PayTic

company

About

Our SaaS helps card issuers and fintech businesses control risk and compliance through digitizing the payments back-office functions.

  • 1 - 10

Details

Last Funding Type
Seed
Last Funding Money Raised
$2.95M
Industries
Compliance,Customer Service,Financial Services,FinTech,Payments,Productivity Tools,SaaS
Founded date
Aug 9, 2020
Number Of Employee
1 - 10
Operating Status
Active

PayTic enables payments issuers to manage their card programs by providing dedicated back-office solutions that streamline the end-to-end operations in customer support, chargebacks, fraud, AML, reporting, and reconciliation.
Our proprietary solutions are unique in automating and centralizing the program management processes, regardless of the number of processors and the payment networks involved in the payments products.
We impact payments providers by eliminating the defragmented and manual processes and replacing them with a SaaS platform that increases proactivity, mitigates risks, and delivers value. It reduces the burn rate to near 0 in operational costs and offers an unprecedented competitive advantage.
PayTic is introducing the Zero Ops model in managing payments.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$2.95M
PayTic has raised a total of $2.95M in funding over 2 rounds. Their latest funding was raised on May 4, 2022 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 4, 2022 Seed $2.95M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
PayTic is funded by 1 investors. Concrete Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Concrete Ventures Seed