PayTic
The only SaaS Program Management solution for all Card Issuers
The only SaaS Program Management solution for all Card Issuers
PayTic is a Canadian startup, founded in 2020, that has garnered the interest of investors, notably securing a Non Equity Assistance investment from Visa Accelerator on 14 February 2024. The company boasts a unique proposition in the Financial Services, Fintech, Payments, and SaaS sectors with its flagship product, PayTic Connect. Positioned as The only SaaS Program Management solution for all Card Issuers, PayTic Connect aims to streamline and optimize the management of payment card programs for banks, credit unions, and fintech companies. It offers a comprehensive suite of features, including scheme invoice analysis, data reconciliation, chargebacks, fraud, and compliance, all within an end-to-end SaaS platform. This serves to centralize payment data from all key players and automate processes, thereby enhancing efficiency and reducing manual effort for clients. With this innovative solution, PayTic enables its clients to manage their payment card programs with confidence, allowing them to focus on scaling their businesses without being bogged down by daily procedural inefficiencies.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Non Equity Assistance | Unknown | 1 | Visa Accelerator | 14 Feb 2024 |
| Seed Round | $2.95M | 4 |
|
04 May 2022 |
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