Victor

Overview
FinTech Infrastructure?
Product stageSegments
Seed
?
Banking services
?

Victor offers an API-based banking and payment infrastructure platform to simplify bank-FinTech relationships. For FinTechs, it offers a range of money movement and payments (ACH and wire transfers), and deposit (deposit accounts, FBO accounts, and virtual accounts) solutions. Its virtual account solutions also include account ledgering, which enables settlement and transaction management.

The company also offers the “Vantage” platform and tools for banks to manage program and compliance risks relating to FinTech partnerships. Vantage aims to help banks benefit from their partnerships with FinTechs without managing the back-end operations to support these partnerships, which traditionally include due diligence, risk assessment, and ongoing monitoring of the programs.

Victor raised USD 6 million in seed funding in December 2021 (less than a year since inception), to invest in product developments and to accelerate the launch and expansion of its banking APIs and Vantage platform. Potential product expansions include Push-to-Card payments, virtual card issuing, integrated know-your-customer (KYC), and request-to-pay (RTP) solutions.

HQ location:
113 Platinum Drive Bridgeport WV USA
Founded year:
2021
Employees:
11-50
IPO status:
Private
Total funding:
USD 6.0 mn
Last Funding:
USD 6.0 mn (Seed; Dec 2021)
Last valuation:
-
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Product Overview
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Company profile
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