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How Passworks CEO Francisco Belo grew Passworks to $330K revenue with a 3 person team in 2025.

Engage with consumers in real-time and based on their location through mobile wallets, such as Apple Wallet and Android Pay, and beacon technology. What is Passworks? Passworks.io is an online platform that allows brands to create mobile wallet marketing content for mobile wallet Apps, meaning digital passes, such as coupons, loyalty cards, store cards, event tickets, boarding passes, among others. These passes are dynamic, which means that can be updated constantly and in real-time so consumers can be always up-to-date. Also, these passes can be location-based actionable, through geo-reference (GPS) for outdoor locations or beacon technology, for indoor/in-store locations. This is a new concept called proximity marketing which allows brands to provide personalized in-store experiences for their consumers, based on their location, without the need to developing an App. The goal of using mobile as a marketing strategy is to link brick-and-mortar stores to digital content (or ecommerce) while creating stronger engagement and, ultimately, to drive store traffic. Whether big, medium or small businesses, communication agencies or e-commerce, Passworks has a solution for you through our Software-as-a-Service (SaaS) platform or an Application Program Interface (API). How does it Work? Step 1) Choose the type of pass you want to create and design it with your brand look & feel; Step 2) Add content and associate locations to trigger lock-screen notifications to remind your consumers about the pass; Step 3) Distribute the passes and keep it an open and ongoing communication channel by updating the pass and sending relevant push notifications. Consumers download the pass and when are near the locations you previously defined, receive a notification with the pass, allowing it to see the pass on the lock screen and, well, might as well go into the store and use the pass before it expires! Want to know more? Contact us at [email protected]!

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Passworks Revenue

In 2025, Passworks's revenue reached $330K. Since its launch in 2014, Passworks has shown consistent revenue growth.

Passworks Revenue GrowthReported revenue / ARR by year$0$75K$150K$225K$300K$375K2014201620182020202220242025$0$330KSource: GetLatka.com
YearMilestone
2025Passworks Hit $330k revenue in July 2025
2014Launched with $0 revenue

Passworks Valuation, Funding Rounds

Passworks's most recent disclosed valuation is $990K.

Passworks is a bootstrapped Mobile Advertising Software startup. Founded in 2014, Passworks has grown to $330K in revenue without raising any venture capital or outside funding.

As a self-funded Mobile Advertising Software SaaS company, Passworks has built its business with no outside investment.

Passworks Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120142014 cumulative: $0 • 2014 Founded: $02014 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Passworks Employees & Team Size

Passworks employs approximately 3 people as of 2026.

Passworks has 3 total employees in different roles and functions.

Passworks Team GrowthReported headcount over time01223420142016201820202022202420250033Source: GetLatka.com
YearMilestone
2025Reached 3 employees (July 2025)

Founder / CEO

Francisco Belo

Francisco Belo is listed as Founder / CEO at Passworks.

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Customers

We do not have customer count information for Passworks yet.

Frequently Asked Questions about Passworks

What is Passworks's revenue?

Passworks generates $330K in revenue.

Who is the CEO of Passworks?

The CEO of Passworks is Francisco Belo.

How much funding does Passworks have?

Passworks raised $0.

How many employees does Passworks have?

Passworks has 3 employees.

Where is Passworks headquarters?

Passworks is headquartered in Lisbon, Lisbon, Portugal.

Compare Passworks to the industry

Passworks operates across multiple industries. Browse revenue, funding, and growth data for Passworks 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 .

Passworks Revenue 2025: $330K ARR, $990K Valuation