Dock - About the company
Dock is an acquired company based in Sao Paulo (Brazil), founded in 1997 by Diogo Frenkel and Antonio Soares. It operates as a Developer of open banking API solutions. Dock has raised $280M in funding from investors like Viking Global Investors, Visa and Lightrock, with last known valuation of $1.5B. The company has 657 active competitors, including 154 funded and 61 that have exited. Its top competitors include companies like Razorpay, TrueLayer and Moniepoint.
Sectors and market segments that Dock operate in
Dock serves in the FinTech market segments.The primary business model of Dock is:Company Details
Developer of open banking API solutions. It provides users with banking-as-a-platform via open APIs. It also provides a white-label mobile banking platform along with white-label debit cards. It also enables banks to provide services to customers such as P2P money transfers, cash withdrawals, bill payments, and more via mobile platforms.
- Website
- dock.tech
- Phone Number
- +55 **********
Key Metrics
Founded Year
1997
Location
Sao Paulo, Brazil
Stage
Acquired
Total Funding
$280M in 4 rounds
Latest Funding Round
Last Known Valuation
$1.5B as on May 13, 2022
Investors
Ranked
30th among 657 active competitors
Employee Count
992 as on Aug 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Riverwood Capital (Nov 19, 2014)
Dock's acquisition details
Dock got acquired by Riverwood Capital on Nov 19, 2014.
Click here to take a look at Dock's acquisition in detail
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Dock's funding and investors
Dock has raised a total funding of $280M over 4 rounds. Its first funding round was on Oct 23, 2018. Its latest funding round was a Series D round on May 12, 2022 for $110M. 5 investors participated in its latest round. Dock has 9 institutional investors.
Here is the list of recent funding rounds of Dock:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 12, 2022 | $110M | Series D | $1.5B | - | ||
Dec 09, 2020 | $20M | Series D | - | - | ||
Oct 30, 2020 | $150M | Series D | - | - |
View details of Dock's funding rounds and investors
Dock's founders and board of directors
Founder? Claim ProfileHere are the details of Dock's key team members:
- Diogo Frenkel: Co-Founder of Dock. Contact Info: 1 email address
- Antonio Soares: Co-Founder & CEO of Dock.
View details of Dock's Founder profiles and Board Members
Dock's employee count trend
Dock has 992 employees as of Aug 26. Here is Dock's employee count trend over the years:
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Dock's Competitors and alternates
Top competitors of Dock include Razorpay, TrueLayer and Moniepoint. Here is the list of Top 10 competitors of Dock, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of a comprehensive financial platform for businesses to accept, process, and disburse payments | $742M | 85/100 | ||
2nd | TrueLayer 2016, London (United Kingdom), Series E | Provider of open banking infrastructure for digital payments and verification | $322M | 78/100 | |
3rd | Moniepoint 2019, London (United Kingdom), Series C | Provider of integrated financial services for business and individual users | $266M | 75/100 | |
4th | M2P Fintech 2014, Chennai (India), Series D | Provider of APIs enabling banking, lending, and payment financial services | $188M | 74/100 | |
5th | Cross River Bank 2008, Fort Lee (United States), Series D | Platform offering API-driven financial infrastructure | $898M | 72/100 | |
6th | Galileo 2000, Sandy (United States), Acquired | Provider of cloud-based platform for financial technology and digital banking | $85M | 72/100 | |
7th | Provider of banking-as-a-service platform offering digital banking and payment solutions | $736M | 71/100 | ||
8th | Trustly 2008, San Carlos (United States), Acquired | Open banking-enabled payment processing solution for businesses | $28.7M | 71/100 | |
9th | Platform offering open banking API | $158M | 70/100 | ||
10th | Yapily 2017, London (United Kingdom), Series B | Provider of open banking platform facilitating payments and financial data access | $70.8M | 69/100 | |
30th | Developer of open banking API solutions | $280M | 62/100 |
Looking for more details on Dock's competitors? Click here to see the top ones
Dock's Investments and acquisitions
Dock has acquired 2 companies including Cacao Paycard and BPP. Dock has not made any investments as of now.Reports related to Dock
Here is the latest report on Dock's sector:
News related to Dock
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Cade Superintendence approves acquisition of DM Direct Credit Society by DockISTO PUBLICAES LTDA•May 05, 2025•Dock, Vocedm.com.br
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Credibanco and Dock partner to introduce instant payments in ColombiaThe Paypers•Feb 27, 2025•CredibanCo, Dock
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Credibanco and Dock launch instant payments solution in ColombiaPR Newswire•Feb 27, 2025•CredibanCo, Dock
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Parabank Partners with Dock to Launch World’s First Credit Solution Created for People with DisabilitiesFintech Finance•Sep 20, 2024•Dock, Parabank
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cheqd Teams Up with Dock to Accelerate Global Decentralized Identity AdoptionCoinspeaker•Sep 18, 2024•cheqd, Dock, Dock
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Ant International Collaborates with Brazilian Partners to Drive Financial Inclusion with Innovative Credit Tech SolutionsBusiness Wire•Aug 31, 2024•Antglobal, Dock, Dock
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Fintech Brasileiro Dock partners with Chinese giant Ant GroupGrupoglobo•Aug 31, 2024•Ant Group, Dock
•
Dock and Visa Work Together to Bolster Financial Inclusion in ColombiaThe Fintech Times•Aug 23, 2024•Dock, Visa
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