VA Tech Ventures

otherdigital cards

FOUNDING YEAR: 2016
LOCATION: United States
Last Update: 22/10/2019

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About

We offer a full-stack payments and spend management platform that easily integrates with banking, payments and Enterprise systems via APIs.

Focus

PRODUCTS & SERVICES

We offer Cloud-based Spend Management Solutions, including: - Card Control & Management - Issuing Host / Transaction Processing - Expense Management - Vendor Payment

REVENUE MODEL

Subscription fees (SaaS) and Transaction fees (interchange)

PRIMARY PROBLEM SOLVED

Enable companies to integrate their enterprise data and spend policies into payments systems to provide real-time control and real-time visibility of spends with integrated dashboard for a comprehensive view of spends of the organization.

INTELLECTUAL PROPERTY

Patent(s) NOT_FILED

Traction

REVENUE

$1.0M - $4.99M

ACTIVE USERS:

300000

People

BOARD MEMBERS AND ADVISORS

Sanjay Swamy

Shailendra Singh

NUMBER OF EMPLOYEES

201-500

Momentum

FUNDED

NO

LISTED

NO

BASICS

FOUNDING YEAR:

2016

LOCATION:

United States

Views:

39 VISITORS | 71 VIEWS

About

We offer a full-stack payments and spend management platform that easily integrates with banking, payments and Enterprise systems via APIs.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
Other+

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VA Tech Ventures

About

We offer a full-stack payments and spend management platform that easily integrates with banking, payments and Enterprise systems via APIs.

Focus

PRODUCTS & SERVICES

We offer Cloud-based Spend Management Solutions, including: - Card Control & Management - Issuing Host / Transaction Processing - Expense Management - Vendor Payment

REVENUE MODEL

Subscription fees (SaaS) and Transaction fees (interchange)

TOP PROBLEM SOLVED

Enable companies to integrate their enterprise data and spend policies into payments systems to provide real-time control and real-time visibility of spends with integrated dashboard for a comprehensive view of spends of the organization.

PRODUCT DEVELOPMENT STAGE

V2.0 or BEYOND

KEY DIFFERENTIATORS

Have a full stack from card control to spend/expense management, which includes direct integration with Payment Networks (Mastercard, Visa...) and Banking systems

PRIMARY CUSTOMER TYPE

Enterprise - Banks or Financial Institutions

Enterprise - Retailers

Enterprise - Others

Small and Medium Business - Physical Retail

Small and Medium Business - Online Retail

Small And Medium Business - Other

PRODUCT ATTRIBUTES

SaaS

STRATEGIC CLIENTS AND PARTNERSHIP

Mastercard : Startpath Company

HDFC Bank : Channel Partner

People

NUMBER OF EMPLOYEES

201-500

KEY EMPLOYEES:

CEO: Anshul Rai

CTO: Manju Murthy

BOARD MEMBERS AND ADVISORS:

Sanjay Swamy, Shailendra Singh

Momentum

FUNDED

NO

TOTAL FUNDING:

$10 M

FUNDING COMPLETED

NO

LISTED

NO

FUNDING SERIES
Series B Dec 2017 --- USD10 M at a USD53 Mvaluation

Comment on Valuation

Based on press coverage