OverviewSuggest Edit

Railsbank is an open banking API and platform that gives regulated and un-regulated companies access to global banking with 5 lines of code. The platform provides companies with access to wholesale banking services. It enables users to create bank accounts, streamline technical integration with banks, and connect to payment schemes to receive and send money to/from these accounts.

HQLondon, GB

Latest Updates

Employees (est.) (Jul 2020)115(+3%)
Job Openings16
Revenue (FY, 2018)£266.3 K
Cybersecurity ratingBMore

Key People/Management at Railsbank

Nigel Verdon

Nigel Verdon

CEO & Co-Founder
Walter de Oude

Walter de Oude

Board Member
Clive Mitchell

Clive Mitchell

Chief of Staff & Co-Founder
Anju Patwardhan

Anju Patwardhan

Board Member
Pete Buckney

Pete Buckney

Chief Technology Officer
Chipper Boulas

Chipper Boulas

Board Member
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Railsbank Office Locations

Railsbank has offices in London, Vilnius, Luxembourg, Singapore and in 2 other locations
London, GB (HQ)
Elm St, Holborn
Vilnius, LT
4th Floor, Gedimino Av. 9
Luxembourg, LU
9 Rue du Laboratoire
Singapore, SG
109 North Bridge Rd
Nugegoda, LK
209 Stanley Tilakaratne Mawatha
Ha Noi, VN
Street 23 Pham Van Dong
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Railsbank Financials and Metrics

Summary Metrics

Founding Date


Railsbank total Funding

$14.4 m

Railsbank latest funding size

$10 m

Time since last funding

10 months ago

Railsbank investors

Railsbank's latest funding round in September 2019 was reported to be $10 m. In total, Railsbank has raised $14.4 m
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Railsbank Revenue

Railsbank's revenue was reported to be £266.28 k in FY, 2018

Revenue (FY, 2018)


Gross profit (FY, 2018)


Gross profit margin (FY, 2018), %


Net income (FY, 2018)


EBIT (FY, 2018)


Cash (31-Mar-2018)

GBPFY, 2018



Cost of goods sold


Gross profit


Gross profit Margin, %

GBPFY, 2017FY, 2018



Accounts Receivable


Current Assets

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Railsbank Cybersecurity Score

Cybersecurity ratingPremium dataset



SecurityScorecard logo

Railsbank Online and Social Media Presence

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Railsbank News and Updates

Railsbank arrives in the US

London-based open banking platform Railsbank has launched in the US, introducing a first-of-its-kind...

Hong Kong fintech Statrys signs with Railsbank

Railsbank, the leading global open banking platform, announces that it has gained innovative Hong Ko...

SME-focused neobank Aspire to use Railsbank Singapore Dollar bank accounts

Railsbank, the leading global open banking platform, announces that Singapore-based Aspire, a digita...

Visa invests in Railsbank

London-based open banking and regtech platform Railsbank has topped up its Series A funding round wi...

Visa backs open banking and compliance platform Railsbank

Railsbank, the open banking and compliance platform, has picked up further investment, following the company’s $10 million Series A in September 2019. This time backing comes from Visa — a strategic investment, if you will — along with Global Brain, a venture capital firm based in Tokyo, Japan. The …

CreditEase Fintech Investment Fund Doubles Down in UK and Europe, and Invests in Railsbank for Singapore expansion

BEIJING, Sept. 8, 2019 /PRNewswire/ -- CreditEase, a Beijing-based leading FinTech conglomerate in China, announced today that its CreditEase FinTech Investment Fund (CEFIF), participated in the recent $10 million Series A funding round of Railsbank, a London-based Banking-as-a-Service...
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Railsbank Blogs

Railsbank news round-up: Fintech Goodworld acquires Bstow

Week 6: a brief look back at some of the fintech news that’s not always picked up. Charitable giving fintech Goodworld acquires BstowWe start in Washington this week with the news that charitable giving fintech Goodworld has acquired Bstow (which goes by the name of "Cheerful Giving”) in order to po…

Railsbank on the radar

The good people at The Financial Revolutionist have created a list of 200 Revolutionists in Fintech and Railsbank got a mention. They recently kicked off a new content series that highlighted 200 financial revolutionists over the coming weeks. They put it this way: “What to expect from our collectio…

Railsbank news round-up: Smartphones drive digital payment market

Week 5: a brief look back at some of the fintech news that’s not always picked up. Digital payment market to hit $19.89tn by 2026The global digital payment market size is expected to reach a transaction value of $19.89 trillion by 2026, up from a value of $3.53tn in 2018The driver behind the market …

Railsbank news round-up: Best fintech startup winner

Week 4: a brief look back at some of the fintech news that’s not always picked up. Winner of the Best Fintech Startup CategoryThe winner of the Best Fintech Startup category at The ASEAN Rice Bowl Startup Awards (Rice Bowl) is YouTrip. The company also walked off with the winner of the Startup of th…

Railsbank needs you

Well, it does if you think you can be our Global Head of Platform.We are on the hunt for a truly great Global Head of Platform and we need a very special person indeed. You will own and drive the communication of the overall global platform strategy, and vision, with business partners, stakeholders …

France woos the startups

France is doing its best to attract startups, including fledgling fintechs.Recent changes to the country’s stock option scheme is making it, say observers, one of the most friendly in Europe towards startups. What’s more, a new index has been launched by La French Tech. The new French Tech 120 lists…
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Railsbank Frequently Asked Questions

  • When was Railsbank founded?

    Railsbank was founded in 2015.

  • Who are Railsbank key executives?

    Railsbank's key executives are Nigel Verdon, Walter de Oude and Clive Mitchell.

  • How many employees does Railsbank have?

    Railsbank has 115 employees.

  • What is Railsbank revenue?

    Latest Railsbank annual revenue is £266.3 k.

  • What is Railsbank revenue per employee?

    Latest Railsbank revenue per employee is £2.3 k.

  • Who are Railsbank competitors?

    Competitors of Railsbank include IndiaLends, DigiFi and LexinFintech.

  • Where is Railsbank headquarters?

    Railsbank headquarters is located at Elm St, Holborn, London.

  • Where are Railsbank offices?

    Railsbank has offices in London, Vilnius, Luxembourg, Singapore and in 2 other locations.

  • How many offices does Railsbank have?

    Railsbank has 6 offices.