Fanbank: Funding, Investors & Team (Sep 2026)
Fanbank’s proprietary automated commerce platform integrates a business’s existing point-of-sale (POS) system, mobile devices and their customers’ existing credit and debit accounts. Using Fanbank tools, small business members can merchandise and price their offline goods and services for sale online in seconds, and turn them into digital credits that can be purchased virtually, anywhere. Through an innovative account-linked stored value system built on top of the existing payments and mobile infrastructures, Fanbank enables one-click, mobile purchases of these credits which can be redeemed in-store, offering their customers a frictionless buying experience. In addition, Fanbank’s advanced transaction processing technology makes hundreds of data points associated with each transaction actionable so business owners can increase their selling opportunities and deliver smart, personalized experiences to their customers, wherever they are.
Fanbank has raised $3.0M across 1 funding round on record, the most recent an undisclosed round of $3.0M announced in Dec 2020.
That round is below the $3.5M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.
Fanbank Company Profile and Key Stats
Latest funding round on record: Dec 2020.
Fanbank Funding Rounds
Fanbank Founders and Leadership Team
Contact details for the Fanbank team: 1 of 1 has an email address on file.
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Fanbank's latest round of $3.0M is below the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.
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Fanbank Funding FAQs
What does Fanbank do?
Fanbank’s proprietary automated commerce platform integrates a business’s existing point-of-sale (POS) system, mobile devices and their customers’ existing credit and debit accounts. Using Fanbank tools, small business members can merchandise and price their offline goods and services for sale online in seconds, and turn them into digital credits that can be purchased virtually, anywhere. Through an innovative account-linked stored value system built on top of the existing payments and mobile infrastructures, Fanbank enables one-click, mobile purchases of these credits which can be redeemed in-store, offering their customers a frictionless buying experience. In addition, Fanbank’s advanced transaction processing technology makes hundreds of data points associated with each transaction actionable so business owners can increase their selling opportunities and deliver smart, personalized experiences to their customers, wherever they are.
How much funding has Fanbank raised?
Fanbank has raised $3.0M across 1 round on record. The most recent is an undisclosed round of $3.0M announced in Dec 2020.
When did Fanbank last raise funding?
Fanbank's most recent funding round on record is an undisclosed round of $3.0M, announced in Dec 2020.
Who is the CEO of Fanbank?
Mitch Jacobs is listed as CEO at Fanbank.
Where is Fanbank headquartered?
Fanbank is based in Santa Monica, California, United States.
How many employees does Fanbank have?
Fanbank is in the 11-50 employee band.
How does Fanbank's funding compare to other Commerce and Shopping startups?
Fanbank's latest round of $3.0M is below the $3.5M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.
About FundedIQ's Fanbank 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 Fanbank is left off this page rather than filled in.
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