Moneytis

Moneytis

Blockchain | Remittances | Mobile/Online Remittance
website linkedin address
  • FOUNDING YEAR: 2014
    LOCATION:
    France
    REGION:
    Île-de-France IDF
    Last Update:
    27 Jun, 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:
Lassuyt Christophe, Etienne Tatur
Board Members and Advisors:
Yves Morard-Lacroix
NUMBER OF EMPLOYEES:
1-10
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:
$497.64 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.

LATEST RESEARCH


Innovation Programmes

Innovation Studio
Innovation Studio
Y Combinator
Y Combinator