About SaveChain
SaveChain is a company based in San Francisco (United States) founded in 2019.. SaveChain has raised $20 thousand across 1 funding round from investors including Techstars. SaveChain offers products and services including Forex Services and Offshore Payroll. SaveChain operates in a competitive market with competitors including yufin, CrowdForce, CIT VERiCASH, Skylight and Chomoka, among others.
- Headquarter San Francisco, 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 Finex Global Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20 K (USD)
in 1 rounds
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Latest Funding Round
$20 K (USD), Seed
Apr 13, 2023
- Investors
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Employee Count
Employee Count
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Products & Services of SaveChain
SaveChain offers a comprehensive portfolio of products and services, including Forex Services and Offshore Payroll. 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.
Delivers competitive rates for international money transfers.
Optimizes global payroll with real-time payments and exchange rates.
Funding Insights of SaveChain
SaveChain has successfully raised a total of $20K through 1 strategic funding round. The most recent funding activity was a Seed round of $20 thousand completed in April 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 Funding
- Total Rounds 1
- Last Round Seed — $20,000
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First Round
First Round
(13 Apr 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Seed - SaveChain | Valuation | Techstars |
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| 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 |
Investors in SaveChain
SaveChain has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Techstars. 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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Startups are accelerated globally without sector restrictions through structured programs.
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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 SaveChain
| 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 |
Financial Statements - SaveChain
| 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 |
Savechain Comparisons
Competitors of SaveChain
SaveChain 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 yufin, CrowdForce, CIT VERiCASH, Skylight and Chomoka, 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 |
Provider of merchant services acquiring and payments hub for small merchants
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| domain | founded_year | HQ Location |
Operates a decentralized network connecting micro businesses for enhanced collaboration.
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| domain | founded_year | HQ Location |
Mobile payment software is provided to financial institutions and operators.
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| domain | founded_year | HQ Location |
Correspondent banking services are provided to financial institutions from Atlanta.
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| domain | founded_year | HQ Location |
Provides correspondent banking solutions for savings groups and women.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about SaveChain
When was SaveChain founded?
SaveChain was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Where is SaveChain located?
SaveChain is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is SaveChain a funded company?
SaveChain is a funded company, having raised a total of $20K across 1 funding round to date. The company's 1st funding round was a Seed of $20K, raised on Apr 13, 2023.
What does SaveChain do?
SaveChain was established in 2019 in San Francisco, United States, within the fintech sector. Correspondent banking services are provided to enable non-residents to open U.S. bank accounts. Operations are centered on streamlining account access for international clients via the savechain.com platform. The focus remains on compliant financial infrastructure, supporting cross-border banking needs without direct U.S. residency requirements.
Who are the top competitors of SaveChain?
SaveChain's top competitors include yufin, CIT VERiCASH and Skylight.
What products or services does SaveChain offer?
SaveChain offers Forex Services and Offshore Payroll.
Who are SaveChain's investors?
SaveChain has 1 investor. Key investors include Techstars.