When was Banked founded?

Banked was founded in 2018 and raised its 1st funding round within a year of its incorporation.

Where is Banked located?

Banked is headquartered in Palo Alto, United States.

Who is the current CEO of Banked?

Brad Goodall of Banked. They have also founded 2 companies.

Which legal entities is Banked associated with?

Banked is associated with Banked Ltd and 1 other.

How many employees does Banked have?

As of Sep 30, 2026, the latest employee count at Banked is 56.

Is Banked a funded company?

Banked is a funded company, having raised a total of $50M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 19, 2018.

When was the latest funding round of Banked?

Banked's latest funding was a $***** Series A round on Nov 15, 2022, with participation from 5 investors.

What is the annual revenue of Banked?

Annual revenue of Banked is less than £1M as on Nov 30, 2023

Where does Banked rank among its competitors?

Banked ranks 351st amongst 6047 active competitors, of which 509 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Flutterwave, which secured an undisclosed amount in Jul, 2026.

Who are the top competitors of Banked?

Banked's top competitors include PayPal, Stripe and Razorpay. Among them, Flutterwave secured the most recent funding round in July, 2026.

Banked - 2026 Company Profile, Team, Funding, Competitors & Financials

Banked is an acquired company based in Palo Alto (United States), founded in 2018 by Brad Goodall, Patrick Cox, Ellen Thornhill Fernandes and Neil Ambler. It operates as a Provider of real time account to account payment processing technology. Banked has raised $50M in funding from investors like Insight Partners, Bank of America and Force Over Mass. The company has 6047 active competitors, including 509 funded and 479 that have exited. Its top competitors include companies like PayPal, Stripe and Razorpay.

Company Details

Provider of real time account to account payment processing technology. This platform facilitates direct transactions between consumers, businesses, and financial institutions using modern banking infrastructure. The system enables checkout solutions, payment links, and instant payouts while incorporating biometric authorization and encryption protocols to manage fraud risks. Merchants utilize these tools to reduce transaction costs and improve cash flow through immediate settlement. The technology integrates via a single interface to support various payment functions including refunds and customer incentive programs.

Website: banked.com
Social
Phone Number: +44 **********

Key Metrics

Founded Year

2018

Location

Palo Alto, United States

Stage

Acquired

Total Funding

$50M in 4 rounds

Latest Funding Round

Series A, Nov 15, 2022, $*****

Investors

Insight Partners & 37 more

Ranked

351^st among 6047 active competitors

Annual Revenue

£0 - £1M as on Nov 30, 2023

Employee Count

56 as on Sep 30, 2026

Investment & Acquisitions

VibePay & 1 more

Similar Companies

Flutterwave & 3766 more

Exit Details

Acquired by National Australia Bank (May 14, 2026)

View Banked's full profile

Banked is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BANKED LIMITED CIN: 8501386 , New Zealand, Active	Oct 25, 2022	-	-
Banked Ltd CIN: 11047186 , United Kingdom, Active	Nov 02, 2017	£0 - £1M (As on Nov 30, 2023)	25 (As on Nov 30, 2021)

Banked got acquired by National Australia Bank on May 14, 2026.

Click here to take a look at Banked's acquisition in detail

Banked has raised a total funding of $50M over 4 rounds. Its first funding round was on Nov 19, 2018. Its latest funding round was a Series A round on Nov 15, 2022 for $*****. 5 investors participated in its latest round. Banked has 23 institutional investors and 15 angel investors.

Here is the list of recent funding rounds of Banked:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 15, 2022	3805412	Series A	7632040	3093811	1837256	6327074
Feb 14, 2022	4301380	Series A	9143964	1897485	2111226	Acrew Capital & 9 more
May 06, 2020	4763720	Seed	9482298	8337063	Force Over Mass	Backed & 2 more

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View details of Banked's funding rounds and investors

The founders of Banked are Brad Goodall, Patrick Cox, Ellen Thornhill Fernandes and Neil Ambler. Brad Goodall is the CEO of Banked.

Here are the details of Banked's key team members:

Brad Goodall: Co-Founder & CEO of Banked and founder of 2 other companies, Pay by B and 10x. They serve on the board of 1 company.
Contact Info: 2 email addresses
Patrick Cox: Co-Founder of Banked.
Contact Info: 1 email address
Ellen Thornhill Fernandes: Co-Founder of Banked.
Neil Ambler: Co-Founder & COO of Banked.
Contact Info: 1 email address

View details of Banked's Founder profiles and Board Members

Banked's employee count trend

Banked has 56 employees as of Sep 26. Here is Banked's employee count trend over the years:

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Top competitors of Banked include PayPal, Stripe and Razorpay. Here is the list of Top 10 competitors of Banked, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PayPal 1998, United States, Public	Provider of online payment solutions, money transfers, and virtual wallets	$216M	ING, MDP & 29 others	87/100
2nd	Stripe 2010, San Francisco (United States), Series I	Provider of financial infrastructure solutions for revenue growth and payment processing	$9.81B	General Catalyst, Sequoia Capital & 135 others	86/100
3rd	Razorpay 2014, Bengaluru (India), Series F	Provider of payment and business banking solutions for enterprises	$742M	Peak XV Partners, GIC & 35 others	85/100
4th	Flutterwave 2016, San Francisco (United States), Series E	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Mastercard & 73 others	83/100
5th	Xendit 2015, Jakarta (Indonesia), Series D	Online payment and money transfer platform for businesses	$554M	Accel, Amasia & 28 others	83/100
6th	Airwallex 2015, San Francisco (United States), Series H	Provider of financial infrastructure for processing payments and managing treasury	$1.9B	Lone Pine Capital, Addition & 52 others	83/100
7th	Adyen 2006, Amsterdam (Netherlands), Public	Provider of end-to-end payment, data, and financial management platform solutions	$266M	Index Ventures, Iconiq Capital & 15 others	82/100
8th	Pine Labs 1998, Noida (India), Public	Provider of in-store and online payment, prepaid, and financial solutions	$954M	Peak XV Partners, Actis & 186 others	80/100
9th	PayU 2002, Amsterdam (Netherlands), Funding Raised	Provider of online payment solutions and financial services for businesses	-	PROSPER, Gecad Ventures & 4 others	79/100
10th	Mercado Pago 2003, Buenos Aires (Argentina), Series D	Provider of online payment processing and digital financial services	$233M	Goldman Sachs, Citi & 1 others	77/100
351st	Banked 2018, Palo Alto (United States), Acquired	Provider of real time account to account payment processing technology	$50M	Citi, National Australia Bank & 36 others	46/100