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BANYAN logo — The Receipt Data Platform Powering Innovation In Commerce.

BANYAN

The Receipt Data Platform Powering Innovation In Commerce.

Founded 2019 United States Holmdel, United States 73 employees Series A Total: $53.00M Fintech

General Information

Company Name BANYAN
Founded Year 2019
Location United States Holmdel, United States
Employees 73
Industries Fintech
Funding Stage Series A
Social

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About BANYAN

BANYAN is a fintech startup founded in 2019 and based in the United States. The company's slogan "The Receipt Data Platform Powering Innovation In Commerce" encapsulates its mission. Banyan operates as an item-level receipt data platform, facilitating collaboration and innovation in commerce. Their data infrastructure efficiently unlocks and activates item-level receipt data, empowering commercial and consumer applications. Merchant partners can leverage Banyan's platform to drive customer engagement, revenue, and profitability through transparent and controlled access to receipt data. Moreover, banks, fintechs, and their partners benefit from enhanced access to item-level transaction data, enabling personalized product and service experiences. Notably, Banyan secured a significant $28.00M Series A investment on 20 October 2022, with participation from prominent investors such as Fin Capital, Bridge Bank, Flucas Ventures, Interplay Ventures, Trajectory Ventures, and MoreThan Capital. This substantial investment further underscores the potential and value proposition of Banyan in the fintech industry.

Business keywords: receipt data, data platform, commerce innovation, merchant partners, privacy-by-design architecture, transaction data, collaborative data, commercial applications, consumer applications, revenue opportunities, data infrastructure, operating efficiency, personalization

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $15.00M 5
Fin Capital M13 TTV Capital
Fin Capital, M13 +3
20 Oct 2022
Series A $28.00M 10
Elizabeth Street Ventures Fin Capital M13
Elizabeth Street Ventures, Fin Capital +8
20 Oct 2022
Seed Round $10.00M 4
Fin Capital Motivate Ventures TTV Capital
Fin Capital, Motivate Ventures +2
30 Jul 2021
Convertible Note Undisclosed 1
Peterson Ventures
Peterson Ventures
07 Mar 2017
Seed Round Undisclosed 1
Peterson Ventures
Peterson Ventures
10 Feb 2016
Seed Round Undisclosed 1
Peterson Ventures
Peterson Ventures
15 Sep 2015

BANYAN Alternatives & Competitors

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BANYAN vs
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FAQ About BANYAN

The Receipt Data Platform Powering Innovation In Commerce.
BANYAN was founded in 2019.
BANYAN is headquartered in Holmdel, United States.
BANYAN operates in Fintech. Its work centres on receipt data, data platform, commerce innovation and merchant partners.
BANYAN has approximately 73 employees.
BANYAN has completed 6 funding rounds, raising a total of $53.00M. The latest funding stage is Series A.
Top alternatives and competitors to BANYAN include Barion, Yada Data Studios, Slyp , Nemuru, BridgeFT. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
BANYAN and Barion are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for BANYAN, https://bouncewatch.com/company/banyan, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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