Balam
Balam provides technology to banks and fintechs, enabling them to offer remittances that are 80% cheaper and 10X faster.
28 employees · est. 2020 · Mexico
OpenPath is the older company (2020 vs 2015).
Side-by-Side Comparison
| Metric | Balam | OpenPath |
|---|---|---|
| Founded | ||
| Founded | 2020 | 2015 older |
| Headquarters | ||
| Headquarters | Mexico | Irvine, United States |
| Employees | ||
| Employees | 28 | 16 |
| Industry | ||
| Industry | Crypto, Payments | Analytics, E-Commerce, Fintech |
| Funding Stage | ||
| Funding Stage | Pre Seed | Series A |
| Total Funding | ||
| Total Funding | $400.00K | $8.00M |
| Funding Rounds | ||
| Funding Rounds | 1 | 1 |
| Services | ||
| Services | information requests management, website development, email marketing | Not tracked yet |
| Target Customers | ||
| Target Customers | web users, businesses seeking online presence, individuals interested in location-specific services | Not tracked yet |
| Taxonomy | ||
| Taxonomy | Remittance Technology, Fintech API, Cross-Border Payments, Blockchain Integration, AI Integration, Financial Compliance, WhatsApp Payments, Instant Money Transfers, Cost-Effective Remittances, Fast Transaction Processing, Partnered Financial Licenses, Digital Financial Services, Payment Technology Platform | Financial Technology, Payment Gateway, Payment Load Balancing, Risk And Fraud Management, E-commerce Solutions, Technology Integration, Global Payment Ecosystem, Subscription Management, API Connectivity, Merchant Services, Transaction Processing, EMV Authentication, Partnership Development |
| Website | ||
| Website | getbalam.com.mx | openpath.io |
About Balam
Balam, founded in 2020 and headquartered in Mexico, is positioned at the intersection of Crypto and Payments industries. With its compelling slogan, "Balam provides technology to banks and fintechs, enabling them to offer remittances that are 80% cheaper and 10X faster," the company underscores a si...
About OpenPath
OpenPath is a payment technology startup founded in 2016 in the United States. The company's slogan "Solve All Your Online Payments Problems" reflects its primary focus on creating advanced solutions for processing transactions. OpenPath aims to empower merchants by offering a technology platform th...
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Funding, hiring, leadership and stack changes at Balam and OpenPath — by email.
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Compiled from the BounceWatch company index. We last looked at Balam on 10 Sep 2025, and OpenPath on 15 Sep 2024. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.