About Railsr
Railsr is a Financial Services company based in Singapore (Singapore) founded in 2016, and was acquired by D Squared Capital in March 2023. Embedded finance platforms are provided for seamless business integrations. Railsr has raised $177.5 million across 11 funding rounds from investors including CreditEase, Mitsui Fudosan and Ventura Securities. Railsr has completed 1 acquisition, including Unifimoney. Railsr was last valued at $36.46 million in August 2019. Its chief executive, as recorded, is Philippe Morel. Railsr offers products and services including Banking as a Service and Cards as a Service. Its focus areas include FinTech, Banking Tech, Open Banking and Banking APIs. Its legal entity is PayrNet.
Company details
Railsr was founded in 2016 and is headquartered in Singapore. Embedded finance platform solutions are offered in the fintech sector, enabling businesses to incorporate services such as banking, digital wallets, and card issuance into their operations. APIs and tools are utilized for integration, regulatory compliance, and payment processing. Support is extended from prototyping through scaling, with a focus on operational efficiency across global markets.
- Headquarters Singapore, Singapore
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Website railsr.com
- Social LinkedIn X Facebook
- Acquired by D Squared Capital (Mar 2023)
- Legal Name Payrnet
- Annual Revenue$2.78 M (USD)262as on Dec 31, 2021
- Net Profit-$1.94 M (USD)-15as on Dec 31, 2021
- EBITDA-$1.94 M (USD)-15as on Dec 31, 2021
- Total Equity Funding$177.5M (USD)
in 11 rounds
- Latest Funding Round$24M (USD), Series C
Oct 2023
- InvestorsCreditEase
& 16 more
- Investments & Acquisitions
- Acquired byD Squared Capital
(Mar 2023)
Products & Services of Railsr
Railsr offers a comprehensive portfolio of products and services, including Banking as a Service and Cards as a Service.
API platform for embedding banking functionalities into applications
Service for integrating virtual and physical card options
Funding Insights of Railsr
Railsr has successfully raised a total of $177.5M across 11 strategic funding rounds. The most recent funding activity was a Series C round of $24 million completed in October 2023. 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 $177.5M
- Total Rounds 11
- Last Round Series C — $24M
- First Round $270,965
(Sep 2016)
- Investors Count 17
Latest 10 of 11 funding rounds of Railsr with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2023 | $24M | Series C | – | D Squared Capital | |
| Oct 2022 | $20M | Debt – Conventional | – | – | |
| Oct 2022 | $26M | Series C | – | Anthos Capital | |
| Jul 2021 | $70M | Series B | – | Anthos Capital | |
| Nov 2020 | $39.76M | Series A | – | – | |
| Apr 2020 | Series A | – | – | ||
| Aug 2019 | $13.22M | Series A | $36.46M | Moneta Capital Partners | |
| Jul 2018 | $117,347 | Seed | – | – | |
| Apr 2018 | $3.1M | Seed | – | – | – |
| Jul 2017 | $1.03M | Seed | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2019 | $36.46M | •••••••• |
Last known valuation $36.46M (Aug 2019). 17 investors in total: 17 institutional.
Investors in Railsr
Railsr has secured backing from 17 investors, including venture fund and institutional investors. Prominent investors backing the company include CreditEase, Mitsui Fudosan and Ventura Securities.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A global investment firm focused on transformative capital solutions. | dsquaredcap.com | |||
Investments are directed by Moneta toward data science technology startups. | monetavc.com | Bnei Brak, Israel | ||
Investments are directed toward late-stage and growth-stage technology companies. | marsgrowth.com | Singapore, Singapore | ||
Investment in innovative consumer and technology companies based in Santa Monica. | anthoscapital.com | |||
Seed and Series A investments are managed by Outrun Ventures. | outrunventures.com | London, United Kingdom | ||
Indonesian early-stage tech firms are funded by Central Capital Ventura. | centralcapital.vc | Jakarta, Indonesia | ||
Venture capital firm focused on financial sector | clocktowerventures.com | Santa Monica, United States | ||
Tech focused VC firm investing in seed stage startups in the UK | firestartr.co | London, United Kingdom | ||
Venture capital investments are directed toward early-stage fintech startups. | middlegamevc.com | Luxembourg, Luxembourg | ||
Venture capital firm focused on tech sectors | ventura.ae | London, United Kingdom |
Investor details for Railsr
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Railsr
43 people are tracked at Railsr (13 in leadership, 30 in team).
| Name | Role | Group |
|---|---|---|
Philippe Morel | Co-CEO | Leadership |
Merve Oldroyd | Head Of Risk Operations | Leadership |
Joe Steele | Director Of Workspace Technology | Leadership |
Louisa Murray | Chief Sales Officer (cso) | Leadership |
Jenny Trist | Chief People Officer | Leadership |
Deborah Taylor | HR Business Partner | Leadership |
Peter Gregory | Head Of Fp&a | Leadership |
Ella F. | Interim Head Of Anti-financial Crime Operations | Leadership |
Iwona Jordan | Group CFO | Leadership |
Mike R. | HR Business Partner | Leadership |
Adam M. | Chief Platform Officer & Group CISO | Leadership |
April Palmer Acca | Fp&a Business Partner | Leadership |
Leanne Menzies | Director Of Accounting And Finance Operations | Leadership |
Suresh Nambiar Mathusuthanan | Global Technical Success Team Lead | Team |
Rumen Atanasov | Senior Payments Operations Manager | Team |
Chima O. | Transaction Monitoring Team Lead | Team |
Domas Ivanauskas | Product Manager | Team |
Jane Meharry | Financial Controller | Team |
Awa C. | Senior Compliance Oversight Officer | Team |
Vimal Kumar | IT Support Manager (apac Region) | Team |
23 more people are available in the full profile.
Complete people profiles for Railsr
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Railsr
Railsr has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Unifimoney.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
App-based robo-advisory platform is offered for individual investments. | unifimoney.com | Mill Valley, United States | 2019 | Jul 2020 | •••• |
Complete acquisition details for Railsr
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Railsr
6 dated milestones of Railsr across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Railsr is founded.
- Funding First funding round of $271K.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Unifimoney.
- Exit Acquired by D Squared Capital.
- Funding Latest funding round, Series C, of $24.0M.
Web traffic of Railsr
The website of Railsr (railsr.com) receives about 9K visits a month.
- Monthly visits9K
▼ 24.9% vs previous month
Websites whose visitors overlap most with Railsr. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| payler.com | 100% | 402.2K | #102,129 | View details | |
fintechmagazine.com | fintechmagazine.com | 100% | #149,934 | – | |
ffnews.com | ffnews.com | 100% | #253,341 | – | |
| finextra.com | 80% | 205.3K | #220,532 | View details | |
| towerbrook.com | 68% | #1,410,100 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Railsr
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- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Railsr
Complete news archive for Railsr
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Frequently Asked Questions about Railsr
Railsr was founded in 2016.
Railsr is headquartered in Singapore, Singapore.
Philippe Morel is the CEO of Railsr, as recorded in our data.
Railsr is a funded company, having raised a total of $177.5M across 11 funding rounds to date. The company's 1st funding round was a Seed of $1.03M, raised on Sep 2016.
Annual revenue of Railsr is $2.78M as on Dec 31, 2021.
Railsr was founded in 2016 and is headquartered in Singapore. Embedded finance platform solutions are offered in the fintech sector, enabling businesses to incorporate services such as banking, digital wallets, and card issuance into their operations. APIs and tools are utilized for integration, regulatory compliance, and payment processing. Support is extended from prototyping through scaling, with a focus on operational efficiency across global markets.
Railsr offers Banking as a Service and Cards as a Service.
Railsr has made 1 acquisition, including Unifimoney.
Railsr has 17 investors. Key investors include CreditEase, Mitsui Fudosan, Ventura Securities, Cohen & Co, and DSQ.
The valuation of Railsr is $36.46M as of Aug 2019.
Railsr operates through Payrnet.
Yes. Railsr was acquired by D Squared Capital in March 2023.