Payquik

New York, United States Founded: 1999 • Age: 27 yrs Acquired By Citi
White label remittance platform provider.

About Payquik

Payquik is a Financial Services company based in New York (United States) founded in 1999, and was acquired by Citi in January 2008. White label remittance platform provider. Its focus areas include FinTech, Digital Remittance, Enablers and Software for Enterprises.

Company details

Payquik was founded in 1999 in New York, United States, as a provider in the financial technology sector focused on remittances. A customizable white-label platform is offered to banks, corporations, and money transfer organizations, enabling secure and compliant international funds transfers with distribution and foreign exchange services across more than 90 countries. The company was acquired by Citi Bank in 2008.

  • Headquarters New York, United States
  • Stage Acquired
  • Sectors
    Financial Services
  • Website payquik.com
  • Acquired by Citi (Jan 2008)
Key Metrics

Investors in Payquik

Payquik has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Citi.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Diversified financial services are offered through commercial banking operations.
1812citigroup.comNew York, United States
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Investor details for Payquik

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Timeline of Payquik

2 dated milestones of Payquik across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Payquik is founded.
  2. Exit Acquired by Citi.

Top companies in Payments & Remittance Platforms

3 companies that operate in the same segment as Payquik (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Payment processing and card issuance solutions are provided for businesses.
2009San Francisco, California, United StatesUSD 9.81 B16,622
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B3,108
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 5.07 B6,209
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Frequently Asked Questions about Payquik

Payquik was founded in 1999.

Payquik is headquartered in New York, United States. It is registered at New York, New York, United States.

Payquik was founded in 1999 in New York, United States, as a provider in the financial technology sector focused on remittances. A customizable white-label platform is offered to banks, corporations, and money transfer organizations, enabling secure and compliant international funds transfers with distribution and foreign exchange services across more than 90 countries. The company was acquired by Citi Bank in 2008.

Payquik has 1 investor. Key investors include Citi.

Yes. Payquik was acquired by Citi in January 2008.

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