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Tongo Competitors and Similar CompaniesClear all

Tongo's competitors and similar companies include Cross River Bank, Elevate Credit, CoreCard Software and Greensill Capital.

	Tongo Tongo (also known as Payfully, 2020) is a company developing a financial program.	Cross River Bank Cross River Bank is a company that provides banking services and loan products.	Elevate Credit Elevate Credit is a provider of online credit solutions for consumers.	CoreCard Software CoreCard Software is a card management platform in the technology and payments industries.	Greensill Capital Greensill is a provider of working capital finance for companies.
Founding Date	Founding Date 2021	Founding Date 2008	Founding Date 2014	Founding Date 2001	Founding Date 2011
Type	Type Private	Type Private	Type Subsidiary	Type Private	Type Private
Tags	Tags Financial Services alternative lending payments	Tags Financial Services alternative lending banks payments	Tags Financial Services alternative lending fintech payments	Tags Financial Services alternative lending fintech payments	Tags Financial Services alternative lending payments
Locations	Locations HQ	Locations Fort Lee, US HQ Brooklyn, US Fort Lee, US Teaneck, US	Locations Fort Worth, US HQ Addison, US	Locations Norcross, US HQ	Locations London, GB HQ Bargara, AU Las Condes, CL Bogotá, CO Medellín, CO Bremen, DE Frankfurt Am Main, DE see more
Employees	Employees 254% decrease	Employees 1,5341% increase	Employees 4401% increase	Employees 4061% increase	Employees 43
Financial
Revenue (est.)	Revenue (est.) N/A	Revenue (est.) N/A	Revenue (est.) $416.6m (FY, 2021)	Revenue (est.) N/A	Revenue (est.) $233.7m (FY, 2018)
Gross profit	Gross profit N/A	Gross profit N/A	Gross profit $175.3m (FY, 2021)	Gross profit N/A	Gross profit $233.7m (FY, 2018)
Net income	Net income N/A	Net income N/A	Net income ($33.6m) (FY, 2021)	Net income N/A	Net income $33.3m (FY, 2018)
Operating ⚠
Customers	Customers N/A	Customers 70 m (Feb, 2023)	Customers 2.7 m (Q1, 2022)	Customers N/A	Customers 10 m (Nov, 2020)
Funding
Latest funding round	Latest funding round $ 7m (over 3 years ago)	Latest funding round $ 106m (almost 6 years ago)	Latest funding round N/A	Latest funding round N/A	Latest funding round $ 655m (over 6 years ago)
Total funding raised	Total funding raised $ 7m	Total funding raised $ 334m	Total funding raised $ 615m	Total funding raised N/A	Total funding raised $ 1.7b