Beem It - About the company
Beem It is an acquired company based in Sydney (Australia), founded in 2010. It operates as a Provider of a mobile payment app facilitating peer-to-peer transactions. The company has 1356 active competitors, including 127 funded and 59 that have exited. Its top competitors include companies like Paytm, Grab and PhonePe.
Company Details
Provider of a mobile payment app facilitating peer-to-peer transactions. The app enables users to send and receive money instantly, eliminating the need for traditional banking details. Additional features include the ability to store loyalty cards, transfer funds between different bank accounts, and pay bills. The platform prioritizes security through encryption and real-time fraud monitoring. It also offers functionality for splitting bills among groups and sending money with personalized elements like GIFs and gift cards.
- Website
- beemit.com.au
- Email ID
- *****@beemit.com.au
Beem It's acquisition details
Beem It got acquired by Bolt on Apr 09, 2026.
Click here to take a look at Beem It's acquisition in detail
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Beem It's funding and investors
Beem It has not raised any funding rounds yet.
Beem It's founders and board of directors
Founder? Claim ProfileBeem It's employee count trend
Beem It has 48 employees as of Jul 24. Here is Beem It's employee count trend over the years:
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Beem It's Competitors and alternates
Top competitors of Beem It include Paytm, Grab and PhonePe. Here is the list of Top 10 competitors of Beem It, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Digital payment platform offering financial services, recharges and more | $3.16B | 88/100 | ||
2nd | Operator of a platform providing ride-hailing, food delivery, and payment services | $10.4B | 88/100 | ||
3rd | Provider of online payment, investment, insurance, and lending solutions | $1.01B | 86/100 | ||
4th | Provider of teen and adult spending accounts with UPI and card payments | $42.7M | 77/100 | ||
5th | RecargaPay 2004, Sao Paulo (Brazil), Series C | Mobile wallet and prepaid card provider | $127M | 76/100 | |
6th | Venmo 2009, New York City (United States), Acquired | Provider of a platform for sending and receiving payments between users | $1.3M | 76/100 | |
7th | Zilch 2018, London (United Kingdom), Series D | Direct-to-consumer ad-subsidised payments network | $565M | 75/100 | |
8th | Curve 2015, London (United Kingdom), Acquired | Provider of a digital wallet that consolidates cards and boosts value | $323M | 75/100 | |
9th | GCash 2015, Taguig (Philippines), Series D | Provider of a platform for financial transactions and related services | $175M | 74/100 | |
10th | bKash 2011, Dhaka (Bangladesh), Series C | Mobile financial services and payment system for consumers | $261M | 73/100 | |
206th | Provider of a mobile payment app facilitating peer-to-peer transactions | - | - | 41/100 |
Looking for more details on Beem It's competitors? Click here to see the top ones
Beem It's Investments and acquisitions
Beem It has made no investments or acquisitions yet.
Reports related to Beem It
Here is the latest report on Beem It's sector:
News related to Beem It
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Two Subway branches introduce new digital payment to better serve customersiTWire•May 17, 2022•eftpos, Beem It
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Banks and shops line up behind eQRiTWire•Oct 13, 2021•eftpos, CommBank, National Australia Bank, Coles and 4 others
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eftpos boosts 'diversification' into digital with deal to buy Beem ItiTWire•Nov 03, 2020•Beem It, eftpos
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