Vitesse PSP
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 1.9m | 2.8m | 4.1m | 4.3m | 6.4m | 33.2m |
% growth | - | 47 % | 50 % | 5 % | 46 % | 422 % |
Profit | (1.9m) | (2.8m) | (3.3m) | (4.5m) | (5.4m) | - |
% profit margin | (103 %) | (101 %) | (80 %) | (105 %) | (86 %) | - |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Early VC | ||
* | £6.5m | Series A | |
* | $26.0m | Series B | |
* | $93.0m | Series C | |
Total Funding | CAD174m |
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EditVitesse.io operates in the financial technology sector, providing a secure and compliant payment processing platform. The company primarily serves insurance companies, financial institutions, and other businesses that require efficient claims handling and payment processing. Vitesse.io's business model revolves around offering a robust platform that ensures quick and secure transactions, thereby enhancing customer satisfaction during times of distress. The platform is built with a strong emphasis on security, privacy, and regulatory compliance, employing role-based access mechanisms and SSL encryption for payment transactions. Vitesse.io generates revenue through subscription fees and transaction-based charges, catering to clients who need reliable and swift payment solutions. The company is committed to transparency and trust, building strong relationships with clients, service users, and employees.
Keywords: fintech, payment processing, claims handling, insurance, compliance, security, privacy, role-based access, SSL encryption, customer satisfaction.