About Necto
Necto is a company based in New York (United States) founded in 2023 was acquired by Embat in February 2025. It operates as a API-as-a-Product. Necto has raised $8 million across 1 funding round from investors including Embat, Nyca Partners and Point72 Ventures. Necto offers products and services including Bank API Aggregator. Necto operates in a competitive market with competitors including Codat, Banked, Yodlee, Bud and Method, among others.
- Headquarter New York, United States
-
Sectors
Financial Services
-
Phone
Locked
-
Website
Locked
-
Social
Locked
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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.
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
|
Locked | Locked | Locked | |
|
Venture capital fund focused on seed to growth stage fintech, deep tech, and enterprise tech companies
|
Locked | Locked | Locked | |
|
Venture capital investments are directed toward early-stage technology companies.
|
Locked | Locked | Locked |
Investor details for Necto
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 Necto
Investment portfolio details for Necto
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.
Financial Statements - Necto
Detailed financials for Necto
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Necto Comparisons
Peer comparison for Necto
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Necto
Necto 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 Codat, Banked, Yodlee, Bud and Method, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Developer of cloud-based financial analysis and forecasting solutions for small and medium businesses
|
|
| Locked | Locked | Locked |
Open banking APIs for payments and data access are provided.
|
|
| Locked | Locked | Locked |
Cloud-based data aggregation and analytics for financial institutions are offered.
|
|
| Locked | Locked | Locked |
Bud Financial is focused on transforming transaction data into actionable insights for financial institutions.
|
|
| Locked | Locked | Locked |
API-enabled debt repayment tools are provided for financial services.
|
|
| Locked | Locked | Locked |
open banking API solutions
|
Detailed competitors of Necto
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 Necto
Complete news archive for Necto
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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 current CEO of Necto.
Necto is a funded company, having raised a total of $8M across 1 funding round to date.
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.