About PayPerks
PayPerks is a company based in New York (United States) founded in 2009. PayPerks has raised $2.6 million across 4 funding rounds from investors including Anthemis Group, Core Innovation Capital and MentorTech Ventures. The company has 3 employees as of December 31, 2022. PayPerks offers products and services including PayPerks Education Platform and smiONE Card with PayPerks. PayPerks operates in a competitive market with competitors including DoughMain, Lemon, DFHE, iChangtou and Mosabi, among others.
- Headquarter New York, United States
- Employees 3 as on 31 Dec, 2022
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Sectors
Education
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Payperks, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.6 M (USD)
in 4 rounds
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Latest Funding Round
$10 K (USD), Grant
Jun 05, 2013
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Investors
Anthemis Group
& 4 more
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Employee Count
3
as on Dec 31, 2022
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Products & Services of PayPerks
PayPerks offers a comprehensive portfolio of products and services, including PayPerks Education Platform and smiONE Card with PayPerks.
Interactive tool for financial learning and rewards to boost cardholder skills.
Reloadable card integrating education and incentives for financial management.
Funding Insights of PayPerks
PayPerks has successfully raised a total of $2.6M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $10 thousand completed in June 2013. 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 Funding
- Total Rounds 4
- Last Round Grant — $10,000
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2013 | Amount | Grant - PayPerks | Valuation |
investors |
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| Jan, 2013 | Amount | Series A - PayPerks | Valuation | MentorTech Ventures , DCM Ventures | |
| Oct, 2010 | Amount | Debt – Conventional - PayPerks | Valuation |
investors |
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Investors in PayPerks
PayPerks has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Anthemis Group, Core Innovation Capital and MentorTech Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments in fintech and technology for wealth and health.
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Founded Year | Domain | Location | |
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Early and growth-stage startups are funded by Anthemis Group.
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Founded Year | Domain | Location | |
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US focused seed & early-stage VC firm
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Founded Year | Domain | Location |
Investments & Acquisitions by PayPerks
Financial Statements - PayPerks
Payperks Comparisons
Competitors of PayPerks
PayPerks 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 DoughMain, Lemon, DFHE, iChangtou and Mosabi, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Family financial tools and prepaid cards for children are offered.
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| domain | founded_year | HQ Location |
Personalized finance education is offered through interactive account-linked platform.
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| domain | founded_year | HQ Location |
Financial courses and training are delivered online.
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| domain | founded_year | HQ Location |
Online financial investment education courses are delivered.
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| domain | founded_year | HQ Location |
Financial literacy education is delivered via a mobile app.
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Latest news on Payperks
Frequently Asked Questions about PayPerks
PayPerks was founded in 2009 and raised its 1st funding round 1 year after it was founded.
PayPerks is headquartered in New York, United States. It is registered at New York, New York, United States.
PayPerks is a funded company, having raised a total of $2.6M across 4 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $315K, raised on Sep 01, 2010.
As of Dec 31, 2022, the latest employee count at PayPerks is 3.
Founded in 2009 and based in New York, United States, PayPerks functions in the education and rewards sector. A platform is provided for low- and middle-income users to earn points through visual modules on topics like avoiding ATM fees and building emergency funds. Points are redeemable for cash prizes via sweepstakes. Services are utilized in public and private sectors for awareness programs, including health campaigns and new payment methods.
PayPerks offers PayPerks Education Platform and smiONE Card with PayPerks.
PayPerks has 5 investors. Key investors include Anthemis Group, Core Innovation Capital, MentorTech Ventures, DCM, and New York Angels.