Investments (#)
Investments (USD)
Transactions
Recent transactions in the sector
| Company | Country | Funding round | Date | |
|---|---|---|---|---|
|
Imprint Payments Inc Provider of branded payments and rewards products. |
United States | Series C USD 75,000,000 (USD 75,000,000) at USD 600,000,000 (USD 600,000,000) valuation. |
10 Oct 2024 |
|
Monese Ltd Digital banking and remittances services provider. |
United Kingdom | Acquisition |
10 Oct 2024 |
|
|
Imprint Payments Inc Provider of branded payments and rewards products. |
United States | Series B USD 75,000,000 (USD 75,000,000) |
14 Nov 2023 |
|
Airwallex (Cayman) Ltd Financial technology company that offers integrated solutions for cross-border payments. |
Hong Kong SAR China | Series E USD 100,000,000 (USD 100,000,000) at USD 5,500,000,000 (USD 5,500,000,000) valuation. |
10 Oct 2022 |
|
|
Monese Ltd Digital banking and remittances services provider. |
United Kingdom | N/A USD 35,000,000 (USD 35,000,000) |
20 Sep 2022 |
|
|
Airwallex (Cayman) Ltd Financial technology company that offers integrated solutions for cross-border payments. |
Hong Kong SAR China | Series E USD 100,000,000 (USD 100,000,000) at USD 5,500,000,000 (USD 5,500,000,000) valuation. |
18 Nov 2021 |
|
|
Imprint Payments Inc Provider of branded payments and rewards products. |
United States | Series A USD 38,000,000 (USD 38,000,000) |
16 Nov 2021 |
|
|
Airwallex (Cayman) Ltd Financial technology company that offers integrated solutions for cross-border payments. |
Hong Kong SAR China | Series E USD 200,000,000 (USD 200,000,000) at USD 4,000,000,000 (USD 4,000,000,000) valuation. |
21 Sep 2021 |
|
|
Airwallex (Cayman) Ltd Financial technology company that offers integrated solutions for cross-border payments. |
Hong Kong SAR China | Series D USD 100,000,000 (USD 100,000,000) |
24 Mar 2021 |
|
|
Airwallex (Cayman) Ltd Financial technology company that offers integrated solutions for cross-border payments. |
Hong Kong SAR China | Series D USD 160,000,000 (USD 160,000,000) at USD 1,640,000,000 (USD 1,640,000,000) valuation. |
16 Apr 2020 |
|
|
Airwallex (Cayman) Ltd Financial technology company that offers integrated solutions for cross-border payments. |
Hong Kong SAR China | Series C USD 100,000,000 (USD 100,000,000) at USD 1,000,000,000 (USD 1,000,000,000) valuation. |
25 Mar 2019 |
|
|
Airwallex (Cayman) Ltd Financial technology company that offers integrated solutions for cross-border payments. |
Hong Kong SAR China | Series B USD 80,000,000 (USD 80,000,000) |
3 Jul 2018 |
|
Saxo Bank A/S |
Denmark | Acquisition |
26 Aug 2011 |
|
|
Monese Ltd Digital banking and remittances services provider. |
United Kingdom | N/A |
Companies
Best funded companies in the sector
Financial technology company that offers integrated solutions for cross-border payments.
Investors
Top investors in the Banks (NEC) sector
| Investor | Profile | Country | Investments | |
|---|---|---|---|---|
|
Tencent Holdings Ltd | Chinese multinational technology and entertainment conglomerate and holding company headquartered in Shenzhen. | China | 4 |
|
Lone Pine Capital LLC | 3 | ||
|
1835i Ventures | 3 | ||
|
Kleiner Perkins Caufield & Byers LLC | Venture capital firm. | United States | 3 |
|
Salesforce Ventures | Salesforce's corporate investment group. | United States | 3 |
|
DST Global | The investment vehicle of Silicon Valley-based Russian Internet financier Yuri Milner. | United States | 3 |
|
Thrive Capital Partners Inc | Private equity and venture capital investment firm focused on media and internet investments. | United States | 3 |
|
Horizons Ventures | Venture capital firm owned by Hong Kong billionaire Li Ka-shing | Hong Kong SAR China | 2 |
|
Ribbit Capital | Venture capital firm that invests globally in early stage companies who are aiming to disrupt financial services. | United States | 2 |
|
Square Peg Capital | Early stage venture capital firm. | 2 | |
|
|
ANZi Ventures | 2 | ||
|
Hillhouse Capital Management Group Ltd | Investment management firm. | 2 | |
|
General Atlantic LLC | Global growth equity firm providing capital and strategic support for growth companies | United States | 1 |
|
|
Skip Capital | 1 | ||
|
|
Hostplus | 1 | ||
|
Allen & Co LLC | 1 | ||
|
Korea Investment Partners Co Ltd | Korea's largest venture capital firm. | South Korea | 1 |
|
G Squared Equity Management LLC | Global growth stage venture capital firm. | United States | 1 |
|
Khosla Ventures | Venture capital firm founded by Vinod Khosla. | United States | 1 |
|
Gobi Partners Inc | China | 1 | |
|
Grok Ventures | 1 | ||
|
Stripe Inc | Online payments platform. | United States | 1 |
|
HSBC Bank (UK) PLC | United Kingdom | 1 | |
|
|
Moore Specialty Credit | 1 | ||
|
|
Vetamer Capital Partners LP | United States | 1 | |
|
|
Hermitage Capital | 1 | ||
|
Greenoaks Capital Partners LLC | Privately held global investment firm | 1 |
Acquirers
Top acquirers in the Banks (NEC) sector
| Investor | Profile | Country | Acquisitions | |
|---|---|---|---|---|
|
TPG Capital LP | Private equity firm | United States | 1 |
|
Pockit Ltd | Digital account provider offering pre-paid spending cards and current accounts. | United Kingdom | 1 |
Industry map
Banks (NEC) industry map
Valuations
Banks (NEC) selected pre-money valuations (USD)
| Funding round | Median | Average | Minimum | Maximum | Sample size |
|---|---|---|---|---|---|
| Series C | 800,000,000 | 800,000,000 | 600,000,000 | 1,000,000,000 | 2 |
| Series D | 1,640,000,000 | 1,640,000,000 | 1,640,000,000 | 1,640,000,000 | 1 |
| Series E | 5,500,000,000 | 5,000,000,000 | 4,000,000,000 | 5,500,000,000 | 3 |
| 600,000,000 | 5,500,000,000 | 6 |
Banks (NEC) selected deal sizes (USD)
| Funding round | Median | Average | Minimum | Maximum | Sample size |
|---|---|---|---|---|---|
| Series A | 38,000,000 | 38,000,000 | 38,000,000 | 38,000,000 | 1 |
| Series B | 77,500,000 | 77,500,000 | 75,000,000 | 80,000,000 | 2 |
| Series C | 87,500,000 | 87,500,000 | 75,000,000 | 100,000,000 | 2 |
| Series D | 130,000,000 | 130,000,000 | 100,000,000 | 160,000,000 | 2 |
| Series E | 100,000,000 | 133,333,333 | 100,000,000 | 200,000,000 | 3 |
| N/A | 35,000,000 | 35,000,000 | 35,000,000 | 35,000,000 | 1 |
| 11 |
Business Classification
Parent business classification group
Banks