Code - About the company
Code is a seed company based in Waterloo (Canada), founded in 2001. It operates as a Blockchain-based cross-border payment solution for individuals and businesses. Code has raised $6.5M in funding from Union Square Ventures and M13 Company. The company has 830 active competitors, including 109 funded and 43 that have exited. Its top competitors include companies like Payoneer, Remitly and Wise.
Company Details
Blockchain-based cross-border payment solution for individuals and businesses. Enables to send and receive money, and pay bills through any messenger.
Key Metrics
Founded Year
2001
Location
Waterloo, Canada
Stage
Seed
Total Funding
$6.5M in 1 round
Latest Funding Round
Investors
Ranked
115th among 830 active competitors
Employee Count
9 as on Jan 05, 2026
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Code's funding and investors
Code has raised a total funding of $6.5M over 1 round. Its latest funding round was a Seed round on Feb 06, 2024 for $*****. 7 investors participated in its latest round. Code has 2 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of Code:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 06, 2024 | 9997468 | Seed | 3224692 | 4450479 | 8060499 | 7130129 |
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Code's founders and board of directors
Founder? Claim ProfileCode's employee count trend
Code has 9 employees as of Jan 26. Here is Code's employee count trend over the years:
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Code's Competitors and alternates
Top competitors of Code include Payoneer, Remitly and Wise. Here is the list of Top 10 competitors of Code, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Payoneer 2005, New York City (United States), Public | Provider of cross-border payment solutions for freelancers, businesses, and marketplaces | $269M | 84/100 | |
2nd | Remitly 2011, Seattle (United States), Public | Provider of international money transfer services with multiple delivery options | $436M | 84/100 | |
3rd | Wise 2011, Shoreditch (United Kingdom), Public | Provider of international money transfer and multi-currency | $1.03B | 83/100 | |
4th | Ebury 2009, London (United Kingdom), Acquired | Provider of global payment solutions, currency risk management, and business lending | $374M | 79/100 | |
5th | Venmo 2009, New York City (United States), Acquired | Provider of a platform for sending and receiving payments between users | $1.3M | 76/100 | |
6th |  Xoom 2001, San Francisco (United States), Acquired | Provider of online service for international money transfers, bill payments | $106M | 76/100 | |
7th | TransferGo 2012, London (United Kingdom), Series C | Cross-border remittance solution for consumers and businesses | $110M | 66/100 | |
8th | Provider of a platform for managing and automating international salary payments | $38.9M | 73/100 | ||
9th |  Tipalti 2010, Foster City (United States), Series F | Cloud-based procurement and invoice management solutions for businesses | $553M | 73/100 | |
10th | Remessa Online 2016, Sao Paulo (Brazil), Acquired | Provider of international money transfer services for individuals and businesses | $21.5M | 73/100 | |
115th | Blockchain-based cross-border payment solution for individuals and businesses | $6.5M | 38/100 |
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Code's Investments and acquisitions
Code has made no investments or acquisitions yet.
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