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Binkey logo — Unlocking the future of savings and payments for the healthc...

Binkey

Unlocking the future of savings and payments for the healthcare consumer

Founded 2022 United States Washington, United States 14 employees Seed Total: $3.30M Financial Services, Payments

General Information

Company Name Binkey
Founded Year 2022
Location United States Washington, United States
Employees 14
Industries Financial Services, Payments
Funding Stage Seed
Social

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About Binkey

Binkey is a financial technology startup that aims to revolutionize savings and payments in the healthcare sector. Founded in 2022 and headquartered in the United States, the company's slogan is "Unlocking the future of savings and payments for the healthcare consumer." The startup offers an innovative API-enabled payment service designed to facilitate the acceptance of pre-tax health benefits such as FSA and HSA as a form of payment by merchants at checkout. This service not only benefits merchants but also allows customers to save on out-of-pocket health expenses, effectively acting as a "Paypal for your health."

Binkey's recent milestone includes securing a significant $3.30M Seed Round investment on 14 December 2023, attracting funding from reputable investors such as Wellington Management, SpringTide Ventures, 3CC | Third Culture Capital, and Plug and Play. This investment is indicative of the market confidence in Binkey's potential to disrupt the financial services and payments industries, particularly within the healthcare consumer sphere.

Taxonomy: API-enabled payment service, Healthcare consumer savings, FSA and HSA acceptance, Out-of-pocket health expenses, Financial technology, Healthcare payment solutions, Merchant services, Health benefits, Pre-tax payments, Healthcare fintech, Consumer finance, Digital payments, Consumer savings, Financial services

Services & Products

Full-stack solutions for unlocking and maximizing health benefits
including FSA+HSA Rewind
Binkey Pay
and Binkey Vision.

Target Customers

Retailers issuers e-commerce health and wellness stores financial institutions health benefit administrators and consumers with pre-tax health benefit accounts.

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $3.30M 4
Wellington Management SpringTide Ventures 3CC | Third Culture Capital
Wellington Management, SpringTide Ventures +2
14 Dec 2023

Binkey Alternatives & Competitors

View All Alternatives
Binkey vs
dLocal
dLocal Uruguay

Unlock the power of emerging markets: accept and send cross-border payments in Africa, Asia, and Lat...

Venture round
1339 employees
E-Commerce, Financial Services
Binkey vs
Banked : (Acquired by National Australia Bank)
Banked : (Acquired by National Australia Bank) United States

A global payments platform built on modern bank rails.

Acquired
58 employees
Financial Services, Fintech
Binkey vs
BOI Payment Acceptance
BOI Payment Acceptance Ireland

Simplifying payments around the globe.

100 employees
Financial Services, Payments
View all alternatives

FAQ About Binkey

Unlocking the future of savings and payments for the healthcare consumer
Binkey was founded in 2022.
Binkey is headquartered in Washington, United States.
Binkey operates in Financial Services and Payments. Its work centres on API-enabled payment service, Healthcare consumer savings, FSA and HSA acceptance and Out-of-pocket health expenses. Its customers include Retailers, issuers and e-commerce health and wellness stores.
Binkey has approximately 14 employees.
Binkey has completed 1 funding round, raising a total of $3.30M. The latest funding stage is Seed.
Binkey offers: Full-stack solutions for unlocking and maximizing health benefits, including FSA+HSA Rewind, Binkey Pay, and Binkey Vision..
Top alternatives and competitors to Binkey include dLocal, Banked : (Acquired by National Australia Bank), BOI Payment Acceptance, Send Payments, Finfare. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Binkey and dLocal 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 Binkey, https://bouncewatch.com/company/binkey, updated 24 March 2025. When citing, please name BounceWatch and link this page.

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