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Betalo: Funding, Investors & Team (Sep 2026)

Betalo offers convenient payment services through a user-friendly mobile app, with the goal of simplifying and empowering the financial lives of its users. The company was founded on the belief that modern technology, efficient operations, and ethical principles can make everyday payments cheaper, easier, and more transparent for customers. The Betalo team is highly skilled in both technology and finance, and they are dedicated to providing a secure and user-friendly platform. They believe that superior technology and design can enhance the banking experience for all, making it smart, simple, and accessible to a wider audience at a fair price. Ultimately, Betalo envisions a world where financial services can be more inclusive and help people connect across borders.

www.betalo.com LinkedIn Stockholm, Sweden 11-50 employees
Apps Billing Enterprise Software Financial Services FinTech Mobile Apps Mobile Payments Payments
Total raised
$50k
Rounds
1
Latest
Undisclosed round
Apr 2024

Betalo has raised $50k across 1 funding round on record, the most recent an undisclosed round of $50k announced in Apr 2024.

That round is below the $4.1M median round size for Apps companies tracked on FundedIQ over the last two years.

Betalo Company Profile and Key Stats

Total funding raised
$50k
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$50k in Apr 2024
Employees
11-50
reported band
Headquarters
Stockholm, Sweden

Latest funding round on record: Apr 2024.

Betalo Funding Rounds

Date
Round
Amount
Undisclosed round
$50k

Betalo Founders and Leadership Team

Name
Role
Contact
Stefan Salomonsson
Founder

No contact details are on record for this team yet.

Betalo Funding Compared to Other Apps Startups

Segment
Companies
Median round
2,426
$4.1M
688
$4.2M

Betalo's latest round of $50k is below the median round in Apps. Medians cover the last 24 months of disclosed rounds.

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Betalo Funding FAQs

What does Betalo do?

Betalo offers convenient payment services through a user-friendly mobile app, with the goal of simplifying and empowering the financial lives of its users. The company was founded on the belief that modern technology, efficient operations, and ethical principles can make everyday payments cheaper, easier, and more transparent for customers. The Betalo team is highly skilled in both technology and finance, and they are dedicated to providing a secure and user-friendly platform. They believe that superior technology and design can enhance the banking experience for all, making it smart, simple, and accessible to a wider audience at a fair price. Ultimately, Betalo envisions a world where financial services can be more inclusive and help people connect across borders.

How much funding has Betalo raised?

Betalo has raised $50k across 1 round on record. The most recent is an undisclosed round of $50k announced in Apr 2024.

When did Betalo last raise funding?

Betalo's most recent funding round on record is an undisclosed round of $50k, announced in Apr 2024.

Who founded Betalo?

FundedIQ lists Stefan Salomonsson (Founder) at Betalo.

Where is Betalo headquartered?

Betalo is based in Stockholm, Stockholms Lan, Sweden.

How many employees does Betalo have?

Betalo is in the 11-50 employee band.

How does Betalo's funding compare to other Apps startups?

Betalo's latest round of $50k is below the $4.1M median round size for Apps companies on FundedIQ across 2,426 tracked companies over the last two years.

About FundedIQ's Betalo Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Betalo is left off this page rather than filled in.

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