About Ria Money
Ria Money is a company based in Buena Park (United States) founded in 1987 was acquired by Exencial Wealth in December 2023.. Ria Money has completed 2 acquisitions, including KYODAI REMITTANCE and Sikhona. Ria Money offers products and services including Money Transfer App, Online Platform, and In-Person Service. Ria Money operates in a competitive market with competitors including Remitly, Euronet Worldwide, Azimo, Xoom and BookMyForex, among others.
- Headquarter Buena Park, United States
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ria Financial Services, Denmark Aps
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
KYODAI REMITTANCE
& 1 more
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Acquired by
Exencial Wealth
(Dec 20, 2023)
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Products & Services of Ria Money
Ria Money offers a comprehensive portfolio of products and services, including Money Transfer App, Online Platform, and In-Person 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.
App for sending and tracking international money transfers securely.
Website for checking rates and initiating money transfers online.
In-store option for cash-based international money transfers.
Funding Insights of Ria Money
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Ria Money
Ria Money has secured backing from 1 investor. Prominent investors backing the company include Exencial Wealth. 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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Offers integrated financial planning, investment management, estate planning, and tax services.
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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 Ria Money
Ria Money has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include KYODAI REMITTANCE and Sikhona. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cross-border remittances are enabled via mobile app for individuals.
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2010 | ||||
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International remittance services are provided with multilingual support.
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Ria Money
| 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 |
Ria Money Comparisons
Competitors of Ria Money
Ria Money 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 Remitly, Euronet Worldwide, Azimo, Xoom and BookMyForex, 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 |
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| domain | founded_year | HQ Location |
Cross-border money transfers are facilitated via banking networks.
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| domain | founded_year | HQ Location |
Electronic payments and transaction processing solutions are offered globally.
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| domain | founded_year | HQ Location |
Cross-border money transfers are enabled via a digital banking channel.
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| domain | founded_year | HQ Location |
Cross-border money transfers are enabled via banking channels.
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| domain | founded_year | HQ Location |
Online foreign exchange and remittance services are facilitated in India.
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| domain | founded_year | HQ Location |
International money transfer service provider.
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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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Latest news on Ria Money
Frequently Asked Questions about Ria Money
When was Ria Money founded?
Ria Money was founded in 1987.
Where is Ria Money located?
Ria Money is headquartered in Buena Park, United States. It is registered at Buena Park, California, United States.
What does Ria Money do?
Ria Money was founded in 1987 in Buena Park, United States, and operates in the financial services sector as a cross-border money transfer platform. Users are required to register and submit recipient details, along with choices for payout methods such as bank account deposits or cash collection at agent locations, and their own payment information. Services are provided through the domain riamoneytransfer.com to support international remittances.
Who are the top competitors of Ria Money?
Ria Money's top competitors include Azimo, Euronet Worldwide and NALA.
What products or services does Ria Money offer?
Ria Money offers Money Transfer App, Online Platform, and In-Person Service.
How many acquisitions has Ria Money made?
Ria Money has made 2 acquisitions, including KYODAI REMITTANCE, and Sikhona.
Who are Ria Money's investors?
Ria Money has 1 investor. Key investors include Exencial Wealth.
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