Vanco Payment Solutions

Vanco Payment Solutions

  • FOUNDING YEAR: 2012
    LOCATION:
    United States
    REGION:
    Georgia
    Last Update:
    14 Feb, 2020

Description

FOCUS

PRODUCTS & SERVICES:
Payment gateway & Card processing services for faith-based organizations, healthcare organizations, financial institutions, nonprofits, schools, municipalities and other entities. Provides hardware products (Terminals & Card readers) and software services. The gateway platform delivers electronic payments securely, seamlessly and simply.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Faith-based organizations, Nonprofits, and Professional services companies.
EXISTING PARTNERSHIPS:
Partnered with software providers ACH Technologies, Church Windows, etc.
COMMENT
Vanco leverages its proprietary systems and expertise in electronic payments to create custom payment solutions.

PEOPLE

Board Members and Advisors:
Joseph Cohane, Stephanie Sharp
NUMBER OF EMPLOYEES:
51-200
INVESTORS:
Great Hill Partners

TRACTION

VALUATION / MARKET CAP:
$1.07 Billions in 2015
REVENUE:
-
TRANSACTIONS VALUE:
$13 Billion
ACTIVE USERS:
0.0300

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$80 Millions
DATE OF LAST FUNDING:
Mar 2012
FUNDING SERIES:
Others
$80 Millions Closed: Mar 2012
LISTED:
NO

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