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Overview
Taekus is a fintech company focused on travelers, offering a rewards-optimized credit card that aims to maximize airline-related rewards without users having to study complex terms. It also provides a debit card and a non-interest-bearing account through a partnership with Stearns Bank, with a mobile app to manage accounts, view transactions, and track rewards, plus TaekusPay for in-app peer-to-peer transfers. The service targets travelers seeking simpler, more valuable rewards and banking, with some products available by invite. In July 2022, Taekus completed a Series A funding round of roughly $6.4–6.9 million from investors including Soma Capital, Adapt Ventures, Bain Capital Ventures, CRV, and Gateway X.
About Taekus
Industries
Consumer Software
Fintech
Financial Services
Company Size
11-50
Company Stage
Early VC
Total Funding
$6.9M
Headquarters
San Francisco, California
Founded
2020
Simplify's Take
What believers are saying
- Embedded finance in travel platforms grows 340% yearly for integrations.
- Cross-border payments hit $2.1 trillion by 2027 boosting multi-currency.
- Gen Z engages 2.3x more with gamified rewards in Taekus app.
What critics are saying
- Chase Sapphire Reserve locks users with 3x airline points in 6-12 months.
- American Express Platinum dominates with lounge access in 12-18 months.
- CFPB fines Taekus prepaid cards for fee violations in 12-24 months.
What makes Taekus unique
- Taekus automatically maximizes airline rewards without analyzing fine print.
- Taekus offers debit cards and virtual cards via Stearns Bank partnership.
- Taekus app enables TaekusPay for peer-to-peer payments in community.
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Funding
Total Funding
$6.9M
Above
Industry Average
Funded Over
1 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Stock Options
Paid Vacation
Remote Work Options
Professional Development Budget
Professional Certification Support
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -4%2 year growth
↓ -4%San Francisco, CA – According to filings with the U.S. Securities and Exchange Commission, Taekus is raising $6,883,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Austen Mance played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development. About Taekus
Taekus is Hiring for 3 Jobs on Simplify!
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About Taekus
Industries
Consumer Software
Fintech
Financial Services
Company Size
11-50
Company Stage
Early VC
Total Funding
$6.9M
Headquarters
San Francisco, California
Founded
2020
Taekus is Hiring for 3 Jobs on Simplify!
Find jobs on Simplify and start your career today