Where is TBX headquartered?

TBX is headquartered in Mumbai, India. The company has a team of 51-200 people.

TBX operates in the AI in Fintech sector. TransBnk is a transaction banking platform that provides a suite of solutions to help businesses manage their finances and operations. To provide a comprehensive and integrated transaction banking platform that helps businesses to improve their efficiency, reduce costs, and manage their risks.

When was TBX founded?

TBX was founded in 2022. It is based in Mumbai, India.

Who is the CEO of TBX?

Vaibhav Tambe is the CEO of TBX. The company was founded in 2022.

Where is TBX located?

TBX is headquartered in Mumbai, India.

What products does TBX offer?

TBX's key products include: TxBHub, TrustHub, APIHub, ReconX.

What funding stage is TBX at?

TBX is currently at the Growth stage.

How many employees does TBX have?

TBX has approximately 51-200 employees.

TBX

Category: AI in Fintech

TransBnk is a transaction banking platform that provides a suite of solutions to help businesses manage their finances and operations. TBX was founded in 2022. The company is led by Vaibhav Tambe. Based in Mumbai, India. Team size: 51-200. Total funding raised: $30M. Latest round: Series B. Key investors include 8i Ventures, Accion Venture Lab, GMO Venture Partners, Ratio Ventures, Bessemer Venture Partners, Arkam Ventures, Fundamentum Partnership.

Founded: 2022
Headquarters: Mumbai, India
Team size: 51-200
Total funding: $30M

Value proposition

To provide a comprehensive and integrated transaction banking platform that helps businesses to improve their efficiency, reduce costs, and manage their risks.

Products and solutions

TxBHub, TrustHub, APIHub, ReconX

Unique value

TransBnk is unique in its focus on providing a comprehensive and integrated transaction banking platform for businesses of all sizes. The company's platform is designed to be modular and scalable, so that businesses can choose the solutions that best meet their needs.

Target customer

Corporate, Commercial & Institutional clients

Industries served

BFSI (Banking, Financial Services, and Insurance)

Technology advantage

TransBnk's key technological advantage is its use of a microservices architecture, which allows the company to develop and deploy new features and services quickly and easily. The company's key business advantage is its focus on providing a high level of customer service.

How they differentiate

TransBnk differentiates by providing a unified platform for transaction banking, including specialized services like escrows, trade finance, and supply chain financing, which are not the primary focus of its competitors.

Main competitors

Razorpay, Cashfree Payments, Decentro

Key partnerships

Information not publicly available

Notable customers

Capwise, Tata Capital, Godrej Finance, Mufin Green, BharatNXT, Bajaj Finserv

Major milestones

Raised $4 million in a Series A funding round, Raised $25 million in Series B funding led by Bessemer Venture Partners, Reached ~$12M ARR and turned profitable, Integrated with 40+ banks and serving 220+ clients, Expanding to Southeast Asia and Middle East markets

Growth metrics

Not publicly available

Market positioning

B2B fintech platform specializing in corporate banking.

Geographic focus

India

Patents and IP

Information not publicly available

About Vaibhav Tambe

Previously the President and Business Head at iServeU, and Vice President at RBL Bank. Over 17 years of experience in the BFSI (Banking, Financial Services, and Insurance) domain.

More AI in Fintech companies

Official website: https://www.tbx.co.in/