Bytandym

Bytandym

Cut your Payments Cost by up to 85%.

HQ location
Chicago, United States
Launch date
Employees
Enterprise value
$40—60m
  • Edit
Get premium to view all results
DateInvestorsAmountRound
-investor investor investor investor investor

€0.0

round
investor

€0.0

round
*

$50.0m

Debt
Total Funding000k
Notes (0)
More about Bytandym
Made with AI
Edit

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.

Analytics
Unlock the full power of analytics with a premium account
Track company size and historic growth
Track team composition and strength
Track website visits and app downloads