BancBox was a financial technology company that provided a comprehensive suite of API-driven payment solutions, including escrow services, identity verification (KYC/AML), and payment processing. It catered primarily to online marketplaces, crowdfunding platforms, and financial service providers, enabling them to integrate complex payment functionalities seamlessly. Founded in 2008, BancBox aimed to simplify back-office payment operations for businesses. In August 2015, BancBox was acquired by PENSCO Trust Company (now part of Strata Trust Company), and its technology and services were integrated into the acquiring entity. As such, BancBox no longer operates as an independent company.
Served as the central hub for business operations, product development, software engineering, and executive leadership for its fintech platform prior to its acquisition.
Likely standard office facilities for a tech startup of its time in Silicon Valley; specific architectural details are not widely publicized.
As a venture-backed fintech startup, BancBox likely fostered a fast-paced, innovative, and collaborative work environment, focused on technological disruption in the payments sector. The culture would have emphasized agility and rapid development cycles.
The headquarters was crucial for developing BancBox's core payment API technology, securing venture funding, and establishing partnerships within the financial and crowdfunding industries before its acquisition by PENSCO.
While headquartered in the US with a significant development office in India, BancBox's API-driven platform was designed to support clients and payment functionalities with a global reach. Its services were particularly relevant for online marketplaces and crowdfunding platforms that often operate across international borders, enabling compliant payment processing capabilities for businesses serving a global user base. Its operations ceased as an independent entity upon acquisition.
400 S. El Camino Real, Suite 700
San Mateo
CA
USA
Address: Level 1, UB City, Concorde Block, 24, Vittal Mallya Rd, Bangalore, Karnataka 560001, India (historical)
To access India's robust software engineering talent pool for research & development, global product development support, and potentially to explore future market opportunities in the Asian fintech sector.
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As of April 2025, Finxera' leadership includes:
Finxera has been backed by several prominent investors over the years, including:
BancBox was acquired in August 2015 and subsequently integrated into its acquiring company. Therefore, there have been no executive hires or exits attributable to BancBox as an independent entity in the last 12 months, or for many years prior. Any leadership changes related to its former assets or technology would occur within Strata Trust Company.
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Historically, BancBox likely used common corporate email formats. However, since the company's acquisition in 2015 and the redirection of its domain (bancbox.com), original BancBox email addresses are no longer active or monitored.
Common formats were likely [first].[last]@bancbox.com or [first_initial][last]@bancbox.com.
Format
example: jane.doe@bancbox.com (Note: This email address is no longer functional)
Example
0%
Success rate
Business Wire • August 12, 2015
PENSCO Trust Company, a leading alternative asset custodian, announced its acquisition of BancBox. The acquisition aimed to enhance PENSCO's technology offerings for individual investors and financial professionals by integrating BancBox's API-driven payment and compliance solutions....more
TechCrunch • January 24, 2013
BancBox announced a $4.8 million Series A funding round led by Trinity Ventures, with participation from ff Venture Capital and Intel Capital. The funding was intended to help BancBox expand its payment platform for online marketplaces, crowdfunding sites, and other platforms needing complex payment and escrow services....more
VentureBeat • February 29, 2012
BancBox secured $1.8 million in seed funding from investors including ff Venture Capital, Baseline Ventures, and Harrison Metal. The company aimed to provide secure and compliant payment processing solutions for emerging online platforms....more
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