Moneytis

blockchain | remittances | mobile/online remittance

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132 VISITORS | 262 VIEWS

FOUNDING YEAR: 2015

LOCATION:

United States

REGION:

California

Last Update:
18 Oct, 2019

Description

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:

Viewable by subscribers only

MAIN CLIENTS:

Financial institutions

EXISTING PARTNERSHIPS:

TransferWise, WorldRemit, Bitso, Xendpay, Azimo, Western Union

PEOPLE

FOUNDERS:

Etienne Tatur, Christophe Lassuyt

Board Members and Advisors:

Yves Morard-Lacroix

NUMBER OF EMPLOYEES:

11-50

INVESTORS:

ING Bank Innovation lab, Y Combinator

TRACTION

VALUATION / MARKET CAP:

$800 K in 2017

NUMBER OF TRANSACTIONS:

41 MM

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).

COMMENT:

The company is from Paris and also went through Amsterdam, Mexico, Lisbon, and San Francisco.

MOMENTUM

FUNDED:

YES

TOTAL FUNDING:

$491.1 K

DATE OF LAST FUNDING:

Mar 2017

SEED & PRIOR FUNDING:

$491.1 K

SEED CLOSED ON:

May 2016

SEED PRIOR FUNDING COMMENT:

An undisclosed amount raised in Mar 2017.

LISTED:

COMMENT:

An undisclosed convertible note raised in Jan 2016.

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