Floid SpA

Floid SpA, founded in 2019 in Santiago, Chile, specializes in Open Finance solutions. The company was co-founded by Alfonso Maira, John Grundström, and Tomás Contreras, with Alfonso Maira serving as the CEO.Floid is a fintech company specializing in Open Finance, providing an integrated platform that facilitates seamless connections between banks, businesses, and consumers. Its core offerings include advanced ACH payment processing, ensuring secure and instant payments while minimizing transaction failure risks. The company's Open Banking solution optimizes payment processes through enhanced security, speed, and cost efficiency. Additionally, Floid’s platform provides tools for user risk assessment, transaction reconciliation, and real-time operational visibility, catering to a diverse client base, including retailers and financial institutions across the United States and Latin America.Floid generates revenue through a transaction-based model, driven primarily by its ACH payment processing and Open Banking services. Customers pay for the integration of Floid’s APIs, which support various financial operations such as user verification, payment routing, and reconciliation tasks. The pricing structure is designed to accommodate both B2B transactions with enterprises and partnerships with financial institutions. The company plans to enhance its product offerings to meet the needs of these new markets, with a focus on improving its services and customer engagement.

1. Seed

   Dec 1, 2021

   Amount

   $2.3M

   Investors

   Locked