2024 Revenue
$5.7M
Funding
$4M
YOY
39.7%
Team
33
Founded
2015
How BanQu CEO Ashish Gadnis grew 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.
Last updated
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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | BanQu Hit $5.7m revenue in October 2024 | |
| 2023 | BanQu Hit $4.1m revenue in December 2023 | |
| 2021 | BanQu Hit $1.6m revenue in April 2021 | |
| 2015 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2019 | Funding round | $1.4M | - | - | |
| 2018 | Funding round | $2.5M | - | - | |
| 2016 | Funding round | $100K | - | - |
Founders
Ashish Gadnis
CEO
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.
Kirsten Rouland
Vice President Human Resources
Kirsten Rouland is listed as Vice President Human Resources at BanQu.
Chris Schaaf
Vice President, Platform Management
Chris Schaaf is listed as Vice President, Platform Management at BanQu.
Mark Geoghegan
Vice President, Professional Services
Mark Geoghegan is listed as Vice President, Professional Services at BanQu.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for BanQu yet.
BanQu Employees & Team Size
BanQu employs approximately 33 people as of 2026, down from 44 in 2023, including 2 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 33 employees (December 2024) |
| 2024 | Reached 33 employees (October 2024) |
| 2023 | Reached 44 employees (December 2023) |
| 2022 | Reached 38 employees (December 2022) |
| 2021 | Reached 21 employees (December 2021) |
| 2021 | Reached 29 employees (April 2021) |
Frequently Asked Questions about BanQu
What is BanQu's revenue?
BanQu generates an estimated $5.7M in annual revenue.
Who is the CEO of BanQu?
The CEO of BanQu is Ashish Gadnis.
How much funding does BanQu have?
BanQu raised $4M across 3 rounds.
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.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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