# Fitbank

**Source:** https://www.startuphub.ai/startups/fitbank
**Profile type:** Startup

> A financial institution that offers a platform for digital banking and payment solutions.

## About

Fitbank provides a white-label, open banking platform that enables banks and fintechs to offer services like bill payment, online treasury, banking, financial management, transfers, and escrow. They offer financial infrastructure services (infratech) and process significant transaction volumes, supporting numerous business groups and impacting millions of individuals across various economic sectors. The company also provides BaaS solutions and operates as a direct credit company.

## Key facts

- **Slug:** fitbank
- **Website:** https://fits.cash
- **Location:** São Paulo, Brazil
- **Founded:** 2015
- **Employees:** 750
- **Operating status:** Active
- **Total funding:** $502K
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/fitbank-450
  - Facebook: https://www.facebook.com/fitbank.450

## Frequently asked

### What does Fitbank do?

Fitbank provides a white-label, open banking platform that enables banks and fintechs to offer services like bill payment, online treasury, banking, financial management, transfers, and escrow. They offer financial infrastructure services (infratech) and process significant transaction volumes, supporting numerous business groups and impacting millions of individuals across various economic sectors. The company also provides BaaS solutions and operates as a direct credit company.

### What is Fitbank's valuation?

StartupHub estimates Fitbank's effective valuation at $2.0M (range $1.3M to $3.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has Fitbank raised?

Fitbank has raised a total of $502K in funding. The most recent round on record is Seed.

### Where is Fitbank headquartered?

Fitbank is headquartered in São Paulo, Brazil.

### When was Fitbank founded?

Fitbank was founded in 2015.

### How many employees does Fitbank have?

Fitbank has approximately 750 people on record.

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