Revenew, a San Francisco, CA-based provider of a payment operations and optimization platform, raised $4.6m in seed funding.
The round was led by Fika Ventures, with participation from Dash Fund and TTV Capital.
The company intends to use the funds to expand operations and its development efforts.
Co-founded by Nicholas Thomson and Ben Foster, Revenew provides a solution for platforms and marketplaces to manage their payments, optimize margins and streamline financial operations. The company provides:
- Clarity, a solution featuring detailed insights into the profitability of payments, automated reconciliation of IC++ fees, tools to identify and eliminate loss-making payments, and no-code integration.
- Boost, a platform to optimize pricing strategy with intelligent pricing controls and find advanced payment flows to accelerate growth, introduce additional revenue streams and increase operational efficiency.
FinSMEs
26/08/2024