WalletFi

Chapel Hill, United States Founded: 2016 • Age: 10 yrs Acquired By Constellation
Recurring billing and payments are managed via an online platform.
Annual revenue - Latest available
Total funding $340,000 4 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About WalletFi

WalletFi is a company based in Chapel Hill (United States) founded in 2016 was acquired by Constellation in August 2022. WalletFi has raised $340 thousand across 4 funding rounds from investors including FIS, Constellation and MassChallenge. WalletFi offers products and services including Transaction Enrichment API, Subscription Management Application, and Transaction Analytics Dashboard. WalletFi operates in a competitive market with competitors including Truebill, Ternary, Grid, BillTrim and Hiatus, among others.

  • Headquarter Chapel Hill, United States
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $340 K (USD)

    in 4 rounds

  • Latest Funding Round
    $85 K (USD), Debt – Conventional

    Aug 05, 2020

  • Investors
    FIS

    & 2 more

  • Employee Count
    Not available
  • Acquired by
    Constellation

    (Aug 23, 2022)

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Products & Services of WalletFi

WalletFi offers a comprehensive portfolio of products and services, including Transaction Enrichment API, Subscription Management Application, and Transaction Analytics Dashboard.

Product name locked
Category locked
Primary

Enriches raw transactions with subscription and bill data for analysis.

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Allows users to classify and manage recurring payments centrally.

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Provides insights on transaction trends for informed decision-making.

People of WalletFi

Headcount 10-50
Employee Profiles 23
Employee Profiles
People
Kris Kovacs
Founder, Board Member, And Strategic Growth Officer
People
Jim Howell
iOS Mobile Application Developer
People
David Billups
Technical Architect
People
Sarah Payne
Program Manager

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Funding Insights of WalletFi

WalletFi has successfully raised a total of $340K across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $85 thousand completed in August 2020. 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 WalletFi

WalletFi has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include FIS, Constellation and MassChallenge.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage entrepreneurs are accelerated through MassChallenge's program.
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Software suites for banks and financial institutions are provided.
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Financial management solutions are offered to banks and credit unions.
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Investor details for WalletFi

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by WalletFi

Investments
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Investment portfolio details for WalletFi

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  • Portfolio identities
  • Transaction dates
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Financial Statements - WalletFi

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Detailed financials for WalletFi

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  • Profit trends
  • Statement rows
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Walletfi Comparisons

WalletFi Primary company
Description
Recurring billing and payments are managed via an online pla...
Location
Chapel Hill, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for WalletFi

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Competitors of WalletFi

WalletFi 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 Truebill, Ternary, Grid, BillTrim and Hiatus, among others.

Company Name Domain Founded year HQ Location Description
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Subscription services are tracked and managed through an app-based platform.
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Cost management services are provided to businesses by Ternary.
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Bills, savings, and tax refunds are managed via mobile platform.
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Bill management platform
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Hiatus is developed as an all-in-one finance and bill management tool.
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Detailed competitors of WalletFi

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Latest news on Walletfi

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Complete news archive for WalletFi

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Frequently Asked Questions about WalletFi

WalletFi was founded in 2016 and raised its 1st funding round 1 year after it was founded.

WalletFi is headquartered in Chapel Hill, United States. It is registered at Chapel Hill, North Carolina, United States.

WalletFi is a funded company, having raised a total of $340K across 4 funding rounds to date.

WalletFi was founded in 2016 in Chapel Hill, United States, as a fintech platform focused on billing management. User accounts are linked securely to identify recurring payments within monthly cycles. Transfers of recurring payments between cards are facilitated. Operations center on digital tools for payment oversight in the financial sector, serving users across the United States.

WalletFi's top competitors include Truebill, Ternary and Finovera.

WalletFi offers Transaction Enrichment API, Subscription Management Application, and Transaction Analytics Dashboard.

WalletFi has 3 investors. Key investors include FIS, Constellation, and MassChallenge.

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