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AidBanc
AddedFeb 15, 2024
UpdatedJun 18, 2026
AidBanc

AidBanc

Pre-Seed

AidBanc: Digital banking for NGOs, streamlining global aid disbursement with innovative treasury tools.

HQ
Los Angeles, CA, US
Founded
2020
Accelerator
Techstars logoTechstars: Western Union2020
Overview
Compare
Fundraising
Employees
Website

AidBanc, founded with the mission to streamline financial operations for non-governmental organizations (NGOs), offers a digital banking platform tailored specifically for global non-profits. The company aims to simplify treasury and spend management, enabling NGOs to efficiently disburse international aid in a cashless world. AidBanc's services include centralized banking, global payments, and tools to ensure data integrity, addressing the complexities and fraud risks associated with managing large-scale aid funds.

Notable figures affiliated with AidBanc include key investors and advisors from the fintech and non-profit sectors, though specific names are not provided. The startup has achieved significant milestones by providing NGOs with a robust platform to manage over $150 billion in international aid. AidBanc's impact is evident in its ability to reduce fund leakage and enhance financial transparency, thereby ensuring that aid reaches its intended recipients more effectively.

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AidBanc - Quick Facts

Who are AidBanc's competitors?

Companies similar to AidBanc include CharityStack, Givefront, Lightning Social Ventures and Cash Abroad.

When was AidBanc founded?

AidBanc was founded in 2020.

Where is AidBanc's headquarters located?

AidBanc's headquarters is located in Los Angeles, CA, US.

When was AidBanc's last funding round?

AidBanc's most recent funding round was for $120k (USD) in July 2020.

How much has AidBanc raised to-date?

As of Jul 15, 2020, AidBanc has raised a total of $120k (USD).

How many employees does AidBanc have?

AidBanc has 5 employees as of Feb 4, 2024.

AidBanc - Classification

Ownership
  • Private
Technology
  • FinTech
Geographic Exposure
  • Global
Revenue
  • Recurring Transactional
Main Product
  • Financial Software
Tags
  • Enterprise Non-Profit
  • SaaS
  • Software Financial
NAICS
  • 520000Finance and Insurance
SIC
  • 6000Depository Institutions