
RetryPay
Developer of financial software that boosts payment conversion without increasing fraud for eCommerce stores.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 Valuation: €0.0 | round | |
* | $1.5m | Seed | |
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
RetryPay is a dynamic startup that aims to revolutionize the payment processing industry. The company offers a unique solution that integrates multiple payment methods into a single, seamless system. This integration allows businesses to handle transactions more efficiently and effectively, reducing the likelihood of payment failures or rejections. By routing customer transactions to multiple destinations, RetryPay ensures that payments are retried smartly and automatically, thereby increasing the success rate of transactions.
RetryPay primarily serves e-commerce businesses, online service providers, and any company that relies heavily on digital transactions. These clients benefit from a more reliable and streamlined payment process, which in turn leads to happier customers and increased sales. The market RetryPay operates in is the financial technology (fintech) sector, which is known for its rapid innovation and growth.
The business model of RetryPay is based on providing a software-as-a-service (SaaS) platform. Clients subscribe to the service and pay a fee based on the volume of transactions processed or a flat monthly rate. This model ensures a steady revenue stream for RetryPay while offering scalable solutions for businesses of all sizes.
RetryPay makes money through subscription fees and possibly transaction-based fees, depending on the client's usage. By offering a more efficient payment processing solution, RetryPay helps businesses reduce lost sales due to payment failures, thereby justifying the cost of the service.
In summary, RetryPay is a fintech startup that enhances payment processing by integrating multiple payment methods into a single system, reducing transaction failures, and increasing sales for e-commerce and online service providers.
Keywords: fintech, payment processing, e-commerce, SaaS, transaction routing, payment integration, digital transactions, sales increase, customer satisfaction, subscription model.