About Urban FT
Urban FT is a company based in New York (United States) founded in 2012 by Mark Kilpatrick. Urban FT has raised $3 million across 1 funding round. Urban FT has completed 3 acquisitions, including CFC Technology, Iparse and Wipit. Urban FT offers products and services including Contour AI SDK, Core DBX, Verified Enrollment, Quick Money Movement, and Open Processing. Urban FT operates in a competitive market with competitors including Meniga, Subaio, Constellation, Quiltt and FinGoal, among others.
- Headquarter New York, United States
- Founders Mark Kilpatrick
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website urbanft.com
- Social LinkedIn X YouTube
- Total Equity Funding$3M (USD)
in 1 rounds
- Latest Funding Round$3M (USD), Series A
Dec 2012
- Investments & AcquisitionsCFC Technology
& 2 more
Products & Services of Urban FT
Urban FT offers a comprehensive portfolio of products and services, including Contour AI SDK, Core DBX, Verified Enrollment, Quick Money Movement, and Open Processing.
Enables mobile image capture for automated data extraction and validation.
Facilitates customizable digital banking experiences for financial institutions.
Handles account opening and identity checks with advanced validation.
Supports real-time payments and remittances for faster transactions.
Manages prepaid and debit card portfolios with seamless integration.
Apps and channels of Urban FT
its YouTube channel Urban FT has 11 subscribers and 3 videos.
Videos from Urban FT
The most watched videos on Urban FT's YouTube channel, Urban FT (11 subscribers). Click a video to play it here.
More on Urban FT.
Funding Insights of Urban FT
Urban FT has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Series A round of $3 million completed in December 2012. 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 $3M
- Total Rounds 1
- Last Round Series A — $3M
- First Round $3M
(Dec 2012)
All 1 funding rounds of Urban FT 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 |
|---|---|---|---|---|---|
| Dec 2012 | $3M | Series A | – | – | – |
People of Urban FT
13 people are tracked at Urban FT (6 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
Mark Kilpatrick | Co-Founder & Chief Product Officer | Leadership |
Nikhil Ghanekar | CFO | Leadership |
Cliff Mason | Chief Executive Officer | Leadership |
Jeff Hanson | Chief Technology Officer | Leadership |
Jarryd Blum | Director, Marketing & Events | Leadership |
Kimberly Suarez | VP Corporate Communications | Leadership |
John Telega | System Administrator - Dev Ops | Team |
Kent Anderson | SVP of Growth and Strategic Partnerships | Team |
Ravi Prasad | Senior Software Engineer | Team |
Uri Fastag | SVP Operations | Team |
Richard Wanke | Commercial Manager | Team |
Jackie Spangler | Senior Strategic Account Manager | Team |
Kapil Teotia | Senior Software Developer | Team |
Complete people profiles for Urban FT
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Urban FT
Urban FT has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CFC Technology, Iparse and Wipit.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Managed services are provided to community banks and credit unions. | cfctechnology.com | Brooklyn Park, United States | 1998 | Jul 2019 | •••• | |
Iparse is recognized as a company associated with iparse.com. | iparse.com | – | 0 | Jul 2017 | •••• | |
Mobile payments with cash are facilitated for underbanked consumers worldwide. | wipit.me | Pasadena, United States | 2010 | Sep 2015 | •••• |
Complete acquisition details for Urban FT
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of Urban FT
5 dated milestones of Urban FT across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Urban FT is founded.
- Funding First funding round of $3.0M.
- Acquisition Acquires Wipit.
- Acquisition Acquires Iparse.
- Acquisition Acquires CFC Technology.
Competitors of Urban FT
Urban FT 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 Meniga, Subaio, Constellation, Quiltt and FinGoal, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| meniga.com | 2009 | Stockholm, Sweden | $67.4M | 95 | Personal finance management solutions for banks are provided and integrated. | |
| subaio.com | 2016 | Aalborg, Denmark | $5.25M | 39 | White-label subscription management is provided for retail banks. | |
| constellation.coop | 2017 | Raleigh, United States | $10.5M | – | Financial management solutions are offered to banks and credit unions. | |
| quiltt.io | 2017 | Dallas, United States | $4M | – | Wealth data is aggregated for bill tracking, budgeting, and alerting. | |
| fingoal.com | 2017 | Lafayette, United States | – | – | Personal financial management solution | |
| moneythor.com | 2013 | Singapore | – | – | Banking software for personal finance insights is developed. | |
| wellthiapp.com | 2015 | Arlington, United States | $2.44M | – | Software for wealth and loan life cycle management is developed. |
Detailed competitors of Urban FT
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- Full competitor set
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- Benchmarks
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Latest news on Urban Ft
Complete news archive for Urban FT
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
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- Brand-specific news history
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Similar companies to Urban FT
10 companies that operate in the same segment as Urban FT (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | – | – | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 221.42 M | – | – | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.16 B | USD 1.96 B | 1,440 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.99 B | – | – | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 1.9 B | – | – | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.06 B | USD 813.42 M | 3,231 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 3 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, United Kingdom | USD 852.48 M | – | – |
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Frequently Asked Questions about Urban FT
Urban FT was founded in 2012.
Urban FT is headquartered in New York, United States. It is registered at New York, New York, United States.
Urban FT is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Series A of $3M, raised on Dec 2012.
Urban FT was founded in 2012 in New York, United States, within the fintech sector. A lightweight technology layer is utilized to integrate with financial institutions existing payment processors. User data is stored and maintained behind the institutions firewalls. Platform management tools and customizable analytics are included, supporting the deployment of tailored banking, social commerce, and personal financial management features in digital solutions.
Urban FT's top competitors include Meniga, Constellation and FinGoal.
Urban FT offers Contour AI SDK, Core DBX, Verified Enrollment, Quick Money Movement, and Open Processing.
Urban FT has made 3 acquisitions, including CFC Technology, Iparse, and Wipit.