Rackle logo — Instant Neobanking wherever you are

Rackle

Instant Neobanking wherever you are

Founded 2020 United Kingdom Istanbul, United Kingdom 4 employees Seed Total: $600.00K Financial Services, Fintech +1

General Information

Company Name Rackle
Founded Year 2020
Location United Kingdom Istanbul, United Kingdom
Founders / Decision Makers
Team member
Employees 4
Industries Financial Services, Fintech, Banking
Funding Stage Seed
Business Model B2B, SaaS, API
Revenue Model Usage Based, Service Fee, Subscription

BounceWatch is an independent company data service, not affiliated with Rackle. To contact Rackle, visit rackle.io.

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 Rackle compare?

A PDF of Rackle 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 Rackle 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 Rackle

Rackle is a UK-based startup founded in 2020 that positions itself as a transformative force in financial technology with its Banking-as-a-Service (BaaS) platform. Its slogan, "Instant Neobanking wherever you are," encapsulates its promise to deliver seamless integration of sophisticated financial features to its clients.

The company's value proposition lies in its ability to expedite time-to-market for fintech businesses, enabling them to efficiently deploy and expand their banking functionalities both locally and internationally. With a focus on European markets, Rackle plans to further its reach, including an imminent expansion into the UK.

Most recently, Rackle secured a €500.00K seed investment in March 2023, backed by Deniz Ventures and Arz Portfolio. This financial infusion is aimed at fortifying its market presence and facilitating strategic ventures within the fintech and banking industries.

Business keywords: Neobanking, Banking as a Service (BaaS), Financial Integration, Market Expansion, Product Launch, Strategic Partnerships, Innovation, Jurisdiction Expansion, Cost Efficiency, Platform Expansion, European Market, Financial Features, Time to Market

Services & Products

Accounts and Wallets
Card Issuance
Lending Solutions
Payments Processing

Target Customers

Fintech Companies E-commerce Platforms Sports Clubs Travel Agencies Automotive Industry Educational Institutions Developers and Builders

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed €500.00K 2
Deniz Ventures, Arz Portfolio
01 Mar 2023
Seed £100.00K -
01 Jul 2020

Rackle Alternatives & Competitors

View All Alternatives
Rackle vs
Tuum
Tuum Estonia

The core that lets you keep pace with an AI-fueled, ever-changing market | Cloud-native, API-first,...

Series B
139 employees
Fintech, Banking
Rackle vs
ClearBank
ClearBank United Kingdom

The bank built for game changers

Growth
770 employees
Financial Services, Fintech
Rackle vs

Our powerful APIs and payments platform offer the easiest way to create sophisticated card-based and...

Acquired
1039 employees
Defi, Finance

FAQ About Rackle

Instant Neobanking wherever you are
Rackle was founded in 2020.
Rackle is headquartered in Istanbul, United Kingdom.
Rackle operates in Financial Services, Fintech and Banking. Its work centres on Neobanking, Banking as a Service (BaaS), Financial Integration and Market Expansion. Its customers include Fintech Companies, E-commerce Platforms and Sports Clubs.
Rackle has a B2B, SaaS and API business model. Its revenue comes from Usage Based, Service Fee and Subscription.
Rackle has approximately 4 employees.
Rackle has completed 2 funding rounds, raising a total of $600.00K. The latest funding stage is Seed.
Rackle offers: Accounts and Wallets, Card Issuance, Lending Solutions, Payments Processing.
Top alternatives and competitors to Rackle include Tuum, ClearBank, Galileo Financial Technologies, Staq.io, FintechX Technologies. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Rackle and Tuum 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 Rackle, https://bouncewatch.com/company/rackle, updated 12 August 2026. When citing, please name BounceWatch and link this page.

Analytics cookies (ours + Google). Cookie Policy

Book a demo 30 minutes