Meru - About the company
Meru is a funded company based in Miami (United States), founded in 2022. It operates as a Provider of digital banking accounts for holding and transferring currency. The company has 387 active competitors, including 33 funded and 17 that have exited. Its top competitors include companies like Remitly, Payoneer and Airwallex.
Company Details
Provider of digital banking accounts for holding and transferring currency. These accounts facilitate the receipt and transmission of funds through electronic payment networks. Users manage balances, execute international transfers, and perform transactions using linked payment cards. The service integrates digital asset management, allowing for the storage and exchange of various tokens alongside traditional currency holdings. Account holders access these financial tools through a mobile interface to monitor activity and execute payments.
- Website
- getmeru.com
- Social
Key Metrics
Founded Year
2022
Location
Miami, United States
Stage
Funding Raised
Investors
Ranked
35th among 387 active competitors
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Meru's funding and investors
Meru is a funded company. Meru has 1 institutional investor.
View details of Meru's funding rounds and investors
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Meru's Competitors and alternates
Top competitors of Meru include Remitly, Payoneer and Airwallex. Here is the list of Top 10 competitors of Meru, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Remitly 2011, Seattle (United States), Public | Provider of international money transfer services with multiple delivery options | $436M | 84/100 | |
2nd | Payoneer 2005, New York City (United States), Acquired | Provider of cross-border payment solutions for freelancers, businesses, and marketplaces | $269M | 84/100 | |
3rd | Airwallex 2015, San Francisco (United States), Series H | Provider of financial infrastructure for processing payments and managing treasury | $1.9B | 83/100 | |
4th | Wise 2011, Shoreditch (United Kingdom), Public | Provider of international money transfer and multi-currency | $397M | 82/100 | |
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 | Provider of a global payment infrastructure platform for businesses and financial institutions to facilitate cross-border transactions | $362M | 73/100 | ||
7th |  Tipalti 2010, Foster City (United States), Series F | Cloud-based procurement and invoice management solutions for businesses | $553M | 73/100 | |
8th |  Xoom 2001, San Francisco (United States), Acquired | Provider of online service for international money transfers, bill payments | $106M | 71/100 | |
9th | OpenFX 2024, Miami (United States), Series A | Provider of infrastructure for instant, low-cost, cross-border foreign exchange liquidity | $117M | 70/100 | |
10th |  VERTO 2017, Palo Alto (United States), Series A | Provider of cross-border payment platform and foreign exchange solutions for businesses | $12.1M | 67/100 | |
35th | Meru 2022, Miami (United States), Funding Raised | Provider of digital banking accounts for holding and transferring currency | - | 43/100 |
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Meru's Investments and acquisitions
Meru has made no investments or acquisitions yet.
Reports related to Meru
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