Imburse

Overview
News
FinTech Infrastructure?
Product stageSegments
Early
?
Payment and subscription management
?

Switzerland-based Imburse provides a cloud-based infrastructure platform for companies to integrate digital payment methods including bank transfers, credit cards, checks, vouchers, digital wallets, etc. to legacy systems through a single API. The platform also includes AML/KYC verification solutions. Imburse caters to large organizations primarily in the insurance, banking, travel, utility, and hospitality industries, and its client base includes Generali Group, iptiQ, and Swiss Re. As of June 2021, the company focused on the European market, with offices in Zurich, Lisbon, and London.

The platform charges its clients based on the number of tenancies (instances of software applications serving multiple customers) and transactions, regardless of the integrations to existing providers, value of transactions, or the overall number of providers and technologies.

In June 2021, Imburse raised EUR 10 million (USD 12 million) in Series A funding from Accenture, DST Global, and Addition to expand operations to the US. Along with the funding, Imburse joined Accenture Ventures’ “Project Spotlight” to access its global innovation network and co-innovate with Accenture’s staff.

HQ location:
Stockerstrasse 44 Zürich CHE
Founded year:
2018
Employees:
51-100
IPO status:
Private
Total funding:
USD 16.7 mn
Last Funding:
USD 11.9 mn (Series A; Jun 2021)
Last valuation:
USD 2.6 mn (Dec 2017)
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