TODAQ

Toronto, Canada Founded: 2017 • Age: 9 yrs
Open banking APIs for micropayments are facilitated with low-code integration.
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About TODAQ

TODAQ is a company based in Toronto (Canada) founded in 2017 by Toufi Saliba and Hassan Khan.. TODAQ has raised $5 million across 1 funding round from investors including GEMS Education, ThreeD Capital and Hncorp. TODAQ has completed 1 acquisition, including Quantius. TODAQ offers products and services including TAPP and TAPP Native Video Streaming. TODAQ operates in a competitive market with competitors including Zeta, Prime Trust, AuthBridge, Fispan and Buckzy, among others.

  • Headquarter Toronto, Canada
  • Founders Toufi Saliba, Hassan Khan
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $5 M (USD), Series A

    Oct 01, 2019

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of TODAQ

TODAQ offers a comprehensive portfolio of products and services, including TAPP and TAPP Native Video Streaming. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Facilitates instant micropayments for video rentals and purchases.

Enables content streaming with one-click micropayments without subscriptions.

People of TODAQ
Headcount 10-50
Employee Profiles 4
Employee Profiles
People
Hassan Khan
Co-Founder & CEO
People
Nicholas Mumford
Chief Financial Officer
People
Cory Sulpizi
Software Engineer

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Funding Insights of TODAQ

TODAQ has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in October 2019. 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
  • Total Rounds 1
  • Last Round Series A — $5.0M
  • First Round

    (01 Oct 2019)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2019 Amount Series A - TODAQ Valuation ThreeD Capital , Hncorp
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in TODAQ

TODAQ has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include GEMS Education, ThreeD Capital and Hncorp. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm focused on multiple sectors
Founded Year Domain Location
-
Founded Year Domain Location
K-12 schools are operated worldwide by GEMS Education.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by TODAQ

TODAQ has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Quantius. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Business term loans are provided to enterprises for financing needs.
2015
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - TODAQ

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Todaq Comparisons

Employees
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Competitors of TODAQ

TODAQ 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 Zeta, Prime Trust, AuthBridge, Fispan and Buckzy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Payment and banking solutions are provided to users and banks.
domain founded_year HQ Location
Cloud-based AML and banking API solutions are provided for institutions.
domain founded_year HQ Location
Identity verification, employee screening, and due diligence platforms are provided.
domain founded_year HQ Location
Banking integration platform for ERP and accounting software is provided.
domain founded_year HQ Location
Cross-border money transfers are provided for consumers and small businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Todaq

Frequently Asked Questions about TODAQ

When was TODAQ founded?

TODAQ was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is TODAQ located?

TODAQ is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Who is the current CEO of TODAQ?

Hassan Khan is the current CEO of TODAQ. They have also founded this company.

Is TODAQ a funded company?

TODAQ is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Oct 01, 2019.

What does TODAQ do?

TODAQ was founded in 2017 in Toronto, Canada, within the fintech sector. Open banking API solutions are developed to support micropayments, utilizing cloud-enabled infrastructure. A single low-code integration is provided for sending and validating micro-payments. Operations focus on enabling seamless financial transactions through these APIs, serving clients in the payments industry across North America.

Who are the top competitors of TODAQ?

TODAQ's top competitors include Zeta, Fispan and AuthBridge.

What products or services does TODAQ offer?

TODAQ offers TAPP and TAPP Native Video Streaming.

How many acquisitions has TODAQ made?

TODAQ has made 1 acquisition, including Quantius.

Who are TODAQ's investors?

TODAQ has 3 investors. Key investors include GEMS Education, ThreeD Capital, and Hncorp.

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