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
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$12 M (USD)
in 2 rounds
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Latest Funding Round
$12 M (USD), Series B
Oct 08, 2025
- Investors
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Employee Count
Not available
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People of SimplyWise
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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.
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 |
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Venture capital fund investing in early-stage start-ups
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Investor details for SimplyWise
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Investments & Acquisitions by SimplyWise
Investment portfolio details for SimplyWise
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Financial Statements - SimplyWise
Detailed financials for SimplyWise
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Simplywise Comparisons
Peer comparison for SimplyWise
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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 year | HQ Location | Description |
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Manages electronic invoices from tickets, classifies expenses, and generates reports.
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Serves as a personal finance manager for home bookkeeping and financial tracking.
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Prepaid card services including issuance, transaction tracking, and app management.
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Detailed competitors of SimplyWise
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Latest news on Simplywise
Complete news archive for SimplyWise
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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.