Shine - About the company
Shine is an acquired company based in Paris (France), founded in 2017 by Raphael Simon and Nicolas Reboud. It operates as a Provider of online professional accounts and related financial management tools. Shine has raised $12.5M in funding from XAnge. The company has 32 active competitors, including 6 funded and 3 that have exited. Its top competitors include companies like Revolut, Qonto and Tide.
Company Details
Provider of online professional accounts and related financial management tools. They offer business accounts with associated services like payment processing and expense management. Their platform provides tools for invoicing, bookkeeping, and team spending oversight. The company aims to streamline financial tasks for businesses.
- Website
- www.shine.fr/
Key Metrics
Founded Year
2017
Location
Paris, France
Stage
Acquired
Total Funding
$12.5M in 2 rounds
Latest Funding Round
Ranked
4th among 32 active competitors
Employee Count
385 as on Jul 31, 2026
Similar Companies
Exit Details
Acquired by Ageras (Jun 19, 2024)
Shine's acquisition details
Shine got acquired by Ageras on Jun 19, 2024.
Click here to take a look at Shine's acquisition in detail
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Shine's funding and investors
Shine has raised a total funding of $12.5M over 2 rounds. Its first funding round was on Jul 11, 2017. Its latest funding round was a Series A round on Sep 04, 2018 for $*****. 4 investors participated in its latest round. Shine has 4 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Shine:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 04, 2018 | 2912326 | Series A | 9636794 | 6307826 | 3888258 | 7809898 |
Jul 11, 2017 | 1641625 | Seed | 9748829 | 8916644 | 1436499 |
View details of Shine's funding rounds and investors
Shine's founders and board of directors
Founder? Claim ProfileThe founders of Shine are Raphael Simon and Nicolas Reboud.
Here are the details of Shine's key team members:
- Raphael Simon: Co-Founder & CTO of Shine. They are also an angel investor in 1 startup.
- Nicolas Reboud: Co-Founder of Shine. They are also an angel investor in 1 startup.
View details of Shine's Founder profiles and Board Members
Shine's employee count trend
Shine has 385 employees as of Jul 26. Here is Shine's employee count trend over the years:
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Shine's Competitors and alternates
Top competitors of Shine include Revolut, Qonto and Tide. Here is the list of Top 10 competitors of Shine, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Revolut 2015, London (United Kingdom), Series E | Provider of banking solutions for retail customers and businesses | $1.99B | 86/100 | |
2nd | Provider of business account, payment cards, and financial management solutions | $717M | 82/100 | ||
3rd | Tide 2015, London (United Kingdom), Series C | Digital business banking platform | $181M | 80/100 | |
4th | Provider of online professional accounts and related financial management tools | $12.5M | 65/100 | ||
5th | Bunq 2012, Amsterdam (Netherlands), Series A | Provider of the digital bank for individuals and businesses | $373M | 72/100 | |
6th | Groupe BPCE 2009, Paris (France), Funding Raised | Provider of commercial banking services | - | 57/100 | |
7th | Commercial bank | - | - | 49/100 | |
8th | Provider of online current accounts, payment cards, and related financial services | - | - | 42/100 | |
9th | Qonto 2016, Paris (United States), Late Stage | Provider of business account services, payment cards, and financial tools | $151M | - | 40/100 |
10th | Provider of online financial management platform for small businesses | $5.29M | 39/100 |
Looking for more details on Shine's competitors? Click here to see the top ones
Shine's Investments and acquisitions
Shine has made no investments or acquisitions yet.
Reports related to Shine
Here is the latest report on Shine's sector:
News related to Shine
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French regulator approves Ageras' takeover of Shine from SocGenFinextra•Dec 11, 2024•Ageras, Societe Generale, Shine.com, Shine
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SocGen-Ageras receives ACPR approval for the acquisition of ShineLes Echos•Dec 11, 2024•Ageras, Shine, Shine.com
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Société Générale to Sell its Freelancer Challenger Bank Shine to AgerasTechCrunch+•Jun 19, 2024•Ageras, Shine, Societe Generale, Shine Web and 1 other
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Societe Generale Mulls Putting Digital Bank Shine up for SaleU.S. News•Jan 25, 2024•Societe Generale, Shine
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Societe Generale Buys Entrepreneur-Focused Neobank ShinePYMNTS.com•Jun 30, 2020•Societe Generale, Shine
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SocGen buys French neobank for entrepreneurs ShineFinextra•Jun 30, 2020•Societe Generale, Shine, Shine.com
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