• FOUNDING YEAR: 2012
    LOCATION:
    United States
    REGION:
    Georgia
    Last Update:
    9 Sep, 2019

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

FOUNDERS:
Joseph Cohane, Stephanie Sharp
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
SEED & PRIOR FUNDING:
$80 Millions
SEED CLOSED ON:
Mar 2012

LATEST RESEARCH