# Rebank Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rebank-technologies

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.rebanknow.com
- Total disclosed funding: $2.8M
- Latest round: Seed (Dec 17, 2019)
- Investors on record: 3

## About

Rebank Technologies Limited is a UK-based financial technology firm that offers innovative banking solutions for businesses, focusing on optimizing the management of financial operations and enhancing transactional efficiency.Founded in 2018 and headquartered in London, UK, Rebank Technologies Limited provides streamlined banking solutions tailored for businesses. The company raised USD 2.8 mn in Seed funding on December 17, 2019, led by Accelerated Digital Ventures, with participation from Oriza Ventures and Y Combinator. Founders Juan A and Karriem Simpson have previously been involved in entrepreneurial ventures.Rebank Technologies Limited specializes in providing comprehensive banking services and operations management solutions tailored for businesses. Their offerings include account management, payment processing, and financial analytics aimed at enhancing operational efficiency and compliance. The company actively markets its products across Europe, North America, and selected areas of Asia, catering to the diverse financial needs of businesses navigating the complexities of modern finance.In 2022, Rebank Technologies Limited reported a revenue of USD 168,011.90 with an EBITDA of USD -763,314.80, indicating the company's ongoing investment in growth and development during its early years.Rebank Technologies Limited aims to broaden its product offerings by launching new banking solutions designed for small and medium-sized enterprises by the end of 2024. The company plans to expand its presence in the North American market, targeting a 20% increase in market reach within the next two years. The recent Seed funding of USD 2.8 mn will primarily support the development of these new products and facilitate the expansion into these key regions.

## Funding rounds

- Seed, Dec 17, 2019, $2.8M — Y Combinator, Oriza Ventures, Accelerated Digital Ventures

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Oriza Ventures (https://capitalatlas.ai/funds/oriza-ventures) — Seed
- Accelerated Digital Ventures (https://capitalatlas.ai/funds/accelerated-digital-ventures) — Seed