COMPANY PROFILE

Manacus

A client-first digital bank worked for the business and development economy, with a fixation for giving driving edge innovation, arrangements driven items and predominant help through a mix of…

Laramie, United StatesFintech

Valuation $100–250M Last recorded · 2021

Total funding $10–50M Disclosed equity funding

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About Manacus

Manacus is a financial service provider specializing in digital banking solutions tailored for businesses. Founded in 2018, Manacus serves entrepreneurs and business owners across America who seek more responsive and efficient financial services than traditional banks offer. The company partners with FDIC-insured banks like Choice Financial Group and Sutton Bank to provide its suite of services, ensuring security and reliability. Manacus offers a comprehensive range of features including free vendor payments, same-day ACH transactions, digital invoicing, and domestic payments. Clients can manage receipts, invoices, and documents through a customized portal, and benefit from powerful digital tools accessible 24/7 via online and mobile banking. The business model revolves around providing these services with no cancellation fees, and earning revenue through interest on balances over $10,000, offering up to 0.75% APY. Manacus aims to drive business growth by offering hassle-free banking solutions that enhance financial control and streamline cash flow management.

MoreLess Source: Dealroom company data

At a glance

Status: Operational
Headquarters: Laramie, United States
Open positions: None listed
Dealroom signal: 1.7/100
Industry: Fintech
Sub-industry: Banking
Sector: Fintech
Business model: SaaS
Client focus: b2b, b2c
Links: Website

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Funding history

1 recorded event

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES A✓Equity / VC	Jan 2021	$41M	$164M	Capital Innovators	—

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Growth signals

Manacus website traffic

Latest recorded traffic for Manacus is 110 monthly website visits.

Latest monthly visits110

Monthly website visitsNov 2022–Nov 2022

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