About Tyfone
Tyfone is a company based in Portland (United States) founded in 2004 by Tom Spitzer, Prabhakar Tadepalli, and Siva G Narendra. Tyfone has raised $38.31 million across 9 funding rounds from investors including HDFC Mutual Fund, RPX Corporation and Polaris Consulting & Services. The company has 116 employees as of March 27, 2024. Tyfone offers products and services including nFinia Retail Digital Banking, nFinia Business Digital Banking, Harmoney Management Console, FedNow Instant Payment Xchange™, and Skip-A-Pay. Tyfone operates in a competitive market with competitors including Amount, MANTL, Asseco, Bankingly and Narmi, among others.
- Headquarter Portland, United States
- Employees 116 as on 27 Mar, 2024
- Founders Tom Spitzer, Prabhakar Tadepalli, Siva G Narendra
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Tyfone Communications Development (India) Private Limited
- Date of Incorporation 13 Jul, 2004
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$3.35 M (USD)30.47as on Mar 31, 2023
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Net Profit
$387.47 K (USD)52.87as on Mar 31, 2023
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EBITDA
$752.79 K (USD)27.94as on Mar 31, 2023
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Total Equity Funding
$38.31 M (USD)
in 9 rounds
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Latest Funding Round
Not available
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Investors
HDFC Mutual Fund
& 6 more
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Employee Count
116
as on Mar 27, 2024
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Products & Services of Tyfone
Tyfone offers a comprehensive portfolio of products and services, including nFinia Retail Digital Banking, nFinia Business Digital Banking, Harmoney Management Console, FedNow Instant Payment Xchange™, and Skip-A-Pay.
Enables consumer banking services with enhanced security and features.
Supports business clients with tools for financial management.
Streamlines administrative tasks for financial institutions.
Facilitates secure and instant money transfers.
Allows automated loan payment skips for account holders.
Simplifies online loan repayments from various sources.
People of Tyfone
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Funding Insights of Tyfone
Tyfone has successfully raised a total of $38.31M across 9 strategic funding rounds. 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 Tyfone
Tyfone has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include HDFC Mutual Fund, RPX Corporation and Polaris Consulting & Services.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on tech companies
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Early stage venture capital firm investing in India and US
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Investor details for Tyfone
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Investments & Acquisitions by Tyfone
Investment portfolio details for Tyfone
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Financial Statements - Tyfone
Detailed financials for Tyfone
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Tyfone Comparisons
Peer comparison for Tyfone
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Competitors of Tyfone
Tyfone 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 Amount, MANTL, Asseco, Bankingly and Narmi, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Omnichannel banking solutions are provided for banks and lenders.
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MANTL is recognized for providing account origination software to banks and credit unions.
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Omnichannel banking solutions are provided for internet and mobile platforms.
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Cloud-based omnichannel banking solutions are provided to financial institutions.
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Omnichannel banking solutions are provided for banks and credit unions.
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Detailed competitors of Tyfone
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Latest news on Tyfone
Complete news archive for Tyfone
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Frequently Asked Questions about Tyfone
Tyfone was founded in 2004 and raised its 1st funding round 4 years after it was founded.
Tyfone is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
Siva G Narendra is the current CEO of Tyfone. They have also founded this company.
Tyfone is a funded company, having raised a total of $38.31M across 9 funding rounds to date.
As of Mar 27, 2024, the latest employee count at Tyfone is 116.
Annual revenue of Tyfone is $3.35M as on Mar 31, 2023.
Tyfone makes a mobile financial services platform, which allows banks to give customers a branded banking and payment system for mobile phones. Operating in any standard memory card slot, Tyfones u4ia platform and its companion SideTap memory card comprise the worlds first patented, neutral, and comprehensive memory card-based payments solution for mobile contactless payments. Tyfone and its partners enable a suite of services including Mobile Banking, Mobile Identity Management, Mobile Remote Payments, Mobile Retail Services and Mobile Contactless Payments.
Tyfone offers nFinia Retail Digital Banking, nFinia Business Digital Banking, Harmoney Management Console, FedNow Instant Payment Xchange™, and 2 more products and services.
Tyfone has 7 investors. Key investors include HDFC Mutual Fund, RPX Corporation, Polaris Consulting & Services, Ojas Venture Partners, and Demopolis Equity Partners.