Banked :

Banked :

Banked is a global payments network aiming to revolutionize the industry by leveraging modern bank rails. Its mission is to power real-time payments for consumers, businesses, and banks, ultimately enhancing the customer experience, payment security, business efficiency, and cost effectiveness. Through this innovative approach, Banked aims to provide a superior method to take and make payments.

The company's services cater to both businesses and consumers—offering businesses a new payment method that enables fast, secure transactions directly through the customer's bank. This results in instant and full payments to the business, helping with cash flow and reconciliation. Furthermore, Banked offers reduced transaction costs, lowered fraud expenses, and seamless integration with modular capabilities tailored to each business's needs—from payment links to value-added services.

For consumers, Banked facilitates a faster and simplified payment experience without the need to store payment information, providing increased security and convenience at checkout. The company distinguishes itself by delivering direct communication with the user's bank, ensuring privacy and data protection.

Founded in 2018 and headquartered in the United States, Banked recently secured a significant $15.00M Series A investment on 15 November 2022. The funding round was led by Insight Partners, Citigroup, NAB Ventures, and Rapyd Ventures, further indicating the industry's confidence in Banked's potential.

With its focus on Financial Services, Fintech, Payments, and Banking, Banked is well-positioned to continue driving innovation and reshaping the payments landscape.

Learn more at Banked

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