About SimplyWise
SimplyWise is a company based in New York (United States) founded in 2018 by Sam Abbas. SimplyWise has raised $12 million across 2 funding rounds from investors including QED Investors. SimplyWise operates in a competitive market with competitors including Facturame, Cloudfinapps and Manage My Card, among others.
- Headquarter New York, United States
- Founders Sam Abbas
- SectorsTechnology
- Email••••••••
- Website simplywise.com
- Social LinkedIn
- Total Equity Funding$12M (USD)
in 2 rounds
- Latest Funding Round$12M (USD), Series B
Oct 2025
- Investors
Apps and channels of SimplyWise
SimplyWise publishes 2 mobile apps with over 150K+ downloads.
Funding Insights of SimplyWise
SimplyWise has successfully raised a total of $12M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $12 million completed in October 2025. 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 $12M
- Total Rounds 2
- Last Round Series B — $12M
- Investors Count 1
All 2 funding rounds of SimplyWise 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 |
|---|---|---|---|---|---|
| Oct 2025 | $12M | Series B | – | – | – |
| Jun 2019 | – | Seed | – | QED Investors | – |
1 investors in total: 1 institutional.
Investors in SimplyWise
SimplyWise has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include QED Investors.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund investing in early-stage start-ups | – | qedinvestors.com | Alexandria, United States |
Investor details for SimplyWise
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.
People of SimplyWise
6 people are tracked at SimplyWise (2 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Sam Abbas | Founder | Leadership |
Allie Fleder | Co-founder & COO | Leadership |
Matej Dolenec | Growth Consultant | Team |
Morgan Geran | Product Marketing & Cs/x | Team |
Federico Ariel M. | Product Data Analyst | Team |
Yiting Xiao | Fullstack Engineer | Team |
Complete people profiles for SimplyWise
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of SimplyWise
3 dated milestones of SimplyWise across 7 years, from founding to its latest funding, stage changes and deals.
- Founded SimplyWise is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $12.0M.
Competitors of SimplyWise
SimplyWise 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 Facturame, Cloudfinapps and Manage My Card, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| facturame.mx | 2015 | Monterrey, Mexico | – | – | Manages electronic invoices from tickets, classifies expenses, and generates reports. | |
| cloudfinapps.com | 2015 | Chesterbrook, United States | – | – | Serves as a personal finance manager for home bookkeeping and financial tracking. | |
| managemycard.com | 2003 | Sioux Falls, United States | – | – | Prepaid card services including issuance, transaction tracking, and app management. |
Detailed competitors of SimplyWise
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.
Web traffic of SimplyWise
The website of SimplyWise (simplywise.com) receives about 207K visits a month.
- Monthly visits207K
▼ 7.6% vs previous month
Websites whose visitors overlap most with SimplyWise. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| lead.bank | 100% | 78.3K | #460,863 | View details | |
| probiller.com | 96% | – | #115,402 | View details | |
| ccbill.com | 96% | – | #33,108 | View details | |
| nayax.com | 96% | 463.7K | #108,446 | View details | |
| oportun.com | 96% | 397.1K | #103,139 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 27 similar websites and full traffic analytics for SimplyWise
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 27 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Simplywise
Complete news archive for SimplyWise
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to SimplyWise
10 companies that operate in the same segment as SimplyWise (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.73 B | USD 2.98 B | 2,300 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | – | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | – | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | – | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | – |
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Frequently Asked Questions about SimplyWise
SimplyWise was founded in 2018 and raised its 1st funding round 1 year after it was founded.
SimplyWise is headquartered in New York, United States. It is registered at New York, New York, United States.
SimplyWise is a funded company, having raised a total of $12M across 2 funding rounds to date.
Online platform with retirement planning and savings solutions for individuals. Its features include tools for scanning and organizing receipts and documents, organizing bills based on stores, items, and dates, and setting aside funds as savings for payment of bills, taxes, or plans. It also provides reminders, notifications, and alerts to assist users.
SimplyWise's top competitors include Facturame, Cloudfinapps and Manage My Card.
SimplyWise has 1 investor. Key investors include QED Investors.
Yes. SimplyWise publishes SimplyWise Cost Estimator and 1 more app, with over 150,000 downloads.
The website of SimplyWise receives about 207 thousand visits a month.