- Submission
- Discovery
- Evaluation
- Commercialization
- Scaling
Employee Count
-2208124800
Website
Funding Status
Round A
Total Funding Amount
$ 62,500M
Funding Rounds
5Rounds
Product Stage
Released
Potential BUs Interest
Research and Development
Geographical Location
USA
Company Locations/Offices
San Francisco, California, United States
Contact Person Details
Sandra Hoover
Nullam@semper.co.uk
423-3103
Source Of Contact
Accenture FinTech lab
Status
Late Stage Venture
Categorisation
Information Services, Information Technology, Internet
Country Tag
France
Maturity
Pre-seed
Additional resources / links / articles
IFTTT is the world’s leading connectivity platform. We help over 700 global enterprises accelerate the digital transformation of their products into integrated services, dramatically reducing their development costs while extending compatibility and lifetime value. IFTTT is the connectivity standard and low-code alternative to building your own integrations in-house. Our products have attracted 18 million consumers across 140 countries and served over 100 million activated connections. Enterprises like Domino’s, Amazon, Bosch, ING, and Samsung trust IFTTT for their connectivity solutions.
Meeting date
11/11/2015
Meeting Summary
Fair points, we considered challenges from Compliance and Security perspective,however, we need to try and challenge the status quo and for sure Security will be our partner to make this happen as a result we are focused on receiver experience firstly in the end and cost conscious once less tickets, less cost.
Solution Assessment
It’s a first step in rate liberalization and it increases the returns for households. The lower floor for lending rates creates more competition between banks. So banks cannot guarantee their profits as before.
Annual Recurring Revenue
k$ 93,750
Gross Margin
k$ 140,630
User Base
10,000 k Users
Internal Evaluation
But it acknowledged the potential for negative economic consequences from rising investment.
Forecasted Impact
k$ 281,250
PoC Due Date
26/07/2018
Initial Release date
30/08/2018
Commercial Intent
Merge
Implementation Efforts (man/days)
2,500 man/days
Implementation Cost
k$ 1,000
M&A Completion Progress
90 %
Actual Impact
k$ 309,380
Owner
Product Manager
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