Tyfone
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 14.0m | 16.1m | 27.0m | 31.0m | 34.8m | 38.8m |
% growth | - | 15 % | 68 % | 15 % | 12 % | 11 % |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $300k | Series A | |
N/A | $1.5m | Series A | |
N/A | Series A | ||
$5.0m | Series B | ||
$300k | Debt | ||
$6.6m | Series C | ||
* | $25.0m | Growth Equity VC | |
Total Funding | CAD52.4m |
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EditTyfone is a financial technology company specializing in digital banking solutions tailored for credit unions and community banks. Operating in the fintech sector, Tyfone provides an enterprise-level platform called nFinia, which enables these financial institutions to offer robust and customizable online banking services. The platform supports mobile devices, web browsers, and wearable technology, ensuring a seamless user experience across various digital touchpoints. Tyfone's business model revolves around providing a quick-to-build and extensible digital banking solution, allowing clients to enhance their service offerings and improve customer engagement. Revenue is generated through subscription fees and service charges for the use of their digital banking platform. The company aims to drive digital transformation in banking by fostering community-centric collaborations and delivering innovative fintech solutions.
Keywords: digital banking, fintech, credit unions, community banks, customizable platform, mobile banking, web banking, wearable technology, subscription model, digital transformation.