Moneytis
blockchain . remittances . mobile/online remittance
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About
Moneytis is a provider of a digital platform for money transfer. The company helps the people in sending money abroad by reducing the cost of transfer. Over the past 6 months, They saved more than 100 000€ to their users. They also work with the latest technologies and partner with every solution using the blockchain to help transfer money abroad. ING has announced Moneytis as a winner of week’s Innovation Studio pitch in sept. 2015.
Focus
PRODUCTS & SERVICES
Money transfer digital platform. Moneytis Comparator-Send money abroad at the best exchange rate. Neomy-Neomy alerts you when there are good moments to send money abroad Moneytis's platform helps users to send money abroad in the fastest, cheapest and most secure way.
REVENUE MODEL
The company follows freemium model for its customers. Currently, the company earn revenue by charging a commission from its partners.
MAIN CLIENTS
Financial institutions
EXISTING PARTNERSHIPS
TransferWise
WorldRemit
Bitso
Xendpay
Azimo
Western Union
Traction
VALUATION / MARKET CAP:
$800 K in 2017
NUMBER OF TRANSACTIONS:
41 M
TRANSACTIONS COMMENT:
The company has processed for more than 41 million transaction till march 2017.
ACTIVE USERS COMMENT:
The company claims that it have 40000 users(march 2017).
TRACTION COMMENT:
The company is from Paris and also went through Amsterdam, Mexico, Lisbon, and San Francisco.
People
FOUNDERS
Etienne Tatur
Christophe Lassuyt
BOARD MEMBERS AND ADVISORS
Yves Morard-Lacroix
NUMBER OF EMPLOYEES
11-50
INVESTORS:
Momentum
FUNDED
NO
TOTAL FUNDING
$120 K
DATE OF LAST FUNDING
Mar 2017
SEED & PRIOR FUNDING
$120 K
SEED CLOSED ON
Mar 2017
PRIZE MONEY
$86.93 K
LISTED
NO
COMMENT
An undisclosed convertible note raised in Jan 2016.
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