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Beem It - About the company

Beem It is an acquired company based in Sydney (Australia), founded in 2010. It operates as a Provider of a mobile payment app facilitating peer-to-peer transactions. The company has 1356 active competitors, including 127 funded and 59 that have exited. Its top competitors include companies like Paytm, Grab and PhonePe.

Company Details

Provider of a mobile payment app facilitating peer-to-peer transactions. The app enables users to send and receive money instantly, eliminating the need for traditional banking details. Additional features include the ability to store loyalty cards, transfer funds between different bank accounts, and pay bills. The platform prioritizes security through encryption and real-time fraud monitoring. It also offers functionality for splitting bills among groups and sending money with personalized elements like GIFs and gift cards.
Social
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Email ID
*****@beemit.com.au
Key Metrics
Founded Year
2010
Location
Sydney, Australia
Stage
Acquired
Ranked
Employee Count
48 as on Jul 01, 2024
Similar Companies
Exit Details
Acquired by Bolt (Apr 09, 2026)

Beem It's acquisition details

Beem It got acquired by Bolt on Apr 09, 2026.
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Beem It's funding and investors

Beem It has not raised any funding rounds yet.

Beem It's founders and board of directors

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Beem It's employee count trend

Beem It has 48 employees as of Jul 24. Here is Beem It's employee count trend over the years:
Employee count trend for Beem It
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Beem It's Competitors and alternates

Top competitors of Beem It include Paytm, Grab and PhonePe. Here is the list of Top 10 competitors of Beem It, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Paytm
Paytm
2000, Noida (India), Public
Digital payment platform offering financial services, recharges and more
$3.16B
88/100
2nd
Logo for Grab
Grab
2012, Singapore (Singapore), Public
Operator of a platform providing ride-hailing, food delivery, and payment services
$10.4B
88/100
3rd
Logo for PhonePe
PhonePe
2015, Bengaluru (India), Acquired
Provider of online payment, investment, insurance, and lending solutions
$1.01B
86/100
4th
Logo for FamApp
FamApp
2019, Bengaluru (India), Series A
Provider of teen and adult spending accounts with UPI and card payments
$42.7M
77/100
5th
Logo for RecargaPay
RecargaPay
2004, Sao Paulo (Brazil), Series C
Mobile wallet and prepaid card provider
$127M
76/100
6th
Logo for Venmo
Venmo
2009, New York City (United States), Acquired
Provider of a platform for sending and receiving payments between users
$1.3M
76/100
7th
Logo for Zilch
Zilch
2018, London (United Kingdom), Series D
Direct-to-consumer ad-subsidised payments network
$565M
75/100
8th
Logo for Curve
Curve
2015, London (United Kingdom), Acquired
Provider of a digital wallet that consolidates cards and boosts value
$323M
75/100
9th
Logo for GCash
GCash
2015, Taguig (Philippines), Series D
Provider of a platform for financial transactions and related services
$175M
74/100
10th
Logo for bKash
bKash
2011, Dhaka (Bangladesh), Series C
Mobile financial services and payment system for consumers
$261M
73/100
206th
Logo for Beem It
Beem It
2010, Sydney (Australia), Acquired
Provider of a mobile payment app facilitating peer-to-peer transactions
-
-
41/100
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Beem It's Investments and acquisitions

Beem It has made no investments or acquisitions yet.

Reports related to Beem It

Here is the latest report on Beem It's sector:

News related to Beem It

Beem It integrates with BPayFinextraMar 01, 2021Beem It, BPAY
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