About Rize FS
Rize FS is a Financial Services company based in Arlington (United States) founded in 2015, and was acquired by Fifth Third Bancorp in May 2023. Open banking API solutions are provided for financial institutions. Rize FS has raised $15.16 million across 2 funding rounds from investors including Fifth Third Bancorp, Graham Holdings Co and Alpha Edison. The company was acqui-hired. Its focus areas include FinTech, Banking Tech, Open Banking and Banking APIs. Its competitors include Zeta, Finix and Apiture; 3 of its 3 listed competitors have raised funding.
Company details
Rize was founded in 2015 and is headquartered in Arlington, United States. Open banking API solutions are delivered by the company to financial and non-financial institutions within the fintech sector. Digital banking services, including accounts, payment cards, and customer onboarding, are enabled for end users. Data is supplied for compliance monitoring, fraud detection, customer support, and banking operations. Integrations are facilitated to connect applications with networks of financial institutions.
- Headquarters Arlington, United States
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Website rizefs.com
- Social LinkedIn X
- Acquired by Fifth Third Bancorp (May 2023)
- Total Equity Funding$15.16M (USD)
in 2 rounds
- Latest Funding Round$11.4M (USD), Series A
Sep 2021
- InvestorsFifth Third Bancorp
& 9 more
- Acquired byFifth Third Bancorp
(May 2023)
Funding Insights of Rize FS
Rize FS has successfully raised a total of $15.16M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $11.4 million completed in September 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 $15.16M
- Total Rounds 2
- Last Round Series A — $11.4M
- First Round $3.76M
(May 2020)
- Investors Count 9
All 2 funding rounds of Rize FS 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 |
|---|---|---|---|---|---|
| Sep 2021 | $11.4M | Series A | – | Alpha Edison, Morpheus Ventures | |
| May 2020 | $3.76M | Series A | – | – | – |
10 investors in total: 10 institutional.
Investors in Rize FS
Rize FS has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Fifth Third Bancorp, Graham Holdings Co and Alpha Edison.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Series A and growth-stage investments are made by Alpha Edison. | alphaedison.com | Los Angeles, United States | ||
Early-stage technology investments are managed by Morpheus Ventures. | morpheus.com | Los Angeles, United States | ||
Room40 is recognized as an investment firm in crypto. | room40.xyz | |||
Walkabout Ventures is focused on seed investments in financial startups. | walkabout.vc | |||
Early-stage startups are funded by Third Prime venture capital firm. | thirdprime.vc | New York, United States | ||
Investments are made in seed and early-stage US tech companies. | redandblue.vc | Philadelphia, United States | ||
Revolution is recognized as a D.C.-based investment firm. | revolution.com | Washington, Dc, United States | ||
Offers IT consulting services for technology strategy and implementation. | 2018 | raptorx.co.uk | United Kingdom | |
Diversified media broadcasting and educational services are operated. | 1877 | ghco.com | ||
Commercial bank | 1858 | 53.com | Cincinnati, United States |
Investor details for Rize FS
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Timeline of Rize FS
4 dated milestones of Rize FS across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Rize FS is founded.
- Funding First funding round of $3.8M.
- Funding Latest funding round, Series A, of $11.4M.
- Exit Acquired by Fifth Third Bancorp.
Competitors of Rize FS
Rize FS has 3 listed competitors in our database, 3 of them funded. They include Zeta, Finix and Apiture.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zeta.tech | 2015 | San Ramon, United States | $390M | 1,278 | Payment and banking solutions are provided to users and banks. | |
| finix.com | 2015 | San Francisco, United States | $200.5M | 118 | API-enabled platform for business payment processing is provided. | |
| apiture.com | 2017 | Wilmington, United States | $59.71M | 258 | Open banking APIs are delivered to financial institutions and banks. |
Detailed competitors of Rize FS
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- Full competitor set
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Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Rize FS (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
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Frequently Asked Questions about Rize FS
Rize FS was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Rize FS is headquartered in Arlington, United States. It is registered at Arlington, Virginia, United States.
Rize FS is a funded company, having raised a total of $15.16M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.76M, raised on May 2020.
Rize was founded in 2015 and is headquartered in Arlington, United States. Open banking API solutions are delivered by the company to financial and non-financial institutions within the fintech sector. Digital banking services, including accounts, payment cards, and customer onboarding, are enabled for end users. Data is supplied for compliance monitoring, fraud detection, customer support, and banking operations. Integrations are facilitated to connect applications with networks of financial institutions.
Rize FS has 10 investors. Key investors include Fifth Third Bancorp, Graham Holdings Co, Alpha Edison, Morpheus Ventures, and Room40.
Yes. Rize FS was acquired by Fifth Third Bancorp in May 2023.