NoFrixion

Dublin, Ireland Founded: 2020 • Age: 6 yrs
Online payment platform for businesses is provided via API.

About NoFrixion

NoFrixion is a company based in Dublin (Ireland) founded in 2020 by Feargal Brady and Aaron Clauson.. NoFrixion has raised $3.53 million across 1 funding round from investors including Delta Partners, MiddleGame Ventures and Furthr VC. NoFrixion offers products and services including Payment Platform, Accounts Receivable, Accounts Payable, and Treasury Management. NoFrixion operates in a competitive market with competitors including TrueLayer, Modulr Finance, Prime Trust, AuthBridge and Sentenial, among others.

  • Headquarter Dublin, Ireland
  • Founders Feargal Brady, Aaron Clauson
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Nofrixion Limited
Operational Areas
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3.53 M (USD)

    in 1 rounds

  • Latest Funding Round
    $3.53 M (USD), Series A

    Oct 03, 2022

  • Investors
  • Employee Count
    Employee Count
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Products & Services of NoFrixion

NoFrixion offers a comprehensive portfolio of products and services, including Payment Platform, Accounts Receivable, Accounts Payable, and Treasury Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for managing payments and automating reconciliation processes

Tools to enhance collections and customer payment experiences

System for handling payables and streamlining approvals

Platform to manage bank accounts and financial operations

Funding Insights of NoFrixion

NoFrixion has successfully raised a total of $3.53M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.53 million completed in October 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.

  • Total Funding
  • Total Rounds 1
  • Last Round Series A — $3.5M
  • First Round

    (03 Oct 2022)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2022 Amount Series A - NoFrixion Valuation Delta Partners , MiddleGame Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in NoFrixion

NoFrixion has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Delta Partners, MiddleGame Ventures and Furthr VC. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Corporate backed private equity fund focused on telecom, technology, and multiple sectors
Founded Year Domain Location
Venture capital investments are directed toward early-stage fintech startups.
Founded Year Domain Location
Early-stage venture capital investments are provided to Irish startups.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by NoFrixion

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - NoFrixion

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Nofrixion Comparisons

Employees
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Competitors of NoFrixion

NoFrixion 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 TrueLayer, Modulr Finance, Prime Trust, AuthBridge and Sentenial, 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
domain founded_year HQ Location
Provider of open banking API solutions for payment institutions
domain founded_year HQ Location
API-enabled payments infrastructure is provided for business integration.
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Cloud-based AML and banking API solutions are provided for institutions.
domain founded_year HQ Location
Identity verification, employee screening, and due diligence platforms are provided.
domain founded_year HQ Location
SEPA compliant payment management solutions for banks and businesses
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Nofrixion

Frequently Asked Questions about NoFrixion

When was NoFrixion founded?

NoFrixion was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Where is NoFrixion located?

NoFrixion is headquartered in Dublin, Ireland.

Who is the current CEO of NoFrixion?

Feargal Brady is the current CEO of NoFrixion. They have also founded this company.

Is NoFrixion a funded company?

NoFrixion is a funded company, having raised a total of $3.53M across 1 funding round to date. The company's 1st funding round was a Series A of $3.53M, raised on Oct 03, 2022.

What does NoFrixion do?

NoFrixion was founded in 2020 in Dublin, Ireland, as a fintech company focused on electronic money management and payment services. Programmable money solutions are delivered through web-based APIs and other internet channels. Operations target commercial customers, enabling secure and efficient online transactions for business needs across various sectors.

Who are the top competitors of NoFrixion?

NoFrixion's top competitors include TrueLayer, Modulr Finance and AuthBridge.

What products or services does NoFrixion offer?

NoFrixion offers Payment Platform, Accounts Receivable, Accounts Payable, and Treasury Management.

Who are NoFrixion's investors?

NoFrixion has 3 investors. Key investors include Delta Partners, MiddleGame Ventures, and Furthr VC.

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