When was NylaBank founded?

NylaBank was founded in 2023 and raised its 1st funding round 3 years after it was founded.

Where is NylaBank located?

NylaBank is headquartered in Wilmington, United States.

How many employees does NylaBank have?

As of Sep 30, 2026, the latest employee count at NylaBank is 11.

Is NylaBank a funded company?

NylaBank is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Mar 16, 2026.

When was the latest funding round of NylaBank?

NylaBank's latest funding was a $***** Seed round on Mar 16, 2026, with participation from 1 investor. Its primary sector is Banking Tech. In United States, the Banking Tech sector has seen $2.42B in funding in 2026 to date.

Where does NylaBank rank among its competitors?

NylaBank ranks 63rd amongst 228 active competitors, of which 3 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Augustus, which secured $180M in Jul, 2026.

Who are the top competitors of NylaBank?

NylaBank's top competitors include BankProv, First Women's Bank and Oxygen. Among them, Augustus secured the most recent funding round in July, 2026.

NylaBank - 2026 Company Profile, Funding & Competitors

NylaBank is a seed company based in Wilmington (United States), founded in 2023. It operates as a Provider of digital financial services based on non-interest banking principles. NylaBank has raised an undisclosed amount in funding. The company has 228 active competitors, including 3 funded and 6 that have exited. Its top competitors include companies like BankProv, First Women's Bank and Oxygen.

Company Details

Provider of digital financial services based on non-interest banking principles. These services include savings accounts, current accounts, peer-to-peer transfers, and bill payments. The business model utilizes profit-sharing mechanisms instead of interest-based transactions to facilitate financial activities. All financial products are provided through partner institutions to ensure compliance with regulatory requirements. The platform incorporates encryption for data security and provides tools for tracking transactions and monitoring spending habits.

Website: nylabank.com
Social
Email ID: *****@nylamoney.com

Key Metrics

Founded Year

2023

Location

Wilmington, United States

Stage

Seed

Latest Funding Round

Seed, Mar 16, 2026, $*****

Investors

Expert DOJO

Ranked

63^rd among 228 active competitors

Employee Count

11 as on Sep 30, 2026

Similar Companies

Jupiter & 847 more

View NylaBank's full profile

NylaBank has raised funding over 1 round. Its latest funding round was a Seed round on Mar 16, 2026 for $*****. 1 investor participated in its latest round. NylaBank has 1 institutional investor.

Here is the list of recent funding rounds of NylaBank:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 16, 2026	2095299	Seed	6728855	4244337	4471718	4093053

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View details of NylaBank's funding rounds and investors

NylaBank's employee count trend

NylaBank has 11 employees as of Sep 26. Here is NylaBank's employee count trend over the years:

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Top competitors of NylaBank include BankProv, First Women's Bank and Oxygen. Here is the list of Top 10 competitors of NylaBank, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	BankProv 1828, Amesbury (United States), Public	Digital bank for consumers & businesses	-	-	61/100
2nd	First Women's Bank 2019, Chicago (United States), Funding Raised	Internet-first bank through bank partnership for diversified category	-	Gratitude Railroad, OCEANM19	53/100
3rd	Oxygen 2017, San Francisco (United States), Funding Raised	Digital bank for businesses and individuals	-	Runa Capital	45/100
4th	First Interstate Bank 1998, Billings (United States), Unfunded	Provider of end-to-end electronic banking system	-	-	45/100
5th	Nuuvia 2017, Portland (United States), Series A	Provider of digital banking platform for youth and family accounts	$4M	MTech Capital, Portfolio Ventures & 5 others	45/100
6th	Marine Bank & Trust 1997, Vero Beach (United States), Acquired	Provider of personal and business banking solutions	$3.5M	-	44/100
7th	Meru 2022, Miami (United States), Funding Raised	Provider of digital banking accounts for holding and transferring currency	-	Epakon Capital	43/100
8th	Dieterich Bank 1909, Effingham (United States), Public	Provider of banking solutions for personal and business applications	-	Treasury	41/100
9th	Augustus 1999, San Francisco (United States), Series B	Provider of a digital asset bank with artificial intelligence integration	$210M	Tiger Global Management, QED Investors & 21 others	40/100
10th	BitLeague 2018, Parsippany Troy Hills (United States), Unfunded	Banking solutions for cryptocurrencies	-	-	38/100
63rd	NylaBank 2023, Wilmington (United States), Seed	Provider of digital financial services based on non-interest banking principles	-	Expert DOJO	21/100