Where is Banno located?

Banno is headquartered in Cedar Falls, United States. It is registered at Allen, Texas.

Who is the current CEO of Banno?

Wade Arnold of Banno. They have also founded 1 company.

How many employees does Banno have?

As of Dec 31, 2020, Banno has 6810 employees, reflecting a 4% year-over-year growth in headcount.

Is Banno a funded company?

Banno is a funded company, having raised a total of $500K across 2 funding rounds to date. The company's 1st funding round was a $***** Angel round.

When was the latest funding round of Banno?

Banno's latest funding was a $***** Conventional Debt round on Sep 24, 2012, with participation from 1 investor. Its primary sector is Banking Tech. In United States, the Banking Tech sector has seen $2.5B in funding in 2026 to date.

Where does Banno rank among its competitors?

Banno ranks 48th amongst 657 active competitors, of which 156 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Cross River Bank, which secured $20M in Oct, 2026.

Who are the top competitors of Banno?

Banno's top competitors include TrueLayer, Moniepoint and Cross River Bank. Among them, Cross River Bank secured the most recent funding round in October, 2026.

Banno - 2026 Company Profile, Team, Funding & Competitors

Company Details

Open banking API solutions. It offers multiple solutions for financial institutions including digital banking with accounts, card management, reports, and authentications, back-office and chats operations, marketing with digital bank solution integration, white-labeled advertisements, smart links, insights, and more.

Website: banno.com
Social
Registered Address: Allen, Texas

Key Metrics

Founded Year

2008

Location

Cedar Falls, United States

Stage

Acquired

Total Funding

$500K in 2 rounds

Latest Funding Round

Conventional Debt, Sep 24, 2012, $*****

Ranked

48^th among 657 active competitors

Employee Count

6,810 as on Dec 31, 2020

Similar Companies

TrueLayer & 518 more

Exit Details

Acquired by Jack Henry (Mar 04, 2014)

View Banno's full profile

Banno is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
JACK HENRY & ASSOCIATES INC CIN: 431128385 , United States, Active	Dec 26, 999	-	7243 (As on Dec 31, 2024)	-

Banno got acquired by Jack Henry on Mar 04, 2014.

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

Banno has raised a total funding of $500K over 2 rounds. Its latest funding round was a Conventional Debt round on Sep 24, 2012 for $*****. 1 investor participated in its latest round. Banno has 1 institutional investor.

Here is the list of recent funding rounds of Banno:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 24, 2012	1453454	Conventional Debt	6755390	1474664	7591559	3615338

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View details of Banno's funding rounds and investors

The founders of Banno is Wade Arnold.

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

Wade Arnold: Founder & CEO of Banno and founder of 1 other company.
Contact Info: 1 email address

View details of Banno's Founder profiles and Board Members

Banno's employee count trend

Banno has 6,810 employees as of Dec 20. The total employee count is 3.0% more than what it was in Dec 19. Here is Banno's employee count trend over the years:

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Top competitors of Banno include TrueLayer, Moniepoint and Cross River Bank. Here is the list of Top 10 competitors of Banno, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	TrueLayer 2016, London (United Kingdom), Series E	Provider of open banking infrastructure for digital payments and verification	$349M	Northzone, Temasek & 28 others	77/100
2nd	Moniepoint 2019, London (United Kingdom), Series C	Provider of integrated financial services for business and individual users	$266M	Novastar Ventures, Quantum Capital Partners ... & 22 others	76/100
3rd	Cross River Bank 2008, Fort Lee (United States), Series D	Platform offering API-driven financial infrastructure	$918M	Shefa Capital, Eldridge Industries & 20 others	74/100
4th	Galileo 2000, Sandy (United States), Acquired	Provider of cloud-based platform for financial technology and digital banking	$85M	Mercato Partners, Accel & 3 others	72/100
5th	Pomelo 2021, Buenos Aires (Argentina), Series C	Platform offering open banking API	$158M	Kaszek, Tiger Global Management & 40 others	71/100
6th	Trustly 2008, San Carlos (United States), Acquired	Open banking-enabled payment processing solution for businesses	$28.7M	Neuberger Berman, Investment Corporation of Dubai ... & 7 others	71/100
7th	Modulr 2016, London (United Kingdom), Series C	Provider of automated payment processing and financial infrastructure software tools	$200M	Highland Europe, General Atlantic & 23 others	69/100
8th	Belvo 2019, Sao Paulo (Brazil), Series A	Developer of open banking API solutions	$74.3M	Kaszek, Kibo Ventures & 28 others	69/100
9th	Lean 2019, Riyadh (Saudi Arabia), Series B	Provider of open banking platform for financial data and payments	$104M	Peak XV Partners, Raed Ventures & 29 others	69/100
10th	Griffin 2017, London (United Kingdom), Series A	Provider of banking infrastructure and embedded financial product software interfaces	$67.4M	MassMutual Ventures, NordicNinja & 41 others	69/100
48th	Banno 2008, Cedar Falls (United States), Acquired	Open banking API solutions	$500K	-	58/100