When was Finicity founded?

Finicity was founded in 1999 and raised its 1st funding round 15 years after it was founded.

Where is Finicity located?

Finicity is headquartered in Salt Lake City, United States. It is registered at Floor 11, 1101 Building no. 9, Gigaplex Estate Private Li,ited, Plot No. IT-5, Mindspace, Airoli West, Navi Mumbai, Airoli, Thane, Thane, Maharashtra, India, 400708.

How many employees does Finicity have?

As of May 31, 2026, the latest employee count at Finicity is 525.

Is Finicity a funded company?

Finicity is a funded company, having raised a total of $80M across 3 funding rounds to date. The company's 1st funding round was a $***** Unattributed round, raised on Apr 21, 2014.

When was the latest funding round of Finicity?

Finicity's latest funding was a $***** Series B round on Jul 23, 2018, with participation from 0 investor.

Where does Finicity rank among its competitors?

Finicity ranks 4th amongst 51 active competitors, of which 22 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Spade, which secured $40M in Mar, 2026.

Who are the top competitors of Finicity?

Finicity's top competitors include Plaid, MX and Belvo. Among them, Spade secured the most recent funding round in March, 2026.

Finicity - 2026 Company Profile, Team, Funding & Competitors

Q: Is Finicity an acquired company?

Finicity got acquired by Mastercard on Jun 23, 2020.

Finicity is an acquired company based in Salt Lake City (United States), founded in 1999 by Nick Thomas and Steven Smith. It operates as an Open banking aggregation API solutions. Finicity has raised $80M in funding from Experian. The company has 51 active competitors, including 22 funded and 6 that have exited. Its top competitors include companies like Plaid, MX and Belvo.

Company Details

Finicity provides open banking aggregation API solutions for the financial services industry. It provides aggregation APIs for transaction aggregation, account history aggregation, statement aggregation, and more. It also offers APIs for ACH account verification, verification of income, and verification of assets. It also facilitates account creation & fraud mitigation.

Website: finicity.com
Social
Email ID: *****@finicity.com
Registered Address: Floor 11, 1101 Building no. 9, Gigaplex Estate Private Li,ited, Plot No. IT-5, Mindspace, Airoli West, Navi Mumbai, Airoli, Thane, Thane, Maharashtra, India, 400708

Key Metrics

Founded Year

1999

Location

Salt Lake City, United States

Stage

Acquired

Total Funding

$80M in 3 rounds

Latest Funding Round

Series B, Jul 23, 2018, $*****

Investors

Experian & 3 more

Ranked

4^th among 51 active competitors

Employee Count

525 as on May 31, 2026

Investment & Acquisitions

Aurora Financial Services

Similar Companies

Plaid & 62 more

Exit Details

Acquired by Mastercard (Jun 23, 2020)

View Finicity's full profile

Finicity is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FINICITY CORPORATION CIN: - , Belgium, Active		-	-	-
Finicity Corp CIN: 1605738 , United States, Active		$5M - $25M (As on Jul 23, 2018)	-	-
FINICITY TECHNOLOGIES PRIVATE LIMITED CIN: U72200MH2005PTC154044 , India, Active	Jun 17, 2005	₹100 - ₹500 Cr (As on Mar 31, 2025)	-

Finicity got acquired by Mastercard on Jun 23, 2020 at an acquisition amount of $*****.

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

Finicity has raised a total funding of $80M over 3 rounds. Its first funding round was on Apr 21, 2014. Finicity has 4 institutional investors.

Here is the list of recent funding rounds of Finicity:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 23, 2018	9237735	Series B	8976233	5219255	7066117	3739065
Oct 31, 2016	7137276	Series B	5813868	5692790	4987866	Bridge Bank
Apr 21, 2014	9079899	Unattributed	6811473	5758206	3613039	8508455

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View details of Finicity's funding rounds and investors

The founders of Finicity are Nick Thomas and Steven Smith.

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

Nick Thomas: Co-Founder of Finicity and founder of 1 other company.
Steven Smith: Former Co-Founder of Finicity.

View details of Finicity's Founder profiles and Board Members

Finicity's employee count trend

Finicity has 525 employees as of May 26. Here is Finicity's employee count trend over the years:

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Top competitors of Finicity include Plaid, MX and Belvo. Here is the list of Top 10 competitors of Finicity, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Plaid 2012, San Francisco (United States), Series E	Provider of a network for connecting financial accounts to applications	$1.32B	New Enterprise Associates, Spark Capital ... & 72 others	69/100
2nd	MX 2010, Lehi (United States), Series C	Provider of data-driven analytics and open banking API for businesses	$610M	TTV Capital, Commerce Ventures & 36 others	69/100
3rd	Belvo 2019, Sao Paulo (Brazil), Series A	Developer of open banking API solutions	$74.3M	Kaszek, FJ Labs & 28 others	69/100
4th	Finicity 1999, Salt Lake City (United States), Acquired	Open banking aggregation API solutions	$80M	Angelneers, Experian & 2 others	63/100
5th	Spade 2021, New York City (United States), Series B	Online platform for data API	$61.2M	Andreessen Horowitz, Oak HC/FT & 6 others	59/100
6th	Atto 2010, Edinburgh (United Kingdom), Acquired	Transaction data platform for businesses	$14.6M	Amadeus Capital, Ingka & 41 others	58/100
7th	Heron Data 2020, London (United Kingdom), Series A	Open banking APIs for banks & financial institutions	$17.4M	Y Combinator, Insight Usa & 9 others	55/100
8th	Rutter 2019, San Francisco (United States), Series A	API-based finance and accounting management platform	$28.5M	Andreessen Horowitz, Liquid 2 Ventures & 10 others	54/100
9th	FinTecSystems 2014, Munich (Germany), Acquired	Open banking API solutions	$5.33M	Heilemann Ventures, Reimann Investors & 5 others	54/100
10th	SmartStream 1988, London (United Kingdom), Acquired	Provider of data management and reconciliation solutions for financial institutions	-	Investment Corporation of Dubai, TA Associates	52/100