About TIO Networks
TIO Networks is a company based in Vancouver (Canada) founded in 1997 was acquired by PayPal in February 2017. TIO Networks operates in a competitive market with competitors including DiGiSPICE, CIT VERiCASH, Paying taxes and Moneyline Plus, among others.
- Headquarter Vancouver, Canada
- Stage Public
- SectorsFinancial Services
- Website tionetworks.com
- Social LinkedIn X Facebook
- Acquired by PayPal (Feb 2017)
Funding Insights of TIO Networks
- Total Rounds 11
- Last Round Post-IPO — $3.67M
- First Round $803,000
(Dec 2000)
- Investors Count 4
Latest 10 of 11 funding rounds of TIO Networks 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 |
|---|---|---|---|---|---|
| Feb 2016 | $3.67M | Post-IPO | – | – | – |
| Sep 2015 | $1.65M | Post-IPO | – | – | – |
| Jun 2008 | – | Post-IPO | – | – | |
| Mar 2008 | $3.8M | Post-IPO | – | – | |
| Apr 2006 | $7M | Post-IPO | – | – | |
| Jan 2006 | $150,000 | Post-IPO | – | – | – |
| Jun 2004 | $2.07M | Post-IPO | – | – | – |
| Jun 2004 | $743,811 | Post-IPO | – | – | – |
| Oct 2003 | $360,000 | Post-IPO | – | – | – |
| Sep 2003 | $800,000 | Post-IPO | – | – | – |
5 investors in total: 5 institutional.
Investors in TIO Networks
TIO Networks has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include PayPal, Stifel and Canaccord Genuity Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on tech startups | – | iacapgroup.com | New York, United States | |
M&A advisory services are provided across multiple sectors. | 1982 | pifinancialcorp.com | Vancouver, Canada | |
Diversified investment management services are provided globally. | 1890 | stifel.com | St. Louis, United States | |
Merger and acquisitions advisory firm | 1950 | canaccordgenuity.com | Toronto, Canada | |
Online payment solutions are offered to consumers and businesses. | 1998 | paypal.com | San Jose, United States |
Investor details for TIO Networks
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
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Timeline of TIO Networks
5 dated milestones of TIO Networks across 20 years, from founding to its latest funding, stage changes and deals.
- Founded TIO Networks is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $803K.
- Funding Latest funding round, Post-IPO, of $3.7M.
- Exit Acquired by PayPal.
Competitors of TIO Networks
TIO Networks 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 DiGiSPICE, CIT VERiCASH, Paying taxes and Moneyline Plus, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| digispice.com | 2000 | Noida, India | – | 1,172 | Provides suite solutions for government agencies | |
| citvericash.com | 2000 | Cairo, Egypt | – | – | Mobile payment software is provided to financial institutions and operators. | |
| payyourtaxesonline.ca | 2016 | Toronto, Canada | – | – | Operates a digital hub for paying taxes through banks. | |
| moneylineplus.com | 2020 | Canada | – | – | Offers agent-based solutions for bill payments and money transfers. |
Detailed competitors of TIO Networks
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 TIO Networks
Websites that share an audience with TIO Networks (tionetworks.com).
Websites whose visitors overlap most with TIO Networks. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
tioexpress.com | tioexpress.com | 100% | – | – | – |
usa.visa.com | usa.visa.com | 96% | – | – | – |
| mobilepaymentstoday.com | 96% | – | – | View details | |
| teleasy.com | 64% | – | #1,791,644 | View details | |
| atmexperts.com | 59% | – | #7,496,359 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for TIO Networks
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Tio Networks
Complete news archive for TIO Networks
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
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Similar companies to TIO Networks
10 companies that operate in the same segment as TIO Networks (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about TIO Networks
TIO Networks was founded in 1997 and raised its 1st funding round 3 years after it was founded.
TIO Networks is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
TIO Networks was founded in 1997 in Vancouver, Canada, and operates in the payment processing sector. Cloud-based solutions are provided to telecom carriers, businesses, and merchants for handling bill payments, targeting underbanked and unbanked consumers in the U.S. Self-service kiosks enable cash transactions, while counter POS systems and APIs support walk-in payments at retailers. Merchant-branded web and mobile apps are also offered with embedded payment engines for online processing.
TIO Networks's top competitors include DiGiSPICE, CIT VERiCASH and Paying taxes.
TIO Networks has 5 investors. Key investors include PayPal, Stifel, Canaccord Genuity Group, PI Financial, and IA Capital Group.
Yes. TIO Networks was acquired by PayPal in February 2017.