Bankingly

SoftwareSeries AMontevideo, Uruguaybankingly.com

Latest round

Series A

Last raised

Jun 2023

Total raised

$7.5M

Investors

7

About Bankingly

Bankingly, founded in 2015 in Montevideo, Uruguay, specializes in digital financial solutions. Martin Naor serves as both the CEO and founder.25 mn.Bankingly specializes in providing digital financial solutions designed to enhance customer engagement and streamline banking operations. The company’s core product offerings include web and mobile banking applications, digital onboarding and loan origination services, and fraud prevention tools. These solutions enable financial institutions, such as banks and credit unions, to efficiently manage customer interactions, facilitate secure application processes through advanced biometric verification, and reduce risks associated with fraud via real-time monitoring and user scoring systems. Bankingly's products are tailored to various financial entities across Latin America and Africa, specifically targeting markets such as Kenya, Mexico, Ecuador, and the Dominican Republic.Bankingly generates revenue through a subscription-based model tailored for financial institutions. Clients typically enter into partnerships with Bankingly, contracting for services that include access to its mobile banking applications, digital onboarding, and fraud prevention systems. Revenue is derived from monthly or annual subscription fees for these services, which are priced based on the scale of implementation and the specific solutions utilized by each institution.

Who invested in Bankingly

7 investors across 2 rounds

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Funding rounds

  1. Series A

    Jun 29, 2023

    Amount

    $2.3M

    Investors

    Locked

  2. Series A

    Nov 14, 2018

    Amount

    $5.3M

    Investors

    Locked

Questions about Bankingly

Who invested in Bankingly?

Bankingly has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Bankingly raised?

Bankingly has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Bankingly last raise money?

Bankingly's most recent round on record is a Series A, in Jun 2023.

What does Bankingly do?

Bankingly, founded in 2015 in Montevideo, Uruguay, specializes in digital financial solutions.

Where is Bankingly headquartered?

Bankingly is headquartered in Montevideo, Uruguay.

Which VCs invest in companies like Bankingly?

Among active investors with capital left to deploy, Crescera Capital, Kaszek Ventures, dao5 and LIV Capital back software companies at Bankingly's stage. Their profiles are linked below.

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