Nilos - About the company
Nilos is a seed company based in Tel Aviv (Israel), founded in 2021 by Nitin Shrivastava, Kiran Polavarapu, Raphael Fettaya and Eytan Messika. It operates as a Web-enabled automated payment solution for businesses. Nilos has raised $5.2M in funding from Viola Group and Fabric Ventures. The company has 304 active competitors, including 58 funded and 17 that have exited. Its top competitors include companies like Ramp, NG.CASH and Payhawk.
Company Details
Web-enabled automated payment solution for businesses. It is a business-oriented cryptocurrency payment platform. It enables users to link their cryptocurrency and fiat accounts and control all monetary transactions from a single platform.
Key Metrics
Founded Year
2021
Location
Tel Aviv, Israel
Stage
Seed
Total Funding
$5.2M in 1 round
Latest Funding Round
Investors
Ranked
42nd among 304 active competitors
Employee Count
37 as on Aug 31, 2026
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Nilos's funding and investors
Nilos has raised a total funding of $5.2M over 1 round. Its latest funding round was a Seed round on Apr 2022 for $*****. 12 investors participated in its latest round. Nilos has 4 institutional investors and 8 angel investors.
Here is the list of recent funding rounds of Nilos:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 2022 | 4818762 | Seed | 9784437 | 7505099 | 4055711 | 7166939 |
View details of Nilos's funding rounds and investors
Nilos' founders and board of directors
Founder? Claim ProfileThe founders of Nilos are Nitin Shrivastava, Kiran Polavarapu, Raphael Fettaya and Eytan Messika. Raphael Fettaya is the CEO of Nilos.
Here are the details of Nilos' key team members:
- Nitin Shrivastava: Co-Founder & Product & Partnership of Nilos and founder of 1 other company.
- Kiran Polavarapu: Co-Founder & Head of Engineering of Nilos and founder of 1 other company.
- Raphael Fettaya: Co-Founder & CEO of Nilos. Contact Info: 1 email address
- Eytan Messika: Co-Founder of Nilos. Contact Info: 1 email address
View details of Nilos's Founder profiles and Board Members
Nilos' employee count trend
Nilos has 37 employees as of Aug 26. Here is Nilos's employee count trend over the years:
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Nilos's Competitors and alternates
Top competitors of Nilos include Ramp, NG.CASH and Payhawk. Here is the list of Top 10 competitors of Nilos, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ramp 2019, New York City (United States), Series F | Provider of a platform for spend management, corporate cards, and payables | $3.22B | 84/100 | |
2nd | Provider of digital accounts, prepaid cards, and payment processing services | $50M | 76/100 | ||
3rd | Provider of spend management platform with AI-powered automation and control | $239M | 71/100 | ||
4th | Provider of payment solutions and software as a service APIs | $34M | 70/100 | ||
5th | Bottomline Technologies 1989, Portsmouth (United States), Acquired | Provider of business payments automation, connectivity, cash management, and fraud solutions | - | 69/100 | |
6th | Modulr 2016, London (United Kingdom), Series C | Provider of automated payment processing and financial infrastructure software tools | $200M | 68/100 | |
7th | REPAY 2006, Atlanta (United States), Public | Provider of payment processing solutions and vendor payment automation services | - | 66/100 | |
8th | AccessPay 2012, Manchester (United Kingdom), Acquired | Cloud based payment automation and cash management solutions for businesses | $44.4M | 66/100 | |
9th | Dwolla 2008, Des Moines (United States), Acquired | Provider of payment solutions and automated clearing house (ACH) services | $76.9M | 65/100 | |
10th | Token 2015, London (United Kingdom), Series C | Provider of account-to-account payment infrastructure, variable recurring payments, and data solutions | $90.2M | 64/100 | |
42nd | Web-enabled automated payment solution for businesses | $5.2M | 44/100 |
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Nilos's Investments and acquisitions
Nilos has made no investments or acquisitions yet.
Reports related to Nilos
Here is the latest report on Nilos's sector:
News related to Nilos
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Nilos Launches European IBANs and Instant on/off ramp for businesses operating with cryptoBusiness Money•May 11, 2023•Nilos
•
Nilos raises $5.2 million to unify crypto and fiat treasuries for businessesCTech•Sep 21, 2022•NILOS, Viola Group, Fabric Ventures, Mensch Capital and 7 others
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