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Dock - About the company

Dock is an acquired company based in Sao Paulo (Brazil), founded in 1997 by Antonio Soares and Diogo Frenkel. 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 540 active competitors, including 150 funded and 61 that have exited. Its top competitors include companies like Razorpay, TrueLayer and M2P Fintech.

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
Social
XFacebook
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
Ranked
Employee Count
1,000 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
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:lockFilter this list
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
-
-
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Dock's founders and board of directors

Founder? Claim Profile
The founders of Dock are Antonio Soares and Diogo Frenkel. Antonio Soares is the CEO of Dock.
Here are the details of Dock's key team members:

Dock's employee count trend

Dock has 1,000 employees as of Jun 26. Here is Dock's employee count trend over the years:
Employee count trend for Dock
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Dock's Competitors and alternates

Top competitors of Dock include Razorpay, TrueLayer and M2P Fintech. Here is the list of Top 10 competitors of Dock, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Razorpay
Razorpay
2014, Bengaluru (India), Series F
Provider of payment and business banking solutions for enterprises
$742M
85/100
2nd
Logo for TrueLayer
TrueLayer
2016, London (United Kingdom), Series E
Open banking platform enabling secure bank-to-bank payments and payouts
$322M
78/100
3rd
Logo for M2P Fintech
M2P Fintech
2014, Chennai (India), Series D
Provider of APIs enabling banking, lending, and payment financial services
$188M
74/100
4th
Logo for Cross River Bank
Cross River Bank
2008, Fort Lee (United States), Series D
Platform offering API-driven financial infrastructure
$898M
72/100
5th
Logo for Galileo
Galileo
2000, Sandy (United States), Acquired
Provider of cloud-based platform for financial technology and digital banking
$85M
72/100
6th
Logo for Solaris
Solaris
2016, Berlin (Germany), Acquired
Provider of banking-as-a-service platform offering digital banking and payment solutions
$736M
72/100
7th
Logo for Trustly
Trustly
2008, San Carlos (United States), Acquired
Open banking-enabled payment processing solution for businesses
$28.7M
71/100
8th
Logo for TransBnk
TransBnk
2022, Delhi (India), Series B
Provider of open finance infrastructure for transaction banking and related services
$30M
70/100
9th
Logo for Pomelo
Pomelo
2021, Buenos Aires (Argentina), Series C
Platform offering open banking API
$158M
69/100
10th
Logo for Yapily
Yapily
2017, London (United Kingdom), Series B
Provider of open banking platform facilitating payments and financial data access
$70.8M
69/100
30th
Logo for Dock
Dock
1997, Sao Paulo (Brazil), Acquired
Developer of open banking API solutions
$280M
61/100
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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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FAQs about Dock

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