About UniTeller
UniTeller is a company based in Mcallen (United States) founded in 1993 was acquired by Banorte in April 2006.. UniTeller has completed 1 acquisition, including More payment evolution. UniTeller offers products and services including Cross-Border Pay, Cross-Border Send, Instapago, Business Payments, and Digital Link. UniTeller operates in a competitive market with competitors including Remitly, Euronet Worldwide, Xoom, BookMyForex and NALA, among others.
- Headquarter Mcallen, United States
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Sectors
Financial Services
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Phone
*********
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Website
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Social
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- Legal Name Servicio Uniteller, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Banorte
(Apr 26, 2006)
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Products & Services of UniTeller
UniTeller offers a comprehensive portfolio of products and services, including Cross-Border Pay, Cross-Border Send, Instapago, Business Payments, and Digital Link. 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.
Enables international fund transfers for corporations and banks.
Facilitates real-time money transfers to global networks.
Offers remittance solutions for retailers in over 120 countries.
Streamlines cross-border payments for businesses via digital tools.
Provides online payment solutions for entering remittance markets.
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Funding Insights of UniTeller
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in UniTeller
UniTeller has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Banorte. 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.
| Investor | Description | Founded Year | Domain | Location |
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Commercial banking services are provided to individuals and corporations.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by UniTeller
UniTeller has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include More payment evolution. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cross-border payment processing solutions are offered to businesses.
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2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - UniTeller
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Uniteller Comparisons
Competitors of UniTeller
UniTeller 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 Remitly, Euronet Worldwide, Xoom, BookMyForex and NALA, 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 |
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| domain | founded_year | HQ Location |
Cross-border money transfers are facilitated via banking networks.
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Electronic payments and transaction processing solutions are offered globally.
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| domain | founded_year | HQ Location |
Cross-border money transfers are enabled via banking channels.
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| domain | founded_year | HQ Location |
Online foreign exchange and remittance services are facilitated in India.
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| domain | founded_year | HQ Location |
Cross-border remittances are enabled online for individuals worldwide.
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| domain | founded_year | HQ Location |
International money transfer service provider.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Uniteller
Frequently Asked Questions about UniTeller
When was UniTeller founded?
UniTeller was founded in 1993.
Where is UniTeller located?
UniTeller is headquartered in Mcallen, United States. It is registered at Mcallen, Texas, United States.
What does UniTeller do?
UniTeller was established in 1993 as a wholly owned subsidiary of the Banorte Group, operating in the financial services sector focused on remittances. Money transfers are processed through an online platform, where funds are sent directly to recipients bank accounts in Mexico, Latin America, and Asia. Operations are supported by a network that includes agent channels for distribution. The company is headquartered in McAllen, United States.
Who are the top competitors of UniTeller?
UniTeller's top competitors include Azimo, Euronet Worldwide and NALA.
What products or services does UniTeller offer?
UniTeller offers Cross-Border Pay, Cross-Border Send, Instapago, Business Payments, and Digital Link.
How many acquisitions has UniTeller made?
UniTeller has made 1 acquisition, including More payment evolution.
Who are UniTeller's investors?
UniTeller has 1 investor. Key investors include Banorte.
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