When was MaxRewards founded?

MaxRewards was founded in 2016 and raised its 1st funding round 3 years after it was founded.

Where is MaxRewards located?

MaxRewards is headquartered in Atlanta, United States.

How many employees does MaxRewards have?

As of Jan 05, 2026, the latest employee count at MaxRewards is 12.

Is MaxRewards a funded company?

MaxRewards is a funded company, having raised a total of $4M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 14, 2019.

When was the latest funding round of MaxRewards?

MaxRewards' latest funding was a $***** Seed round on Sep 10, 2021, with participation from 6 investors.

Where does MaxRewards rank among its competitors?

MaxRewards ranks 375th amongst 1525 active competitors, of which 166 are funded. It stands 19th in terms of total funding among its competitors. The most recent competitor to raise funding was Zilch, which secured $175M in Nov, 2025.

Who are the top competitors of MaxRewards?

MaxRewards' top competitors include Grab, PhonePe and Paytm. Among them, Zilch secured the most recent funding round in November, 2025.

MaxRewards - 2026 Company Profile, Team, Funding & Competitors

Company Details

App-based wallet for individuals. It offers services such as money transfers, bill payments, online merchants, credit score checks, and more. App is available on iOS and Android devices.

Website: maxrewards.com
Social
Email ID: *****@maxrewards.co

Key Metrics

Founded Year

2016

Location

Atlanta, United States

Stage

Seed

Total Funding

$4M in 2 rounds

Latest Funding Round

Seed, Sep 10, 2021, $*****

Investors

Dundee Venture Capital & 7 more

Ranked

375^th among 1525 active competitors

Employee Count

12 as on Jan 05, 2026

Similar Companies

Grab & 1950 more

View MaxRewards' full profile

MaxRewards is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MAXREWARDS, INC. CIN: 814249074 , United States, Active	Dec 31, 1999	-	7 (As on Dec 31, 2024)	-

MaxRewards has raised a total funding of $4M over 2 rounds. Its first funding round was on Jul 14, 2019. Its latest funding round was a Seed round on Sep 10, 2021 for $*****. 6 investors participated in its latest round. MaxRewards has 7 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of MaxRewards:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 10, 2021	1265007	Seed	3599314	2540502	8760336	5348441
Jul 14, 2019	6446887	Seed	3744209	7564847	Techstars Atlanta & 1 more	1651489

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View details of MaxRewards's funding rounds and investors

The founders of MaxRewards is David Gao.

Here are the details of MaxRewards' key team members:

David Gao: Co-Founder of MaxRewards and founder of 1 other company.

View details of MaxRewards's Founder profiles and Board Members

MaxRewards' employee count trend

MaxRewards has 12 employees as of Jan 26. Here is MaxRewards's employee count trend over the years:

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Top competitors of MaxRewards include Grab, PhonePe and Paytm. Here is the list of Top 10 competitors of MaxRewards, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Grab 2012, Singapore (Singapore), Public	Operator of a platform providing ride, food, mart, and express services	$10.4B	Didi, Tokyo Century & 104 others	88/100
2nd	PhonePe 2012, Bengaluru (India), Acquired	Provider of payment, financial, investment, lending, and related technology services	$1.01B	Walmart, General Atlantic & 27 others	86/100
3rd	Paytm 2000, Noida (India), Public	Provider of online payment, recharge, financial, travel, and business solutions	$3.16B	Alibaba Group, Ant Group & 75 others	82/100
4th	MobiKwik 2009, Gurugram (India), Public	Provider of mobile payment solutions, digital financial services, and loan products	$284M	Peak XV Partners, Dosch Pharmaceuticals ... & 124 others	78/100
5th	FamApp 2019, Bengaluru (India), Series A	Provider of teen and adult spending accounts with UPI and card payments	$42.7M	Global Founders Capital, Y Combinator & 15 others	77/100
6th	Venmo 2009, New York City (United States), Acquired	App-based digital wallet platform for consumer payments	$1.3M	Betaworks, Accel & 7 others	75/100
7th	NG.CASH 2021, Rio de Janeiro (Brazil), Series B	Digital wallet to all age groups for financial independence	$50M	Monashees, Andreessen Horowitz & 11 others	75/100
8th	MoneyGram 1940, Dallas (United States), Acquired	Wallet-enabled cross-border payment solution for consumers	-	Thomas H Lee Partners, Goldman Sachs & 3 others	75/100
9th	MoMo 2007, Ho Chi Minh City (Vietnam), Series E	Wallet for consumer payments	$434M	Warburg Pincus, Goldman Sachs Investment Partners ... & 12 others	74/100
10th	Mercado Pago 2003, Buenos Aires (Argentina), Series D	App-based wallet for consumer payments	$233M	Goldman Sachs, Citi & 1 others	74/100
375th	MaxRewards 2016, Atlanta (United States), Seed	App-based wallet for individuals	$4M	Service Provider Capital, Fintech Ventures Fund ... & 6 others	37/100