• FOUNDING YEAR: 2010
    LOCATION:
    United States
    REGION:
    Texas
    Last Update:
    14 Feb, 2020
    Phone:
    1 214-238-4790

Description

FOCUS

PRODUCTS & SERVICES:
Its service offerings are as follows: 1. Checkout: It combines multiple payment tools and funding sources into single checkout channel. 2. Pay Out: Enables users to disburse funds globally to any endpoint. 3. Pay In: Enables users to receive money globally from any endpoint that their clients need.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Bank of America Merrill Lynch, Alliance Data, FIS, Verifone, Klarna
EXISTING PARTNERSHIPS:
Alliance Data Retail Services

PEOPLE

MEDICI analysts will analyze Modo soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$29.48 Millions
DATE OF LAST FUNDING:
Nov 2018
TOTAL FUNDING COMMENT:
The company will use the funds to grow the team and to expand the offerings of the company. (Nov. 2018)
SEED & PRIOR FUNDING:
$2.75 Millions
SEED CLOSED ON:
Jul 2014
FUNDING SERIES:
SERIES A
$18 Million Closed: Nov 2018
Others
$5.23 Millions Closed: Aug 2018
CONVERTIBLE DEBT:
$3.5 Millions
STRATEGIC INVESTMENT:
$2 Millions
LISTED:
NO

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