About Walletron
Walletron is a Financial Services company based in Philadelphia (United States) founded in 2013, and was acquired by ACI Worldwide in May 2019. White-label mobile wallets are provided for banks and businesses. Walletron has raised $1.09 million across 2 funding rounds from investors including ACI Worldwide and Western Union. The company has 6 employees. Its website walletron.com draws about 97 thousand monthly visits. Walletron offers products and services including ACI Connetic, ACI Speedpay, and ACI Payments Orchestration Platform. Its focus areas include FinTech, Banking Tech, Payments and White Label Wallet. Its legal entity is Walletron, Inc. Its competitors include Ondot Systems and Paydiant; 2 of its 2 listed competitors have raised funding.
Company details
White-label wallets for banks and businesses. It enables businesses to offer their customer to pay via mobile wallets for their bills and loyalty rewards. It offers products such as Walletron Mobills and Walletron Loyalty to offers merchants to offer their customers to pay via mobile wallet for their bills without any hassle.
- Headquarters Philadelphia, United States
- Employees 6
- Stage Acquired
- SectorsFinancial Services
- Website walletron.com
- Social LinkedIn X Facebook Instagram
- Acquired by ACI Worldwide (May 2019)
- Legal Name Walletron, Inc.
- Total Equity Funding$1.09M (USD)
in 2 rounds
- Latest Funding Round$1.09M (USD), Seed
Dec 2016
- InvestorsACI Worldwide
& 1 more
- Employee Count6
- Acquired byACI Worldwide
(May 2019)
Products & Services of Walletron
Walletron offers a comprehensive portfolio of products and services, including ACI Connetic, ACI Speedpay, and ACI Payments Orchestration Platform.
Unified cloud platform for real-time payment processing
Suite for digital billing and payment services
Platform for fraud prevention and payment optimization
Funding Insights of Walletron
Walletron has successfully raised a total of $1.09M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.09 million completed in December 2016. 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 $1.09M
- Total Rounds 2
- Last Round Seed — $1.09M
- Investors Count 1
All 2 funding rounds of Walletron 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 2016 | $1.09M | Seed | – | Western Union | – |
| Jun 2015 | Angel Round | – | – |
2 investors in total: 2 institutional.
Investors in Walletron
Walletron has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include ACI Worldwide and Western Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of remittance services | 1851 | westernunion.com | Denver, United States | |
Digital payments are processed and managed via specialized solutions. | 1975 | aciworldwide.com | Omaha, United States |
Investor details for Walletron
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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- Investor portfolios
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Verified entity values are shown only after access is granted.
People of Walletron
5 people are tracked at Walletron (5 in leadership); the tracked headcount is 6.
| Name | Role | Group |
|---|---|---|
Thomas W. Warsop | President & CEO | Leadership |
Abe Kuruvilla | Chief Technology Officer | Leadership |
Praveena Nathawat | Chief Human Resources Officer | Leadership |
Katrinka Mccallum | Director | Leadership |
Ron Shultz | General Manager, ACI Speedpay | Leadership |
Complete people profiles for Walletron
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of Walletron
4 dated milestones of Walletron across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Walletron is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $1.1M.
- Exit Acquired by ACI Worldwide.
Competitors of Walletron
Walletron has 2 listed competitors in our database, 2 of them funded. They include Ondot Systems and Paydiant.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ondotsystems.com | 2011 | Santa Clara, United States | $51.1M | 128 | Card-linked marketing solutions are offered to banks and financial institutions. | |
| paydiant.com | 2010 | Wellesley, United States | $34.83M | 57 | White-labeled mobile payment solutions are provided for businesses. |
Detailed competitors of Walletron
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 Walletron
The website of Walletron (walletron.com) receives about 97.4K visits a month.
- Monthly visits97.4K
▲ 33.2% vs previous month
Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Walletron (Banking & FinTech Platforms) in United States, 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 | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
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Related news about Walletron
Complete news archive for Walletron
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Frequently Asked Questions about Walletron
Walletron was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Walletron is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Walletron is a funded company, having raised a total of $1.09M across 2 funding rounds to date.
Walletron has 6 employees.
White-label wallets for banks and businesses. It enables businesses to offer their customer to pay via mobile wallets for their bills and loyalty rewards. It offers products such as Walletron Mobills and Walletron Loyalty to offers merchants to offer their customers to pay via mobile wallet for their bills without any hassle.
Walletron's top competitors include Ondot Systems and Paydiant.
Walletron offers ACI Connetic, ACI Speedpay, and ACI Payments Orchestration Platform.
Walletron has 2 investors. Key investors include ACI Worldwide, and Western Union.
Walletron operates through Walletron, Inc..
Yes. Walletron was acquired by ACI Worldwide in May 2019.