Giact Systems, LLC, a Allen, TX-based provider of risk management solutions for electronic payments, received a majority investment from Tritium Partners.
The amount of the investment was not disclosed.
The investment will allow Giact to advance its services and to broaden its customer and partner relationships.
Founded in 2004 by Melissa Brown, CEO, and Merlin Bise, CTO, Giact provides verification, authentication, and funds confirmation information for businesses across all industries to assess and manage risk in electronic payments and accept them with confidence.
It currently services more than 1,000 customers including businesses of all types including financial and lending institutions, insurance companies, retail and e-commerce merchants, card issuers and payment processors, MSBs, utilities and housing, government agencies, and peer-to-peer payment providers.
FinSMEs
13/01/2015