About Switcho
Switcho is a Technology company based in Milan (Italy) founded in 2018, and was acquired by Mavriq in July 2024. It operates as an app-based expense management platform. Switcho has raised $2.35 million across 1 funding round from investors including Mavriq. Its website switcho.it draws about 694 thousand monthly visits. Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Expense Management. Its competitors include Dez it.
Company details
Switcho was founded in 2018 in Milan, Italy, as an app-based platform in the fintech sector. Daily and monthly expenses are tracked and optimized through market offers tailored to user situations. Savings proposals are generated to reduce costs, while paperwork is eliminated by enabling online payments for utilities such as electricity, gas, internet, and mobile bills. Operations focus on simplifying personal finance management across Italy.
- Headquarters Milan, Italy
- Stage Acquired
- SectorsTechnology
- Website category Business and Consumer Services · Marketing and Advertising
- Email••••••••
- Website switcho.it
- Social LinkedIn Facebook Instagram
- Acquired by Mavriq (Jul 2024)
Funding Insights of Switcho
Switcho has successfully raised a total of $2.35M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.35 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 $2.35M
- Total Rounds 1
- Last Round Seed — $2.35M
- First Round $2.35M
(Sep 2021)
All 1 funding rounds of Switcho 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 | $2.35M | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in Switcho
Switcho has secured backing from 1 investor. Prominent investors backing the company include Mavriq.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Mavriq is focused on providing digital comparison platforms for consumers. | – | mavriq.com | - |
Investor details for Switcho
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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People of Switcho
16 people are tracked at Switcho (6 in leadership, 10 in team).
| Name | Role | Group |
|---|---|---|
Andrea Sorella | Chief Of Staff | Leadership |
Francesco Laffi | CTO & Co-founder | Leadership |
Marco Tricarico | CEO | Leadership |
Redi Vyshka | COO | Leadership |
Giulia Contessa | Head of Design | Leadership |
Brikena Hatija | Head Of Operations | Leadership |
🖥️ Francesco Lodovici | Front End Tech Lead | Team |
Andreas Melgrati | QA Engineer | Team |
Rizland Coku | Operations Manager | Team |
Orjada Kënuti | Back Office Operator | Team |
Anjeza Skenderasi | Operations manager | Team |
Bruno Zanchettin | Backend Engineer | Team |
🥁 Davide F. | Backend Engineer | Team |
Ingrid Daci | Costumer Care Chat | Team |
Cesare Cocito | Frontend Engineer | Team |
Marco Panzeri | Frontend Engineer | Team |
Complete people profiles for Switcho
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 Switcho
3 dated milestones of Switcho across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Switcho is founded.
- Funding First funding round of $2.4M.
- Exit Acquired by Mavriq.
Competitors of Switcho
Switcho has 1 listed competitor in our database. They include Dez it, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dezit.it | 2020 | Bergamo, Italy | – | – | Offers an app-based platform for managing gas and electricity subscriptions. |
Detailed competitors of Switcho
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Switcho
The website of Switcho (switcho.it) receives about 694.3K visits a month and ranks #75,900 among all websites worldwide, #1,914 in Marketing and Advertising.
- Monthly visits694.3K
▲ 17.5% vs previous month
- Unique visitors344K
per month
- Global rank#75,900
among all websites
- Category rank#1,914
Business and Consumer Services · Marketing and Advertising
- Bounce rate36%
- Pages per visit3.5
- Average visit1 min 21 sec
- DevicesDesktop 33% · Mobile 67%
Websites whose visitors overlap most with Switcho. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| fiscozen.it | 100% | 1.3M | #37,188 | View details | |
revoluce.it | revoluce.it | 93% | – | #1,473,824 | – |
euromediaresearch.it | euromediaresearch.it | 93% | – | #794,415 | – |
| immobiliare.it | 88% | 41.3M | #625 | View details | |
| facile.it | 82% | 4.2M | #14,168 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Switcho
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Investment & Financial Technology
10 companies that operate in the same segment as Switcho (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 5.58 B | USD 2.98 B | 4,841 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | 14,747 | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | 2,713 | |
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 | – | 602 | |
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 | – | 674 | |
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 | – | 1,524 |
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Related news about Switcho
Complete news archive for Switcho
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- Older coverage
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Frequently Asked Questions about Switcho
Switcho was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Switcho is headquartered in Milan, Italy. It is registered at Milan, Lombardy, Italy.
Switcho is a funded company, having raised a total of $2.35M across 1 funding round to date. The company's 1st funding round was a Seed of $2.35M, raised on Sep 2021.
Switcho was founded in 2018 in Milan, Italy, as an app-based platform in the fintech sector. Daily and monthly expenses are tracked and optimized through market offers tailored to user situations. Savings proposals are generated to reduce costs, while paperwork is eliminated by enabling online payments for utilities such as electricity, gas, internet, and mobile bills. Operations focus on simplifying personal finance management across Italy.
Switcho's top competitors include Dez it.
Switcho has 1 investor. Key investors include Mavriq.
Yes. Switcho was acquired by Mavriq in July 2024.
The website of Switcho receives about 694 thousand visits a month and ranks #75,900 among all websites worldwide.