Description

Token’s open banking platform helps banks quickly and cost effectively meet the PSD2 compliance requirements before the deadline, and generate new revenue. Further, it raises security and reduces fraud and disintermediation. Unlike in-house developed solutions, Token supports the same API across all banks. Banks that use Token will have access to the most third-parties’ applications. 

Overview

Inception 2015Number of ClientsUndisclosed
HeadquarterSan Francisco, USANumber of Partners5
FoundersSteve Kirsch, Yobie BenjaminStage of DevelopmentEarly Stage/Bootstrap
Team Size10-24
Geographic Diversity GlobalMoney Raised FromAngel Investor
YearYear Total revenue growth $MTotal Funding Raised $MTotal Funding Expected $M
18.5

ASQUISTIONS

DateCompanyAmount
11 May, 2017

Differentiating factors/Innovation points

Money and transaction information move as a unit instantly, securely, and at a low cost.

Industry Awards

2016 GTS Global Innovator Competition as the ‘Most disruptive company across all categories, globally’

Website http://token.io

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