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TreeCard - About the company

TreeCard is a series A company based in London (United Kingdom), founded in 2020 by James Dugan, Peter Francis, Jamie Cox and Gary Wu. It operates as a NFC-enabled wooden debit cards for consumer payments. TreeCard has raised $29.3M in funding from investors like EQT, Valar Ventures and World Fund. The company has 5 active competitors, including 3 that are funded. Its top competitors include companies like ePayments Group, Optimum and Strictly Money.

Company Details

NFC-enabled wooden debit cards for consumer payments. It offers an account for monitoring transactions, managing cards, freezing cards, and more. It can be used for services such as money transfers, cash withdrawals, bill payments, and more. It also offers a virtual card.
Social
XFacebook
Email ID
*****@treecard.org
Part Of
Key Metrics
Founded Year
2020
Location
Stage
Series A
Total Funding
$29.3M in 3 rounds
Latest Funding Round
Investors
Ranked
Employee Count
10 as on May 31, 2026
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TreeCard's funding and investors

TreeCard has raised a total funding of $29.3M over 3 rounds. Its first funding round was on Oct 16, 2020. Its latest funding round was a Series A round on Nov 30, 2022 for $*****. 8 investors participated in its latest round. TreeCard has 11 institutional investors and 9 angel investors.

Here is the list of recent funding rounds of TreeCard:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 30, 2022
7234587
Series A
7738311
8133840
4976483
1029207
Feb 25, 2021
1921122
Seed
3562228
1813351
5430110
Oct 16, 2020
8289984
Seed
5933738
2360903
5369994
7191235
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TreeCard's founders and board of directors

Founder? Claim Profile
The founders of TreeCard are James Dugan, Peter Francis, Jamie Cox and Gary Wu.
Here are the details of TreeCard's key team members:

TreeCard's Board of Directors

TreeCard's board has 2 active members. Jamie Cox and James Dugan are part of team.
Here is the list of TreeCard's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
5y 11m
Team
-
Current
5y 10m

TreeCard's employee count trend

TreeCard has 10 employees as of May 26. Here is TreeCard's employee count trend over the years:
Employee count trend for TreeCard
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TreeCard's Competitors and alternates

Top competitors of TreeCard include ePayments Group, Optimum and Strictly Money. Here is the list of Top 10 competitors of TreeCard, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for TreeCard
TreeCard
2020, London (United Kingdom), Series A
NFC-enabled wooden debit cards for consumer payments
$29.3M
56/100
2nd
Logo for ePayments Group
ePayments Group
2011, London (United Kingdom), Funding Raised
E-Money issuer, wallet and prepaid card
-
33/100
3rd
Logo for Optimum
Optimum
2007, Swindon (United Kingdom), Deadpooled
Contactless, prepaid Mastercard
-
-
31/100
4th
Logo for Strictly Money
Strictly Money
2013, London (United Kingdom), Seed
NFC-enabled debit card solution for investors
$1.93M
-
29/100
5th
Logo for Monvenience
Monvenience
2018, London (United Kingdom), Seed
Internet first bank
$29.3K
-
24/100
6th
Logo for Ecebs
Ecebs
2000, East Kilbride (United Kingdom), Acqui-Hired
Contactless and contact based card solutions provider
-
-
24/100
7th
Logo for Touco
Touco
2018, London (United Kingdom), Funding Raised
NFC-enabled payment cards for consumers
-
20/100
8th
Logo for Engage
Engage
2015, Skipton (United Kingdom), Deadpooled
Prepaid visa cards
-
-
18/100
9th
Logo for Yonda
Yonda
2018, Hemel Hempstead (United Kingdom), Deadpooled
NFC-enabled prepaid cards
-
-
17/100
10th
Logo for iLike
iLike
2019, London (United Kingdom), Deadpooled
Prepaid card issuer
-
-
15/100
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TreeCard's Investments and acquisitions

TreeCard has made no investments or acquisitions yet.

Reports related to TreeCard

Here is the latest report on TreeCard's sector:

News related to TreeCard

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FAQs about TreeCard

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