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How BanQu CEO Ashish Gadnis grew BanQu to $5.7M revenue with a 33 person team in 2024.

Developer of a blockchain platform designed to capture economics transactions and digital identity of the unbanked population. The company's platform leverages blockchain technology to offer a secure, immutable and distributed ledger of financial and personal records necessary to connect the unbanked /underbanked to the global economy, enabling businesses, organizations and governments to automate compliance, track aid and other interactions with unbanked communities.

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BanQu Revenue

In 2024, BanQu's revenue reached $5.7M. The company previously reported $4.1M in 2023. Since its launch in 2015, BanQu has shown consistent revenue growth.

BanQu Revenue GrowthReported revenue / ARR by year$0$1M$3M$4M$5M$6M201520172019202120232024$0$2M$4M$6MSource: GetLatka.com
YearMilestone
2024BanQu Hit $5.7m revenue in October 2024
2023BanQu Hit $4.1m revenue in December 2023
2021BanQu Hit $1.6m revenue in April 2021
2015Launched with $0 revenue

BanQu Valuation, Funding Rounds

BanQu has not publicly disclosed its valuation. The company has raised $4M in total funding to date.

BanQu has raised $4M in total funding across 3 rounds, with its most recent round in 2019.

BanQu Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$1M$2M$3M$4M$5M201520162017201820192015 cumulative: $0 • 2015 Founded: $02016 cumulative: $100K • 2015 Founded: $0 • 2016 Funding round: $100K2018 cumulative: $3M • 2015 Founded: $0 • 2016 Funding round: $100K • 2018 Funding round: $3M2019 cumulative: $4M • 2015 Founded: $0 • 2016 Funding round: $100K • 2018 Funding round: $3M • 2019 Funding round: $1M$4M2015 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2019Funding round$1.4M--
2018Funding round$2.5M--
2016Funding round$100K--

BanQu Employees & Team Size

BanQu employs approximately 33 people as of 2026, down from 44 in 2023.

BanQu has 33 total employees in different roles and functions and 2 sales reps that carry a quota.

BanQu Team GrowthReported headcount over time01020304050201520172019202120232024003333Source: GetLatka.com
YearMilestone
2024Reached 33 employees (December 2024)
2024Reached 33 employees (October 2024)
2023Reached 44 employees (December 2023)
2022Reached 38 employees (December 2022)
2021Reached 21 employees (December 2021)
2021Reached 29 employees (April 2021)

Founder / CEO

Ashish Gadnis

27 years progressive experience in global business solutions, technology deployments, startups (ideation to sale) and social enterprise in extreme poverty / conflict zones. Advocacy of financial empowerment for women globally to eliminate extreme poverty globally.

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Customers

We do not have customer count information for BanQu yet.

Frequently Asked Questions about BanQu

What is BanQu's revenue?

BanQu generates $5.7M in revenue.

Who is the CEO of BanQu?

The CEO of BanQu is Ashish Gadnis.

How much funding does BanQu have?

BanQu raised $4M.

How many employees does BanQu have?

BanQu has 33 employees.

Where is BanQu headquarters?

BanQu is headquartered in Lehi, Utah, United States.

Compare BanQu to the industry

BanQu operates across multiple industries. Browse revenue, funding, and growth data for BanQu in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

BanQu Revenue 2024: $5.7M ARR, $4M Raised