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
- SectorsFinancial Services
- Website savechain.com
- Social LinkedIn Facebook
- Legal Name Finex Global Llc
- Total Equity Funding$20K (USD)
in 1 rounds
- Latest Funding Round$20K (USD), Seed
Apr 2023
- Investors
Products & Services of SaveChain
SaveChain offers a comprehensive portfolio of products and services, including Forex Services and Offshore Payroll.
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 $20,000
- Total Rounds 1
- Last Round Seed — $20,000
- First Round $20,000
(Apr 2023)
- Investors Count 1
All 1 funding rounds of SaveChain 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 2023 | $20,000 | Seed | – | Techstars | – |
1 investors in total: 1 institutional.
Investors in SaveChain
SaveChain has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Techstars.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States |
Investor details for SaveChain
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 SaveChain
2 dated milestones of SaveChain across 4 years, from founding to its latest funding, stage changes and deals.
- Founded SaveChain is founded.
- Funding First funding round of $20K.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| yufin.co | 2021 | New York, United States | – | – | Provider of merchant services acquiring and payments hub for small merchants | |
| crowdforce.io | 2016 | San Francisco, United States | $3.73M | – | Operates a decentralized network connecting micro businesses for enhanced collaboration. | |
| citvericash.com | 2000 | Cairo, Egypt | – | – | Mobile payment software is provided to financial institutions and operators. | |
| skylight.net | 1998 | Atlanta, United States | – | – | Correspondent banking services are provided to financial institutions from Atlanta. | |
| chomoka.org | 2019 | Atlanta, United States | – | – | Provides correspondent banking solutions for savings groups and women. | |
| gatewaycorrespondent.com | 2012 | Dallas, United States | – | – | Provides mortgage lending programs and loan purchasing for financial institutions. | |
| sharedbranching.org | 2000 | Rancho Cucamonga, United States | – | – | Shared Branching is an app-based platform facilitating shared branching services. |
Detailed competitors of SaveChain
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 SaveChain
10 companies that operate in the same segment as SaveChain (Banking & FinTech Platforms), 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 | – | – | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 221.42 M | – | – | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.16 B | USD 1.96 B | 1,440 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.99 B | – | – | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 1.9 B | – | – | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.06 B | USD 813.42 M | 3,231 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 3 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, United Kingdom | USD 852.48 M | – | – |
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Frequently Asked Questions about SaveChain
SaveChain was founded in 2019 and raised its 1st funding round 4 years after it was founded.
SaveChain is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
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 2023.
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.
SaveChain's top competitors include yufin, CIT VERiCASH and Skylight.
SaveChain offers Forex Services and Offshore Payroll.
SaveChain has 1 investor. Key investors include Techstars.
SaveChain operates through Finex Global Llc.