PayWithMyBank

Redwood City, United States Founded: 2012 • Age: 14 yrs Acquired By Trustly
Direct debit payments are enabled via a hosted bank portal.
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About PayWithMyBank

PayWithMyBank is a company based in Redwood City (United States) founded in 2012 was acquired by Trustly in February 2024.. The company has 14 employees as of December 31, 2015. PayWithMyBank operates in a competitive market with competitors including Stripe, Square, PayPal, Flutterwave and PayU, among others.

  • Headquarter Redwood City, United States
  • Employees 14 as on 31 Dec, 2015
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Paywithmybank, Inc
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    14

    as on Dec 31, 2015

  • Acquired by
    Trustly

    (Feb 29, 2024)

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Funding Insights of PayWithMyBank

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 PayWithMyBank

PayWithMyBank has secured backing from 1 investor. Prominent investors backing the company include Trustly. 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
Investor Description Founded Year Domain Location
Open banking payment processing is enabled for businesses and consumers.
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 PayWithMyBank

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 - PayWithMyBank

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

Paywithmybank Comparisons

Employees
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Competitors of PayWithMyBank

PayWithMyBank 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 Stripe, Square, PayPal, Flutterwave and PayU, 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
Payment processing and card issuance solutions are provided for businesses.
domain founded_year HQ Location
POS solutions are provided for retail businesses.
domain founded_year HQ Location
Online payment solutions are offered to consumers and businesses.
domain founded_year HQ Location
Provider of payment processing solutions for businesses
domain founded_year HQ Location
Online payment processing and credit solutions are provided for businesses.
domain founded_year HQ Location
Payment processing and treasury management solutions are offered to 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 Paywithmybank

Frequently Asked Questions about PayWithMyBank

When was PayWithMyBank founded?

PayWithMyBank was founded in 2012.

Where is PayWithMyBank located?

PayWithMyBank is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.

How many employees does PayWithMyBank have?

As of Dec 31, 2015, the latest employee count at PayWithMyBank is 14.

What does PayWithMyBank do?

PayWithMyBank was founded in 2012 and is based in Redwood City, United States. As a fintech payment gateway, operations focus on a hosted portal that allows online purchases and recurring payments to be processed directly from bank accounts. Users are redirected to their banks login page for transaction authentication, avoiding card-related fees and ensuring no customer data is stored by the service.

Who are the top competitors of PayWithMyBank?

PayWithMyBank's top competitors include Stripe, PayU and Flutterwave.

Who are PayWithMyBank's investors?

PayWithMyBank has 1 investor. Key investors include Trustly.

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