Bankify
Specializes in smart and human-friendly services that unlock the value of financial mobile applications.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | $700k | Seed | |
| Total Funding | 000k | ||
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | - | 30 % | (64 %) | 17 % | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (7600 %) | - | (55 %) | (55 %) | 48 % | (30 %) | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (9600 %) | - | (149 %) | (139 %) | (398 %) | (288 %) | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
Related Content
Bankify operates in the fintech sector, focusing on enhancing financial mobile applications through user-centric microservices. The company primarily serves digital natives, a demographic that is highly engaged with mobile technology and expects seamless, intuitive user experiences. Bankify's core offerings include gamified savings, secure group payments, and personalized content, all designed to improve user engagement and financial literacy.
The business model revolves around providing these microservices through two main channels: a white-label mobile solution and an integrated model using APIs (Application Programming Interfaces) or SDKs (Software Development Kits). This flexibility allows financial institutions to either adopt Bankify's entire mobile solution or integrate specific features into their existing platforms.
Revenue is generated through licensing fees for the white-label solutions and subscription fees for API/SDK integrations. By enhancing the user experience, Bankify helps financial institutions increase customer acquisition and retention, ultimately driving higher transaction volumes and customer loyalty.
Bankify operates in a competitive fintech market but distinguishes itself through its focus on digital natives and its innovative use of gamification and social sharing to boost user engagement.
Keywords: fintech, digital natives, gamified savings, secure payments, personalized content, white-label solutions, APIs, SDKs, customer acquisition, user engagement.
