
Bytandym
Cut your Payments Cost by up to 85%.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor investor investor | €0.0 | round |
investor | €0.0 | round | |
* | $50.0m | Debt | |
Total Funding | 000k |
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Bytandym.com is a fintech startup that offers a branded payments suite for businesses, particularly targeting enterprise brands. The company operates in the financial technology market, providing a unique solution that helps businesses reduce their processing fees to less than 1%. This is achieved by bypassing expensive network rails, which typically inflate processing costs.
The company's primary business model revolves around helping businesses create their own branded payment options. This not only reduces processing fees but also increases customer lifetime value and opens a new revenue stream for businesses. Bytandym.com claims that using their branded payments can lead to a 25% increase in customer lifetime value, as it encourages larger purchases and higher repeat purchase rates.
Furthermore, Bytandym.com offers a white-glove integration service, which means they handle all the technical aspects of integrating their payment system into a business's existing infrastructure. This includes individually designed program assets that put the client's brand front-and-center, tailored configuration of incentives, and no-code integrations with existing tools.
The company's revenue is likely generated from the fees charged for their services, which are offset by the savings businesses make from reduced processing fees and increased customer lifetime value.
In summary, Bytandym.com offers a unique solution for businesses looking to reduce costs, increase customer retention, and add a new revenue stream through branded payments.
Keywords: Branded Payments, Fintech, Processing Fees, Customer Retention, Revenue Stream, Enterprise Brands, White-Glove Integration, No-Code Integrations, Customer Lifetime Value, Financial Technology.