Revolv3, a Laguna Beach, CA-based payment optimization company, raised $4.5M in Seed funding.
The round was led by Rosecliff Ventures and an unnamed angel investors.
Led by Frank Arellano, Founder, Revolv3 is a SaaS payment optimization company that makes more money for online merchants with recurring billing. The platform maximizes recurring billing payment captures by identifying and analyzing data used by each bank card processor and issuer in real-time to optimize recurring and recycled attempts. For developers, Its machine learning backend is configurable within the platform via the portal or the APIs and is designed for the level of customization and granularity necessary to efficiently manage subscription billing payment capture and support ecommerce merchants as they scale and optimize their subscription business.
The company intends to use the funds to further building out the platform for advanced features and increasing the scope of the product roadmap. Plans for this investment include further building out the platform for advanced features and increasing the scope of the product roadmap. Some of the features include network and payment processor data optimization, intelligent payment and processor routing, enhanced platform security and payment network compliance, digital wallets, accounting systems, ecommerce platforms and CRM integrations.
FinSMEs
28/07/2022