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Toast logo — Send money to the Philippines effortlessly and securely with...

Toast

Send money to the Philippines effortlessly and securely with instant mobile transfers, zero hidden fees, and first transfer free of charge.

Founded 2015 Seed Total: $2.37M Financial Services, Fintech +2

General Information

Company Name Toast
Founded Year 2015
Industries Financial Services, Fintech, Mobile +1
Funding Stage Seed
Social

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About Toast

Toast is a South East Asian startup offering a seamless and secure solution for sending money to the Philippines. With the slogan "Send money to the Philippines effortlessly and securely with instant mobile transfers, zero hidden fees, and first transfer free of charge," Toast has positioned itself as an attractive option for individuals looking for hassle-free international money transfers. Founded in 2015, the company operates in the Financial Services, Fintech, Mobile, and Payments industries. The service allows users to send and receive transfers via mobile phone, eliminating the need for physical queues and long wait times. Users can deposit funds through bank deposits or a TOAST prepaid top-up card, and benefit from zero hidden fees for their transactions. Additionally, the first transfer is complimentary, adding value and attracting new users. In terms of security, Toast implements robust measures, such as bank-grade hardware and multi-signature digital currency wallets, to ensure the safety of all funds and data. This commitment to security is essential in building trust with users, especially in the fintech sector. In 10 November 2016, Toast secured a $1.50M Seed Round investment from prominent investors including 1776 Ventures, Aetius Capital, and Pepper Group. This investment demonstrates the confidence that these investors have in the company's potential and vision for the future. With its innovative approach and strategic partnerships, Toast is well-positioned to make a significant impact in the financial services and fintech sectors.

Taxonomy: Mobile money transfer, Digital currency, Bank deposits, Prepaid cards, Zero hidden fees, Secure money transfers, Instant transfers, Robust security measures

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 3
Investor Investor
•••• •••• 		10 Nov 2016
Seed Round •••••• 2
Investor Investor
09 Oct 2015
Seed Round •••••• - 11 Apr 2015

Toast Alternatives & Competitors

Toast vs
Nilfee Payments
Nilfee Payments United States

Experience the Future of International Payments

8 employees
Fintech
Toast vs
IsraTransfer
IsraTransfer Israel

Israel's Most Trusted Currency Exchange Experts

26 employees
Finance, Financial Services
Toast vs
MagmaSend
MagmaSend Cote D'ivoire (ivory Coast)

MAGMA caters to the African diaspora and businesses in providing seamless, instant and low cost cros...

24 employees
Finance, Financial Services

FAQ About Toast

Send money to the Philippines effortlessly and securely with instant mobile transfers, zero hidden fees, and first transfer free of charge.
Toast was founded in 2015.
Toast operates in the following industries: Financial Services, Fintech, Mobile, Payments.
Toast has completed 3 funding rounds, raising a total of $2.37M. The latest funding stage is Seed.
Top alternatives and competitors to Toast include Nilfee Payments, IsraTransfer, MagmaSend, Okapi Cash Limited, Rand Rescue UK. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Toast and Nilfee Payments 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.

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