About RiftPay
RiftPay is a company based in Dallas (United States) founded in 2018. It operates as a B2C. RiftPay has raised $100 thousand across 1 funding round from investors including Gener8tor. RiftPay operates in a competitive market with competitors including Four, Evenly, Glassjar, Harvesting Currency and Splitsy, among others.
- Headquarter Dallas, United States
- SectorsFinancial Services
- Website ww25.riftpay.io/?subid1=20250405-2027-39fb-8fcb-301a5f342721
- Social X Facebook
- Total Equity Funding$100K (USD)
in 1 rounds
- Latest Funding Round$100K (USD), Seed
Apr 2021
- Investors
Funding Insights of RiftPay
RiftPay has successfully raised a total of $100K through 1 strategic funding round. The most recent funding activity was a Seed round of $100 thousand completed in April 2021. 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 $100,000
- Total Rounds 1
- Last Round Seed — $100,000
- First Round $100,000
(Apr 2021)
- Investors Count 1
All 1 funding rounds of RiftPay 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 |
|---|---|---|---|---|---|
| Apr 2021 | $100,000 | Seed | – | Gener8tor | – |
1 investors in total: 1 institutional.
Investors in RiftPay
RiftPay has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Gener8tor.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated via a 12-week program with funding support. | 2012 | gener8tor.com | Madison, United States |
Investor details for RiftPay
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.
Timeline of RiftPay
2 dated milestones of RiftPay across 3 years, from founding to its latest funding, stage changes and deals.
- Founded RiftPay is founded.
- Funding First funding round of $100K.
Competitors of RiftPay
RiftPay 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 Four, Evenly, Glassjar, Harvesting Currency and Splitsy, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| paywithfour.com | 2018 | North Miami Beach, United States | – | – | Payment splitting is facilitated via four interest-free installments for purchases. | |
| evenly.com | 2012 | California, United States | – | – | Bills are split among friends via a mobile wallet app. | |
| glassjar.co | 2013 | Mountain View, United States | $120,000 | – | Enables efficient group payments for users and businesses. | |
| paydivvy.com | 2009 | Irvine, United States | $1.11M | – | Online social bill payments platform (company sold and website taken down) | |
| splitsy.app | 2020 | Kansas, United States | – | – | App-based bill splitting and payments are enabled for consumers. |
Detailed competitors of RiftPay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to RiftPay
10 companies that operate in the same segment as RiftPay (Housing Finance), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Operates an online platform for educational loans tailored to students. | 2019 | Bengaluru, Karnataka, India | – | USD 24.31 M | 1,250 | |
Loans for housing and business are provided by Aavas Financiers in India. | 2011 | Jaipur, Rajasthan, India | – | USD 99.6 M | 6,379 | |
Affordable housing and community support services are provided. | 2016 | Newbury, England, United Kingdom | – | – | – | |
Finance services encompassing loans and insurance in India. | 1991 | Jaipur, Rajasthan, India | – | USD 8.21 M | – | |
Functions as an urban co-operative bank providing financial services to members. | 1906 | Pune, Maharashtra, India | – | – | – | |
Platform for booking verified student housing near universities worldwide. | 2016 | Noida, Uttar Pradesh, India | USD 2.63 M | USD 491.7 K | – | |
Serves as a provider of home loan financing solutions. | 2013 | Palwal, Haryana, India | – | USD 12.79 M | 419 | |
Provides residential and commercial property loan solutions. | – | Mumbai, Maharashtra, India | – | USD 9.31 M | 1,730 | |
Short-term financing is offered for residential construction projects. | 2005 | Calgary, Alberta, Canada | – | USD 5.55 M | 49 | |
Piramal Housing Finance, a Piramal Group subsidiary, specializes in home loans for individuals. | 2017 | Mumbai, Maharashtra, India | – | USD 779.37 M | 941 |
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Frequently Asked Questions about RiftPay
RiftPay was founded in 2018 and raised its 1st funding round 3 years after it was founded.
RiftPay is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
RiftPay is a funded company, having raised a total of $100K across 1 funding round to date. The company's 1st funding round was a Seed of $100K, raised on Apr 2021.
RiftPay functions as a mortgage broker facilitating home loan services, focusing on finance, offering financial products and advice, brokerage, and mortgage services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
RiftPay's top competitors include Four, Evenly and Harvesting Currency.
RiftPay has 1 investor. Key investors include Gener8tor.