v3 Template
B

Boom Technologies

Financial Technology (FinTech) ~20 employees
Founded
--
Employees (Est.)
~20
2 leaders known
Total Funding
$500.0M
Funding Rounds
1
Last Funding
2024-08-14

About Boom Technologies

Boom Technologies Ltd ('Boom') is a company that bridges the gap for over 2 billion unbanked adults worldwide by digitizing cash, enabling them to securely spend, accept, and save cash online without needing a bank account. Boom ensures compliance with AML/KYC regulations, making transactions traceable and verified. The company powers an inclusive online commerce and payment system, connecting cash to the global digital economy.

Products & Services

Boom Super App:A platform for online commerce without banking, allowing users to spend, save, and accept cash online.
BoomPay:A solution for online payments without banking, enabling global cash transactions.
Boomswap:A DEX protocol for tokenized real-world assets (RWA).
Boomchain:A system for online settlements without banking.
Boomcoin:Described as the Bitcoin of everyday commerce, facilitating transactions.
Boom hATM Network:The first human ATM network where people act as banks, allowing cash deposits and withdrawals with KYC verification.
Boom Credit Score:A creditworthiness score (1-100) that helps users access loans, rent property, and more without banking.

Specialties

Online payments without banking Digitization of cash Tokenized real-world assets (RWA) Decentralized exchange (DEX) protocols Human ATM network (hATM) Credit scoring without banking Global online commerce

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Growth Capital
T: -
FT: Growth Capital
A: 500000000
MR: -
FA: 500 million
FAN: 500000000
D: 2024-08-14
FD: 2024-08-14
1 investors
Growth Capital Latest
2024-08-14
$500.0M
1 investor (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

View 3 more growth metrics with Pro

Unlock All Metrics
Mock Up

Team & Leadership

P

Peter Alfred-Adekeye

Technology Entrepreneur and Visionary Innovator

LinkedIn (Pro only)
H

Hal Finney

Recent News

Boom Technologies Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Read more →

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

View 2 more news articles with Pro

Unlock Full News Feed
Mock Up

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

Mock Up

Company Details

Industries
Financial Technology (FinTech)
Company Size
~20 employees (est.)

Similar Companies

Discover AI-powered company recommendations based on industry, funding, and team profiles.

Upgrade to Pro

Technology Stack

Discover the backend, frontend, and infrastructure technologies powering this company's products.

Upgrade to Pro