Wibmo - About the company
Wibmo is an acquired company based in Cupertino (United States), founded in 1999 by Govind Setlur and Veena Mistry. It operates as a Provider of payment processing technology and fraud management solutions. Wibmo has raised $2.58M in funding from Accel, with last known valuation of $*****. The company has 868 active competitors, including 187 funded and 123 that have exited. Its top competitors include companies like ComplyAdvantage, Riskified and Quantexa.
Company Details
Provider of payment processing technology and fraud management solutions. It offers platforms for payment security, tokenization, and multi-factor authentication. The company provides payment gateways and fraud detection and prevention tools. It enables banks and fintechs to leverage technology for payments.
- Website
- wibmo.co
- Email ID
- *****@wibmo.com
- Phone Number
- +91 **********
Key Metrics
Founded Year
1999
Location
Cupertino, United States
Stage
Acquired
Total Funding
$2.58M in 1 round
Latest Funding Round
Last Known Valuation
$***** as on Apr 12, 2019
Ranked
51st among 868 active competitors
Annual Revenue
₹198Cr as on Mar 31, 2025
Employee Count
325 as on Aug 31, 2025
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by PayU (Apr 12, 2019)
Legal entities associated with Wibmo
Wibmo is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
WIBMO INC. CIN: 770525365 , United States, Active | Dec 31, 1999 | - | 2 (As on Dec 31, 2019) | - |
PAYU DIGITAL LABS PRIVATE LIMITED CIN: U72200KA2000PTC028279 , India, Active | Dec 13, 2000 | $23.5M (As on Mar 31, 2025) | 325 (As on Aug 31, 2025) |
Wibmo's acquisition details
Wibmo got acquired by PayU on Apr 12, 2019 at an acquisition amount of $70M. It was facilitated by Avendus.
Click here to take a look at Wibmo's acquisition in detail
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Wibmo's funding and investors
Wibmo has raised a total funding of $2.58M over 1 round. Its latest funding round was a Series A round on Jun 16, 2009 for $*****. 1 investor participated in its latest round. Wibmo has 7 institutional investors.
Here is the list of recent funding rounds of Wibmo:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 16, 2009 | 1476551 | Series A | 7255481 | 1706141 | 8843991 | 1904136 |
View details of Wibmo's funding rounds and investors
Wibmo's founders and board of directors
Founder? Claim ProfileThe founders of Wibmo are Govind Setlur and Veena Mistry.
Here are the details of Wibmo's key team members:
- Govind Setlur: Former Co-Founder & CEO of Wibmo.
- Veena Mistry: EVP, Strategic Initiatives - Cofounder of Wibmo.
View details of Wibmo's Founder profiles and Board Members
Wibmo's employee count trend
Wibmo has 325 employees as of Aug 25. The total employee count is 1.0% more than what it was in Aug 24. Here is Wibmo's employee count trend over the years:
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Wibmo's Competitors and alternates
Top competitors of Wibmo include ComplyAdvantage, Riskified and Quantexa. Here is the list of Top 10 competitors of Wibmo, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ComplyAdvantage 2014, London (United Kingdom), Series C | Cloud-based AML solutions | $167M | 77/100 | |
2nd | Riskified 2013, New York City (United States), Public | AI-based payment fraud prevention solutions for e-commerce solution | $232M | 73/100 | |
3rd | Quantexa 2016, London (United Kingdom), Series F | AI powered data and decision intelligence solutions | $546M | 72/100 | |
4th | Sift 1997, San Francisco (United States), Series D | Provider of an AI-powered platform for fraud detection and prevention | $162M | 71/100 | |
5th | Signifyd 2011, Palo Alto (United States), Series E | Provider of fraud prevention and payment validation for online retailers | $394M | 70/100 | |
6th | Cloud based KYC and AML management software | $181M | 70/100 | ||
7th | Fino Paytech 2006, Mumbai (India), Series D | Provider of technology solutions and services for banking and financial sectors | $177M | 70/100 | |
8th | Featurespace 2005, Cambridge (United Kingdom), Acquired | Developer of risk management and fraud prevention software solutions | $111M | 70/100 | |
9th | EverC 2011, New York (United States), Acquired | AI-enabled transaction monitoring solutions for financial institutions | $48M | 70/100 | |
10th | Ravelin Technology 2014, London (United Kingdom), Acquired | Provider of AI-native fraud and abuse prevention solutions for merchants | $37.2M | 69/100 | |
51st | Wibmo 1999, Cupertino (United States), Acquired | Provider of payment processing technology and fraud management solutions | $2.58M | 57/100 |
Looking for more details on Wibmo's competitors? Click here to see the top ones
Wibmo's Investments and acquisitions
Wibmo has acquired MyPoolin. Wibmo has not made any investments as of now.Reports related to Wibmo
Here is the latest report on Wibmo's sector:
News related to Wibmo
Media has covered Wibmo for a total of 4 events in the last 1 year, 2 of them have been about company updates and 1 about people movement.
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•
Wibmo launches ‘Intelligent Authentication Suite’ for digital payments securityExpress Computer•Oct 09, 2025•Wibmo
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Wibmo, A PayU Company, Unveils Trident Accept for Acquirers at Seamless Middle East 2025
Business News This Week•May 27, 2025•Wibmo
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Visa’s Shailesh Paul set to take over as CEO of PayU-owned WibmoThe Economic Times•May 06, 2025•Wibmo, Visa
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Business Zeta Commends Strong Leadership with Mehul Mistry’s AppointmentMedia Bulletins•Mar 07, 2025•Zeta Global, Wibmo, IDFC First Bank, Kotak Mahindra Bank
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Wibmo and EFT Corporation partner to strengthen payment security in South AfricaAfrica Business Communities•Oct 21, 2024•EFT Corporation, Wibmo
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Wibmo Partners with Xoxoday to Launch Co-Branded RuPay Prepaid Program Issued by PayU at GFF 2024Media Bulletins•Sep 09, 2024•Wibmo, Xoxoday
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Wibmo Partners with City Union Bank (CUB) and nStore to Offer ‘Buyer Side ONDC Module’ for Retail CustomersBusiness News This Week•Sep 06, 2024•Wibmo, City Union Bank, nStore
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Wibmo Partners with meragoHealth to Launch Co-Branded RuPay Prepaid Program Issued by PayU at GFF 2024Media Bulletins•Sep 04, 2024•Wibmo, Merago
•
Wibmo’s Payment Gateway Solution To Aid Digital Distribution Of Banks, Financial FirmsEIN Presswire•Apr 26, 2024•Wibmo
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