Vitesse PSP

Vitesse PSP

Provides cross-border payment services to banks and businesses via a globally distributed settlement network. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD201820192020202120222023
Revenues1.9m2.8m4.1m4.3m6.4m33.2m
% growth-47 %50 %5 %46 %422 %
Profit(1.9m)(2.8m)(3.3m)(4.5m)(5.4m)-
% profit margin(103 %)(101 %)(80 %)(105 %)(86 %)-
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DateInvestorsAmountRound

N/A

Early VC
*

£6.5m

Series A
*

$26.0m

Series B
*

$93.0m

Series C
Total Funding€116m

Recent News about Vitesse PSP

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Vitesse.io operates in the financial technology sector, providing a secure and compliant payment processing platform. The company primarily serves insurance companies, financial institutions, and other businesses that require efficient claims handling and payment processing. Vitesse.io's business model revolves around offering a robust platform that ensures quick and secure transactions, thereby enhancing customer satisfaction during times of distress. The platform is built with a strong emphasis on security, privacy, and regulatory compliance, employing role-based access mechanisms and SSL encryption for payment transactions. Vitesse.io generates revenue through subscription fees and transaction-based charges, catering to clients who need reliable and swift payment solutions. The company is committed to transparency and trust, building strong relationships with clients, service users, and employees.

Keywords: fintech, payment processing, claims handling, insurance, compliance, security, privacy, role-based access, SSL encryption, customer satisfaction.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.