About Vama
Vama is a company based in Santa Monica (United States) founded in 1999. Vama has raised $5.16 million across 1 funding round. Vama offers products and services including Vama App and Group Payment Feature. Vama operates in a competitive market with competitors including Quikwallet, Hubla, Minnect, Netzme and TextPayMe, among others.
- Headquarter Santa Monica, United States
- SectorsFinancial Services
- Website vama.com
- Legal Name Technology Holdings North America Inc.
- Total Equity Funding$5.16M (USD)
in 1 rounds
- Latest Funding Round$5.16M (USD), Series A
Sep 2023
Products & Services of Vama
Vama offers a comprehensive portfolio of products and services, including Vama App and Group Payment Feature.
App for secure chatting and fee-free money transfers via integrated payments.
Tool to split bills and send money in group chats securely and quickly.
Apps and channels of Vama
Vama publishes 2 mobile apps with over 5K+ downloads.
Funding Insights of Vama
Vama has successfully raised a total of $5.16M through 1 strategic funding round. The most recent funding activity was a Series A round of $5.16 million completed in September 2023. 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 $5.16M
- Total Rounds 1
- Last Round Series A — $5.16M
- First Round $5.16M
(Sep 2023)
All 1 funding rounds of Vama 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 |
|---|---|---|---|---|---|
| Sep 2023 | $5.16M | Series A | – | – | – |
People of Vama
5 people are tracked at Vama (3 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Carlos Cruz | CEO | Leadership |
Sam Karia | Director, Business Development | Leadership |
Alex Pyatigorskiy | Head Of Product | Leadership |
Enrico Garcia | Private Equity Specialist | Team |
Sandeep Acharya | Senior Software Engineer | Team |
Complete people profiles for Vama
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Vama
2 dated milestones of Vama across 24 years, from founding to its latest funding, stage changes and deals.
- Founded Vama is founded.
- Funding First funding round of $5.2M.
Competitors of Vama
Vama 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 Quikwallet, Hubla, Minnect, Netzme and TextPayMe, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| quikwallet.com | 2012 | Mumbai, India | $2.59M | 70 | Mobile wallet app is utilized for restaurant payments and discoveries. | |
| hub.la | 2020 | Sao Paulo, Brazil | $12.83M | – | Money-earning features are offered via a digital application. | |
| minnect.com | 2019 | Panama, United States | – | – | Provides a chatbot-enabled platform for mentor payments and consultations. | |
| netzme.id | 2014 | Jakarta, Indonesia | – | – | Provides API, apps, and digital payment services for business transactions. | |
| textpayme.com | 2005 | San Francisco, United States | $125,000 | – | Online payment processing services are provided for businesses. | |
| blytzpay.com | 2017 | Lehi, United States | – | – | Automated payment solutions are provided for automotive and finance sectors. |
Detailed competitors of Vama
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Vama
The website of Vama (vama.com) receives about 48K visits a month.
- Monthly visits48K
▼ 33.8% vs previous month
Similar companies to Vama
10 companies that operate in the same segment as Vama (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about Vama
Vama was founded in 1999 and raised its 1st funding round 24 years after it was founded.
Vama is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
Carlos Cruz is the current CEO of Vama.
Vama is a funded company, having raised a total of $5.16M across 1 funding round to date. The company's 1st funding round was a Series A of $5.16M, raised on Sep 2023.
Conversational payment platform for individuals. Combines chat and payments in single app, offering users a convenient and secure way to communicate and make payments including sending money to friends, tipping, splitting bills, launching a subscription community, and more.
Vama's top competitors include Quikwallet, BlytzPay and TextPayMe.
Vama offers Vama App and Group Payment Feature.
Vama operates through Technology Holdings North America Inc..
Yes. Vama publishes Vama and 1 more app, with over 5,000 downloads.