Verrency
Company

Last deal

$7M
Local Amount - AUD 10M

Amount

Series A

Stage

11.06.2019

Date

4

all rounds

$14.6M

Total amount

General

About Company
Verrency is a financial technology platform that provides an Open-API based 'Innovation-as-a-Service' Platform to Card Issuers.

Industry

Sector :

Subsector :

Keywords :

founded date

01.07.2016

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

The Verrency platform connects banks with a marketplace of payment innovations, including 3rd party fintech solutions and Verrency pre-built white-label services, enabling financial institutions to introduce innovative payment services faster, at lower cost and reduced risk. The platform facilitates card issuers, merchant issuers, processors and other digital financial services institutions to easily manage payment devices and virtual cards and easily connect to third-party financial services, enabling customers to receive increased security, control and choice and to easily pay anywhere using different funding sources. Verrency's mission is to put financial institutions back at the centre of the innovation, and the company is currently working with some of the world's largest banks, card issuers and payment processors to bring these new capabilities to their customers.