Leadership |
Complete people profiles for Necto
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Timeline of Necto
3 dated milestones of Necto across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Necto is founded.
- Funding First funding round of $8.0M.
- Exit Acquired by Embat.
Competitors of Necto
Necto has 3 listed competitors in our database, 3 of them funded. They include Yodlee, Method and Orum.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| yodlee.com | 1999 | Redwood, United States | $84.31M | 214 | Cloud-based data aggregation and analytics for financial institutions are offered. | |
| methodfi.com | 2019 | Austin, United States | $60M | API-enabled debt repayment tools are provided for financial services. | ||
| orum.io | 2019 | United States | $82.2M | 73 | open banking API solutions |
Detailed competitors of Necto
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Web traffic of Necto
The website of Necto (necto-api.com) receives about 3.3K visits a month.
- Monthly visits3.3K
▲ 15% vs previous month
Websites whose visitors overlap most with Necto. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| necto.com | 100% | 16.6K | #1,376,250 | View details |
Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Necto (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
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Related news about Necto
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Frequently Asked Questions about Necto
Necto was founded in 2023.
Necto is headquartered in New York, United States. It is registered at New York, New York, United States.
Guido Schulz is the CEO of Necto, as recorded in our data.
Necto is a funded company, having raised a total of $8M across 1 funding round to date. The company's 1st funding round was a Seed of $8M, raised on Dec 2023.
Bank API connectivity is provided by Necto through a secure aggregator platform. Real-time connectivity to multiple banks is enabled, regardless of data formats. The platform is designed to normalize and standardize data, ensuring seamless integration with corporate systems like ERPs. Solutions are offered to corporates, banks, and treasury technology providers in the financial sector. Development complexity is reduced, and advanced security protocols are implemented for faster IT approval. Global treasury operations are transformed by replacing legacy connectivity methods with API-driven solutions.
Necto offers Bank API Aggregator.
Necto has 8 investors. Key investors include Embat, Nyca Partners, Point72 Ventures, Vine Ventures, and Avenir.
Yes. Necto was acquired by Embat in February 2025.