Railsr

Singapore, Singapore Founded: 2016 • Age: 10 yrs Acquired By D Squared Capital
Embedded finance platforms are provided for seamless business integrations.
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About Railsr

Railsr is a company based in Singapore (Singapore) founded in 2016 was acquired by D Squared Capital in March 2023.. Railsr has raised $177.39 million across 9 funding rounds from investors including CreditEase, Mitsui Fudosan and Ventura Securities. Railsr has completed 1 acquisition, including Unifimoney. Railsr offers products and services including Banking as a Service and Cards as a Service. Railsr operates in a competitive market with competitors including Zeta, Tink, TrueLayer, Banked and Weavr, among others.

  • Headquarter Singapore, Singapore
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Payrnet
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $2.78 M (USD)
    262
    as on Dec 31, 2021
  • Net Profit
    $-1.94 M (USD)
    -15
    as on Dec 31, 2021
  • EBITDA
    $-1.94 M (USD)
    -15
    as on Dec 31, 2021
  • Total Equity Funding
    $177.39 M (USD)

    in 9 rounds

  • Latest Funding Round
    $24 M (USD), Series C

    Oct 27, 2023

  • Investors
    CreditEase

    & 15 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    D Squared Capital

    (Mar 10, 2023)

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Products & Services of Railsr

Railsr offers a comprehensive portfolio of products and services, including Banking as a Service and Cards as a Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

API platform for embedding banking functionalities into applications

Service for integrating virtual and physical card options

People of Railsr
Headcount 200-500
Employee Profiles 43
Employee Profiles
People
Rumen Atanasov
Senior Payments Operations Manager
People
Domas Ivanauskas
Product Manager
People
Noor Rashid
Senior Reconciliation Analyst
People
Rebecca B.
Customer Operations Manager

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Funding Insights of Railsr

Railsr has successfully raised a total of $177.39M across 9 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
  • Total Rounds 9
  • Last Round Series C — $24.0M
  • First Round

    (16 Sep 2016)

  • Investors Count 16
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2023 Amount Series C - Railsr Valuation D Squared Capital
Oct, 2022 Amount Debt – Conventional - Railsr Valuation

investors

Oct, 2022 Amount Series C - Railsr Valuation Anthos Capital
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 Railsr

Railsr has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include CreditEase, Mitsui Fudosan and Ventura Securities. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
A global investment firm focused on transformative capital solutions.
Founded Year Domain Location
Investments are directed by Moneta toward data science technology startups.
Founded Year Domain Location
Investments are directed toward late-stage and growth-stage technology companies.
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 Railsr

Railsr has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Unifimoney. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
App-based robo-advisory platform is offered for individual investments.
2019
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Railsr

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

Railsr Comparisons

Employees
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Competitors of Railsr

Railsr 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 Zeta, Tink, TrueLayer, Banked and Weavr, 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 and banking solutions are provided to users and banks.
domain founded_year HQ Location
Tink is recognized as a leading European open banking platform.
domain founded_year HQ Location
Provider of open banking API solutions for payment institutions
domain founded_year HQ Location
Open banking APIs for payments and data access are provided.
domain founded_year HQ Location
SaaS-based financial software is provided for digital businesses.
domain founded_year HQ Location
Financial software solutions for lending, payments, and banking are provided.
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 Railsr

Frequently Asked Questions about Railsr

When was Railsr founded?

Railsr was founded in 2016.

Where is Railsr located?

Railsr is headquartered in Singapore, Singapore.

Who is the current CEO of Railsr?

Philippe Morel is the current CEO of Railsr.

Is Railsr a funded company?

Railsr is a funded company, having raised a total of $177.39M across 9 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $20M, raised on Sep 16, 2016.

What is the annual revenue of Railsr?

Annual revenue of Railsr is $2.78M as on Dec 31, 2021.

What does Railsr do?

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.

Who are the top competitors of Railsr?

Railsr's top competitors include Zeta, Tink and TrueLayer.

What products or services does Railsr offer?

Railsr offers Banking as a Service and Cards as a Service.

How many acquisitions has Railsr made?

Railsr has made 1 acquisition, including Unifimoney.

Who are Railsr's investors?

Railsr has 16 investors. Key investors include CreditEase, Mitsui Fudosan, Ventura Securities, Cohen & Co, and DSQ.

What is Railsr's valuation?

The valuation of Railsr is $36.46M as of Aug 2019.

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