Cendit

Description

Cendit is a one stop money hub. Cendit offers the advantages of a cloud-based digital service with the stability and familiarity of everyday money movement.
 

Overview
Type:
Funding Status:
Foundation year:
Location:
Number of employees:
Founders: Mark Seddon
Website: www.cend.it
Target geographic market:

Awards:

About Product/Service
Products
Core product offerings for individual/retail customers
Differentiating features of product
Core product for bussiness customers
A free current account switch service
 
Sales channels
Product cost
Openning a current account (business and personal)
Monthly fees
Issuing physical card and delivery
Money transfers/payments
Currency exchanges
ATM withdrawals
Overdrafts
Other
Minimum USD deposit required to open (a) a personal account (b) a business account
(a) a personal account
(b) a business account
A free current account switch service

Key people

Funding rounds

Last Funding Date
Last Funding Amount
Last Funding Type
Total Funding Amount
Number of Funding Rounds

Financials

Customer/Products segments
Key product offering
Major shareholders
Banking license
Type of customers
Number of customers
Estimated revenue
Number of investors
Number of lead investors
Names of lead investors
M&A

Tech stack

The technologies that underpin a platform (FX, identity, infrastructure, security, payments gateways, business systems, APIs, etc.)
Is your banking platform fully developed internally or customized from a third party platform?
Do you have an in-house or outsourced development team?
Number of in-house technology employees
Number of outsourced technology employees
What are the technology headcount projections?
Please name all third party technologies you integrated from KYC to Accountanting tools like Xero, etc.

Competitors

Founding Date Type Tags
x
Jumio

Jumio helps organizations meet regulatory...

2010 Private
x
Experian

Experian is a global information services company...

1980 Private
x
Monese

We’re reimagining the way banking works. We make...

2013 Private fintech, challenger banks
x
Fenergo

Fenergo is the digital enabler of client and...

2009 Private Fenergo
x
PayPal

PayPal (NASDAQ: PYPL) is devoted to...

Reviews

ASQUISTIONS

DateCompanyAmount
11 May, 2017

Differentiating factors/Innovation points

Money can be sent between Cendit users, via text message and email or with just a simple click on Twitter. The money transfers instantly along with any other information necessary for the transaction.