
Confidotech
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Date | Investors | Amount | Round |
---|---|---|---|
investor investor | €0.0 | round | |
N/A | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
* | $15.0m | Series A | |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
Related Content
ConfidoTech operates in the financial technology sector, providing solutions that streamline the order-to-cash (OTC) process for businesses. The company offers a platform that simplifies ACH (Automated Clearing House) payments by allowing customers to upload bank details and make payments easily. ConfidoTech's platform also facilitates the delivery of invoices and remittance data, while enabling real-time tracking of payment statuses through customer payment portals. This eliminates the need for time-consuming implementations, as users can simply log in with their credentials to establish connections. The platform ensures proper remittance details, which allows for automated application every time, reducing processing costs and minimizing the risk of lost invoices and payment confusion. ConfidoTech primarily serves businesses looking to optimize their financial operations, particularly those in need of efficient invoicing and payment solutions. The company generates revenue through subscription fees for its platform services.
Keywords: ACH payments, automated invoicing, remittance data, payment tracking, financial operations, OTC process, payment portals, subscription model, financial technology, business optimization.