Skip to content
coil logo — Seamless bank payments to cut out credit card fees and reduc...

coil

Seamless bank payments to cut out credit card fees and reduce churn

Founded 2022 United States San Francisco, United States 1 employees Pre-Seed Total: $500.00K Finance, Fintech +1

General Information

Company Name coil
Founded Year 2022
Location United States San Francisco, United States
Employees 1
Industries Finance, Fintech, Payments
Funding Stage Pre-Seed
Social

BounceWatch is an independent company data service, not affiliated with coil. To contact coil, visit trycoil.com.

Is this your company?

Confirm with your work e-mail, get the Verified badge and keep this profile correct yourself. Search engines and AI assistants read it every day.

Get Verified

How does coil compare?

A PDF of coil and up to 10 competitors you pick: team, funding, traffic and every dated move of the last 90 days. Each company is re-checked on the day you order, so it is current.

See a sample report

This takes a few seconds: we look beyond our own index too.

Meeting coil soon?

A one-page PDF brief: what it does, key facts, the last 90 days of dated moves and questions worth asking. Re-checked on the day you order. See a sample

About coil

Coil is a finance and payments startup based in the United States, founded in 2022. The company's slogan "Seamless bank payments to cut out credit card fees and reduce churn" encapsulates its mission to assist businesses in seamlessly collecting bank payments, thus eliminating credit card fees and decreasing churn. With a team comprised of proven industry veterans, Coil is dedicated to enhancing their clients' payment processes. Their latest milestone includes a $500.00K Pre Seed Round investment on 05 April 2023, secured from Y Combinator. This investment reflects the confidence that prominent players in the industry have in Coil's vision.

Business keywords: bank payments, credit card fees, churn reduction, payment processing, business solutions, banking services

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Pre Seed Round $500.00K 1
Y Combinator
05 Apr 2023

coil Alternatives & Competitors

View All Alternatives
coil vs
GoCardless
GoCardless United Kingdom

We help 100,000 businesses get paid on time. No late payments, stress, or hidden fees. Just bank-to-...

Acquired
862 employees
Financial Services, Fintech
coil vs

Experience seamless and cost-effective transactions with secure, direct bank payments, eliminating f...

Seed
Financial Services, Fintech
coil vs

A global payments platform built on modern bank rails.

Acquired
56 employees
Financial Services, Fintech

FAQ About coil

Seamless bank payments to cut out credit card fees and reduce churn
coil was founded in 2022.
coil is headquartered in San Francisco, United States.
coil operates in Finance, Fintech and Payments. Its work centres on bank payments, credit card fees, churn reduction and payment processing.
coil has approximately 1 employees.
coil has completed 1 funding round, raising a total of $500.00K. The latest funding stage is Pre-Seed.
Top alternatives and competitors to coil include GoCardless, Kash, Banked : (Acquired by National Australia Bank), Sway, Paymatrix. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
coil and GoCardless 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 coil, https://bouncewatch.com/company/coil, updated 5 January 2025. When citing, please name BounceWatch and link this page.

Analytics cookies (ours + Google). Cookie Policy

Talk to an analyst Book a 7-day Readout