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§ Private Profile · Geneva, Switzerland
Mobile payment and carrier billing provider enabling monetization via SMS, WAP, and voice solutions for content providers, banks, and e-commerce.
Echovox has raised $13.0M across 2 funding rounds.
Key people at Echovox.
Echovox was founded in 2000 by David Marcus (Founder & CEO).
Echovox has raised $13.0M in total across 2 funding rounds.
Based in Geneva, Switzerland, Echovox provides mobile payment, carrier billing, and messaging solutions that enable media companies, content providers, and developers to monetize their global audiences. The company connects to more than 100 mobile carriers across 20 countries, providing access to approximately 500 million subscribers and processing up to 50 million SMS text messages daily. In addition to monetization services, the platform delivers two-factor authentication and voice solutions for banks, e-commerce platforms, and mobile virtual network operators. Echovox raised $7.5 million in venture funding from lead investors including Advent Venture Partners and Newbury Ventures, and the organization also notably launched the mobile payment provider Zong before its 2011 acquisition by PayPal. Currently operating with an estimated 21 to 28 employees and generating approximately $9 million in annual revenue as of 2023, Echovox was founded in 2000.
Echovox is a private company providing mobile monetization solutions, specializing in carrier billing, SMS messaging, SMS two-factor authentication, and voice services across 20+ countries, connecting to 100+ carriers and over 500 million subscribers.[1][3] It enables transaction-enabled services via premium SMS, bulk SMS, and WAP billing, helping businesses monetize mobile interactions globally through APIs for secure, scalable communication and payments.[1][3] The company solves the challenge of seamless mobile payments and messaging in diverse markets, serving content providers, app developers, and enterprises needing carrier-grade infrastructure without building their own networks; it has raised at least $5M in funding, indicating moderate growth momentum in the carrier billing sector.[2]
Echovox emerged in the carrier billing space, securing a key $5M investment from Newbury Ventures, with managing partner Ossama Hassanein joining its board as non-executive chairman.[2] While exact founding details are sparse in available records, the company built traction by engineering a multi-carrier platform that spans 100+ carriers and 500M subscribers, focusing on global SMS and billing from early on.[1] This funding round marked a pivotal moment, enabling expansion of its API-driven services for SMS authentication, bulk messaging, and voice solutions like toll-free numbers.[1][3] Note that a separate entity, Echovox Media (founded 2014), operates in media and entertainment with digital solutions, but lacks direct ties to this mobile-focused Echovox.[5]
Echovox rides the trend of carrier billing resurgence in emerging markets and app economies, where direct carrier payments enable monetization without credit cards, crucial for regions with low banking penetration.[1][3] Timing aligns with rising demand for SMS-based 2FA amid cybersecurity threats and global messaging volumes, fueled by market forces like 5G rollout and regulatory pushes for secure mobile transactions.[1] It influences the ecosystem by empowering content and service providers to tap underserved subscribers, competing with players like PayVector in payment processing while carving a niche in SMS/voice infrastructure.[1]
Echovox is positioned for expansion in mobile-first economies, potentially scaling via partnerships with more carriers or integrations into fintech/Web3 apps needing frictionless billing.[1][3] Trends like AI-driven messaging and rising global data privacy rules will shape its path, favoring its established connectivity; influence may grow through acquisitions or deeper API ecosystems if it leverages its $5M backing effectively.[2] Watch for funding updates or service pivots—its carrier moat could solidify leadership in a consolidating market, tying back to its core strength in connecting billions via trusted mobile rails.[1][2]
Key people at Echovox.
Echovox was founded in 2000 by David Marcus (Founder & CEO).
Echovox has raised $13.0M in total across 2 funding rounds.
Echovox's investors include Felix Capital.
Echovox has raised $13.0M across 2 funding rounds. Most recently, it raised $8.0M Series B in February 2007.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 1, 2007 | $8M Series B | — | Felix Capital | Announced |
| Jun 1, 2005 | $5M Series A | — | Felix Capital | Announced |
