About promize
promize is a company based in Dubai (United Arab Emirates) founded in 2022 was acquired by T2 in March 2024.. promize operates in a competitive market with competitors including Beldex, Saitama, U2U Network, TYB and FlyCoin, among others.
- Headquarter Dubai, United Arab Emirates
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Sectors
Financial Services
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Phone
*********
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Website
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Social
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Funding Insights of promize
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in promize
promize has secured backing from 1 investor. Prominent investors backing the company include T2. 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.
| Investor | Description | Founded Year | Domain | Location |
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Customized technological solutions are provided for business growth.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by promize
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - promize
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Promize Comparisons
Competitors of promize
promize 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 Beldex, Saitama, U2U Network, TYB and FlyCoin, 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 |
Blockchain ecosystem with zero-knowledge proofs for DApps is provided.
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| domain | founded_year | HQ Location |
Digital currency platforms for financial management and education are offered.
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| domain | founded_year | HQ Location |
Decentralized data platform
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| domain | founded_year | HQ Location |
A community rewards platform for brand engagement is operated.
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| domain | founded_year | HQ Location |
Ethereum-based crypto token enables global loyalty rewards transfers.
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| domain | founded_year | HQ Location |
A digital currency focused on the real estate market for users.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about promize
When was promize founded?
promize was founded in 2022.
Where is promize located?
promize is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
What does promize do?
Promize was founded in 2022 and is headquartered in Dubai, United Arab Emirates. The company operates in the cryptocurrency sector, where an online platform is maintained to offer utility tokens for use in global markets and financial infrastructure. Solutions are also provided for proof-of-stake mechanisms, payment transactions, and digital asset management, supporting various blockchain-based operations.
Who are the top competitors of promize?
promize's top competitors include U2U Network, TYB and Beldex.
Who are promize's investors?
promize has 1 investor. Key investors include T2.