When was Token founded?

Token was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Where is Token located?

Token is headquartered in London, United Kingdom.

Which legal entities is Token associated with?

Token is associated with Token.io Limited and 2 others.

How many employees does Token have?

As of Jul 31, 2026, the latest employee count at Token is 103.

Is Token a funded company?

Token is a funded company, having raised a total of $90.2M across 5 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jul 14, 2017.

When was the latest funding round of Token?

Token's latest funding was a $***** Series C round on Jun 05, 2025, with participation from 1 investor. Its primary sector is Banking Tech. In United Kingdom, the Banking Tech sector has seen $311M in funding in 2026 to date.

Where does Token rank among its competitors?

Token ranks 31st amongst 853 active competitors, of which 187 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Ramp, which secured $782M in Jun, 2026.

Who are the top competitors of Token?

Token's top competitors include Razorpay, Ramp and TrueLayer. Among them, Ramp secured the most recent funding round in June, 2026.

Token - 2026 Company Profile, Team, Funding, Competitors & Financials

Token is a series C company based in London (United Kingdom), founded in 2015 by Steve Kirsch and Yobie Benjamin. It operates as a Provider of account-to-account payment infrastructure, variable recurring payments, and data solutions. Token has raised $90.2M in funding from investors like Octopus Ventures, Luvian Osuuspankki and SBI Investment. The company has 853 active competitors, including 187 funded and 76 that have exited. Its top competitors include companies like Razorpay, Ramp and TrueLayer.

Company Details

Provider of account-to-account payment infrastructure, variable recurring payments, and data solutions. The company delivers payment and withdrawal processing, along with data solutions. It offers connectivity to bank accounts, enabling payment initiation and data access. The company provides licensing as a service, along with consultancy, growth, and innovation services.

Website: token.io
Social
Email ID: *****@token.io
Phone Number: +44 **********

Key Metrics

Founded Year

2015

Location

London, United Kingdom

Stage

Series C

Total Funding

$90.2M in 5 rounds

Latest Funding Round

Series C, Jun 05, 2025, $*****

Investors

Octopus Ventures & 21 more

Ranked

31^st among 853 active competitors

Employee Count

103 as on Jul 31, 2026

Similar Companies

Razorpay & 729 more

View Token's full profile

Token is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
TOKEN, INC CIN: 46-4229437 , United States, Active	Dec 31, 2014	-	12 (As on Dec 31, 2023)	-
Token GmbH CIN: HRB217765 , Germany, Active	May 27, 2020	-	13 (As on Dec 31, 2020)
Token.io Limited CIN: 10143662 , United Kingdom, Active	Dec 01, 2013	-	43 (As on Dec 31, 2023)

Token has raised a total funding of $90.2M over 5 rounds. Its first funding round was on Jul 14, 2017. Its latest funding round was a Series C round on Jun 05, 2025 for $*****. 1 investor participated in its latest round. Token has 22 institutional investors.

Here is the list of recent funding rounds of Token:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 05, 2025	7611315	Series C	8012726	1889388	1575864	4931931
May 12, 2022	9777118	Series C	8558289	7221938	4141425	MissionOG & 6 more
Jan 27, 2021	5615988	Series B	4460655	7264854	Sony Innovation Fund & 1 more	Octopus Ventures & 3 more

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View details of Token's funding rounds and investors

The founders of Token are Steve Kirsch and Yobie Benjamin.

Here are the details of Token's key team members:

Steve Kirsch: Co-Founder of Token and founder of 3 other companies, M10, Infoseek and oneID. They serve on the board of 1 company.
Yobie Benjamin: Co-founder and Chief Technology Officer Emeritus of Token and founder of 2 other companies, Avegant and Ready Play Go.

Token's Board of Directors

Token's board has 1 active member. Todd Clyde is part of team.

Here is the list of Token's board of directors:

Name	Type	Representing	Status	Duration
ptkrzqr	Team	-	Past	8y 9m
ubolpik	Team	-	Past	9y 4m
wnopvqf	Team	-	Current	6y 6m
ylafznm	Independent board member	-	Past	2y 2m
jznrcbg	Independent board member	-	Past	1y 9m

View details of Token's Founder profiles and Board Members

Token's employee count trend

Token has 103 employees as of Jul 26. Here is Token's employee count trend over the years:

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Top competitors of Token include Razorpay, Ramp and TrueLayer. Here is the list of Top 10 competitors of Token, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Razorpay 2014, Bengaluru (India), Series F	Provider of payment and business banking solutions for enterprises	$742M	Peak XV Partners, GIC & 35 others	85/100
2nd	Ramp 2019, New York City (United States), Series F	Provider of a platform for spend management, corporate cards, and payables	$3.22B	Founders Fund, Coatue & 72 others	84/100
3rd	TrueLayer 2016, London (United Kingdom), Series E	Open banking platform enabling secure bank-to-bank payments and payouts	$322M	Northzone, Temasek & 26 others	78/100
4th	NG.CASH 2021, Rio de Janeiro (Brazil), Series B	Provider of digital accounts, prepaid cards, and payment processing services	$50M	Monashees, New Enterprise Associates & 11 others	76/100
5th	Moniepoint 2019, London (United Kingdom), Series C	Provider of integrated financial services for businesses and individuals	$266M	Novastar Ventures, Quantum Capital Partners ... & 22 others	74/100
6th	M2P Fintech 2014, Chennai (India), Series D	Provider of APIs enabling banking, lending, and payment financial services	$188M	8i Ventures, Beenext & 63 others	74/100
7th	Cross River Bank 2008, Fort Lee (United States), Series D	Platform offering API-driven financial infrastructure	$898M	Shefa Capital, Eldridge Industries & 18 others	72/100
8th	Galileo 2000, Sandy (United States), Acquired	Provider of cloud-based platform for financial technology and digital banking	$85M	Mercato Partners, Accel & 3 others	72/100
9th	Solaris 2016, Berlin (Germany), Acquired	Provider of banking-as-a-service platform offering digital banking and payment solutions	$736M	FinLeap, HV Capital & 24 others	72/100
10th	Trustly 2008, San Carlos (United States), Acquired	Open banking-enabled payment processing solution for businesses	$28.7M	Neuberger Berman, Investment Corporation of Dubai ... & 7 others	71/100
31st	Token 2015, London (United Kingdom), Series C	Provider of account-to-account payment infrastructure, variable recurring payments, and data solutions	$90.2M	BNP Paribas, EQT & 20 others	64/100