About Unnax
Unnax is a company based in Barcelona (Spain) founded in 2015 was acquired by Powens in April 2024.. Unnax has raised $10.37 million across 2 funding rounds from investors including Grupo Elektra, Powens and Athos Capital. Unnax offers products and services including Account Aggregation, IBAN Accounts, Financial Indicators, and Payments. Unnax operates in a competitive market with competitors including Tink, TrueLayer, Prime Trust, AuthBridge and Eurobits, among others.
- Headquarter Barcelona, Spain
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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 Unnax Regulatory Services, Ede, Sl
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.37 M (USD)
in 2 rounds
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Latest Funding Round
$8.53 M (USD), Series A
Jan 14, 2021
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Investors
Grupo Elektra
& 4 more
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Employee Count
Employee Count
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Acquired by
Powens
(Apr 24, 2024)
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Products & Services of Unnax
Unnax offers a comprehensive portfolio of products and services, including Account Aggregation, IBAN Accounts, Financial Indicators, and Payments. 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 access to users' bank data for integration.
Supports building payments infrastructure with IBANs.
Provides insights into customer financial data.
Facilitates instant payments and transfers.
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Funding Insights of Unnax
Unnax has successfully raised a total of $10.37M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $8.53 million completed in January 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 Total Funding
- Total Rounds 2
- Last Round Series A — $8.5M
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First Round
First Round
(18 Oct 2017)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Series A - Unnax | Valuation | Grupo Elektra | |
| Oct, 2017 | Amount | Series A - Unnax | Valuation | Swanlaab |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Unnax
Unnax has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Grupo Elektra, Powens and Athos Capital. 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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Athos Capital is focused on early-stage venture investments.
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Founded Year | Domain | Location | |
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Tech sectors are invested in by Swanlaab venture capital fund.
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Founded Year | Domain | Location | |
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Early-stage European tech companies are invested in by Keyword VC.
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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 Unnax
| 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 |
Financial Statements - Unnax
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Unnax Comparisons
Competitors of Unnax
Unnax 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 Tink, TrueLayer, Prime Trust, AuthBridge and Eurobits, 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 |
Tink is recognized as a leading European open banking platform.
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| domain | founded_year | HQ Location |
Provider of open banking API solutions for payment institutions
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| domain | founded_year | HQ Location |
Cloud-based AML and banking API solutions are provided for institutions.
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| domain | founded_year | HQ Location |
Identity verification, employee screening, and due diligence platforms are provided.
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| domain | founded_year | HQ Location |
Open banking API solutions are provided to financial institutions.
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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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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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 Unnax
Frequently Asked Questions about Unnax
When was Unnax founded?
Unnax was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Unnax located?
Unnax is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
Is Unnax a funded company?
Unnax is a funded company, having raised a total of $10.37M across 2 funding rounds to date. The company's 1st funding round was a Series A of $1.84M, raised on Oct 18, 2017.
What does Unnax do?
Unnax was founded in 2015 in Barcelona, Spain, within the fintech sector. API solutions for open banking are developed and offered, enabling banks to handle money transfers, recurring payments, account connections, and reader functionalities. Onboarding processes, including KYC and AML compliance, are also supported through these services. Operations focus on integrating secure financial tools across European markets.
Who are the top competitors of Unnax?
Unnax's top competitors include Tink, TrueLayer and AuthBridge.
What products or services does Unnax offer?
Unnax offers Account Aggregation, IBAN Accounts, Financial Indicators, and Payments.
Who are Unnax's investors?
Unnax has 5 investors. Key investors include Grupo Elektra, Powens, Athos Capital, Swanlaab, and Keyword Venture Capital.
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