Pronto Money Transfer Overview
- Year Founded
-
2005
- Status
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Acquired/Merged
- Latest Deal Type
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M&A
- Latest Deal Amount
-
$157M
- Investors
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2
Pronto Money Transfer General Information
Description
Developer of a cloud-based payment processing platform intended to transfer money from the USA to Brazil and vice versa. The company's platform provides a seamless API integration to automate global mass payouts directly, process transactions, as well as secure web-based applications with data encryption, enabling clients to save on money transfer fees and rates without payment traffic interruptions.
Contact Information
Website
www.prontomt.comCorporate Office
- 111 North Sepulveda Boulevard
- Suite 340
- Manhattan Beach, CA 90266
- United States
Corporate Office
- 111 North Sepulveda Boulevard
- Suite 340
- Manhattan Beach, CA 90266
- United States
Pronto Money Transfer Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Merger/Acquisition | 01-Sep-2021 | $157M | Completed | Generating Revenue | ||
| 2. Debt - PPP | 30-Apr-2020 | Completed | Generating Revenue | |||
| 1. Later Stage VC (Series A) | 01-Jan-2019 | $5M | $5M | Completed | Generating Revenue |
Pronto Money Transfer Former Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Montage Capital | Lender/Debt Provider | Minority | ||
| Oasis Ventures (São Paulo) | Venture Capital | Minority | ||
| Pier 18 Capital | Venture Capital | Minority |
Pronto Money Transfer FAQs
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When was Pronto Money Transfer founded?
Pronto Money Transfer was founded in 2005.
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Where is Pronto Money Transfer headquartered?
Pronto Money Transfer is headquartered in Manhattan Beach, CA.
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What industry is Pronto Money Transfer in?
Pronto Money Transfer’s primary industry is Financial Software.
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Is Pronto Money Transfer a private or public company?
Pronto Money Transfer is a Private company.
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What is the current valuation of Pronto Money Transfer?
The current valuation of Pronto Money Transfer is .
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What is Pronto Money Transfer’s current revenue?
The current revenue for Pronto Money Transfer is .
-
How much funding has Pronto Money Transfer raised over time?
Pronto Money Transfer has raised $5M.
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Who are Pronto Money Transfer’s investors?
Montage Capital, Oasis Ventures (São Paulo), and Pier 18 Capital have invested in Pronto Money Transfer.
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When was Pronto Money Transfer acquired?
Pronto Money Transfer was acquired on 01-Sep-2021.
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Who acquired Pronto Money Transfer?
Pronto Money Transfer was acquired by Banco Inter.
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