Fintoc Analysis: $7M Raised
What is Fintoc?
Fintoc offers digital payment solutions for businesses, enabling efficient payment management, initiation, and automated bank reconciliation.
Employees
60
Founded
2020
Revenue
$3.9-9.8M
Company Stage
Series A
YC Batch
W21
Product Features & Capabilities
- Iniciación de Pagos, permite que los usuarios paguen sin salir de la app o web, menor comisión por transacción, alternativa más rentable que aceptar pagos con tarjetas
- Conciliación de pagos, automatiza procesos de conciliación bancaria, simplifica conciliación, cobranza y gestión de pagos.
How much Fintoc raised
1 - $7 million
April 2024Lead Investor: Propel VC, additional backing from seed investors
Investors
- Propel VC
- Monashees
- Y Combinator
- 3 other undisclosed investors
Company Pricing
- Fintoc charges a fee for each resource based on the selected pricing plan.
- Payment commissions range from 2% to 3%, which can significantly impact commercial margins.
