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Betalo logo — Pay bills & invoices with your card and use your card's rewa...

Betalo

Pay bills & invoices with your card and use your card's rewards & benefits such as bonus, points & financial flexibility

Founded 2012 Sweden Sweden 10 employees Total: $47.36M

General Information

Company Name Betalo
Founded Year 2012
Location Sweden Sweden
Employees 10
Business Model B2C, Platform
Revenue Model Transaction Fee, Service Fee
Social

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About Betalo

Betalo, founded in 2012, is a promising FinTech startup based in Stockholm, Sweden. The company aims to reimagine financial transactions by allowing users to pay bills and invoices using their credit cards, thereby utilizing card rewards and bonuses. The slogan, "Pay bills & invoices with your card and use your card's rewards & benefits such as bonus, points & financial flexibility," encapsulates their customer-centric innovation in elevating personal financial management.

Betalo's aspiration extends towards becoming a leading mobile-first bank by simplifying and making financial dealings more transparent. Backed by a team with a robust technical and financial pedigree, they emphasize security and simplicity in their offerings.

The last investment round was a kr45.00M Early VC on 01 November 2017, underscoring solid investor confidence from key players like Nordea, NFT Ventures, Mattias Weinhandl, and Svea. This strong financial backing highlights Betalo's potential to significantly impact the FinTech landscape.

Business keywords: FinTech, Mobile Banking, Credit Card Payments, Reward Programs, Financial Flexibility, Payment Solutions, Secure Transactions, Bill Payment Platform, Financial Technology, Personal Finance Management, Transparent Banking, Digital Banking, Innovation in Banking

Services & Products

Bill Payments using Credit/Debit Cards
Money Transfer to Swedish Bank Accounts
Extending Payment Deadlines
Secure Mobile App Payment Solutions

Target Customers

Credit Card Holders Individuals Seeking Flexible Payment Options Users Prefering App-based Financial Transactions Customers looking for Card Benefits in Bill Payments

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Early VC kr45.00M 4
Nordea NFT Ventures
Nordea, NFT Ventures +2
01 Nov 2017
Early VC €1.10M 1
NFT Ventures
NFT Ventures
01 Oct 2016
Early VC €1.00M 1
NFT Ventures
NFT Ventures
01 Jun 2015
Seed €260.00K -
01 Jun 2013

Betalo Alternatives & Competitors

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FAQ About Betalo

Pay bills & invoices with your card and use your card's rewards & benefits such as bonus, points & financial flexibility
Betalo was founded in 2012.
Betalo is headquartered in Sweden.
Betalo has a B2C and Platform business model. Its revenue comes from Transaction Fee and Service Fee.
Betalo has approximately 10 employees.
Betalo has completed 4 funding rounds, raising a total of $47.36M.
Betalo offers: Bill Payments using Credit/Debit Cards, Money Transfer to Swedish Bank Accounts, Extending Payment Deadlines, Secure Mobile App Payment Solutions.
Top alternatives and competitors to Betalo include CheQ, Nelo, FairMoney, Kasheesh, sKash. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Betalo and CheQ 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 Betalo, https://bouncewatch.com/company/betalo, updated 13 November 2025. When citing, please name BounceWatch and link this page.

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