BankTEL Systems Overview

  • Year Founded
  • 1992

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 26

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 1

BankTEL Systems General Information

Description

Developer of financial accounting and cash management software applications. The company's services include accounts payable, expense report reimbursement, purchase requisitions, remote scanning, vendor portal, vendor management and shareholder management, enabling financial institutions in cutting costs and increase deposits and automate their payment processes.

Contact Information

Website
www.banktel.com
Ownership Status
Acquired/Merged
Financing Status
Corporate Backed or Acquired
Corporate Office
  • 319 Park Creek Drive
  • Columbus, MS 39705
  • United States
Primary Industry
Financial Software
Other Industries
Business/Productivity Software
Acquirer
AvidXchange
Vertical(s)
TMT, FinTech
Corporate Office
  • 319 Park Creek Drive
  • Columbus, MS 39705
  • United States

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BankTEL Systems Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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BankTEL Systems Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of financial accounting and cash management software applications. The company's services include accounts pay
Financial Software
Columbus, MS
26 As of 2016

Provo, UT
 

Vancouver, Canada
 
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BankTEL Systems Competitors (61)

One of BankTEL Systems’s 61 competitors is iPayables, a Private Equity-Backed company based in Provo, UT.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
iPayables Private Equity-Backed Provo, UT
Kashoo Cloud Accounting Corporate Backed or Acquired Vancouver, Canada
Viewpost Venture Capital-Backed Orlando, FL
Coupa Private Equity-Backed Foster City, CA
HighRadius Venture Capital-Backed Houston, TX
You’re viewing 5 of 61 competitors. Get the full list »

BankTEL Systems Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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BankTEL Systems FAQs

  • When was BankTEL Systems founded?

    BankTEL Systems was founded in 1992.

  • Where is BankTEL Systems headquartered?

    BankTEL Systems is headquartered in Columbus, MS.

  • What is the size of BankTEL Systems?

    BankTEL Systems has 26 total employees.

  • What industry is BankTEL Systems in?

    BankTEL Systems’s primary industry is Financial Software.

  • Is BankTEL Systems a private or public company?

    BankTEL Systems is a Private company.

  • What is BankTEL Systems’s current revenue?

    The current revenue for BankTEL Systems is .

  • Who are BankTEL Systems’s competitors?

    iPayables, Kashoo Cloud Accounting, Viewpost, Coupa, and HighRadius are some of the 61 competitors of BankTEL Systems.

  • When was BankTEL Systems acquired?

    BankTEL Systems was acquired on 27-Aug-2019.

  • Who acquired BankTEL Systems?

    BankTEL Systems was acquired by AvidXchange.

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