Fundz

Ivy Raises $20M To Take Open-Banking Payments International

PRIVATEAug 31, 2023

Amount Raised

$20 Million

Round Type

Funding Round

BerlinE CommerceMen's

Description

Open banking — where traditional banks open their data up with APIs to build new financial services for their customers — has the potential to be one of the payment world’s big disruptors: get it to work right, and it could supplant giant networks (and network fees) like Visa’s when it comes to taking and making payments wherever you might be. Today, a startup out of Berlin called Ivy, which has built an API to create a “network of networks” for open banking payments globally, is announcing some funding in its bid to make that a reality.

Quick answer

Ivy raised $20 Million in a Funding Round round, dated August 31, 2023. Ivy is based in Berlin, Maryland, United States.

How much did Ivy raise?
Ivy raised $20 Million in a Funding Round round on August 31, 2023.
What does Ivy do?
A global API for instant bank payments
Where is Ivy based and how big is it?
Ivy is based in Berlin, Maryland, United States.
Who are the decision-makers at Ivy?
Fundz holds 1 contact at Ivy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in E Commerce and Men's around the same time

Companies in the same sectors as Ivy that raised within 45 days of this round, from Fundz verified event records.

  • Convious raised $9M (Funding Round) on October 13, 2023.
  • Account Labs raised $7.7M (Funding Round) on October 12, 2023.
  • Purple Wave raised an undisclosed amount on October 10, 2023.
  • MarketLeap raised $2.7M (Seed) on October 10, 2023.
  • Oyela raised $1.7M (Seed) on October 9, 2023.
  • Copart raised $108M on October 6, 2023.

Who to call at Ivy, and when

A new round usually means Ivy is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Ivy raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Ivy, from your own LinkedIn network

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Company Information

Company

Ivy

Location

Berlin, Maryland, United States

About

A global API for instant bank payments

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Ivy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.