Binkey

General Information

Company Name

Binkey

Founded Year

2022

Location (Offices)

Washington, United States +1

Founders / Decision Makers

Number of Employees

Industries

Financial Services, Payments

Funding Stage

Seed

Social Media

Binkey - Company Profile

Binkey is a financial technology startup that aims to revolutionize savings and payments in the healthcare sector. Founded in 2022 and headquartered in the United States, the company's slogan is "Unlocking the future of savings and payments for the healthcare consumer." The startup offers an innovative API-enabled payment service designed to facilitate the acceptance of pre-tax health benefits such as FSA and HSA as a form of payment by merchants at checkout. This service not only benefits merchants but also allows customers to save on out-of-pocket health expenses, effectively acting as a "Paypal for your health."

Binkey's recent milestone includes securing a significant $3.30M Seed Round investment on 14 December 2023, attracting funding from reputable investors such as Wellington Management, SpringTide Ventures, 3CC | Third Culture Capital, and Plug and Play. This investment is indicative of the market confidence in Binkey's potential to disrupt the financial services and payments industries, particularly within the healthcare consumer sphere.

Taxonomy: API-enabled payment service, Healthcare consumer savings, FSA and HSA acceptance, Out-of-pocket health expenses, Financial technology, Healthcare payment solutions, Merchant services, Health benefits, Pre-tax payments, Healthcare fintech, Consumer finance, Digital payments, Consumer savings, Financial services