# Increasecard

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/increasecard-s-a

- Industry: Software
- Headquarters: Buenos Aires, Argentina
- Website: www.increasecard.com
- Total disclosed funding: $0.6M
- Latest round: Seed (Jul 1, 2015)
- Investors on record: 1

## About

Increasecard S.A. is a technology company that provides a comprehensive platform for payment processing and revenue collection, enhancing business operations in multiple sectors.Founded in 2014 by Lars Ericson and Matias Doublier, Increasecard S.A. is headquartered in Buenos Aires, Argentina. The company specializes in streamlining payment processing and revenue collection for businesses. Most recently, Increasecard S.A. raised USD 3.000 mn in venture funding on September 21, 2018, from Agrega Partners, bringing their total funding to USD 3.000 mn. The company has closed 2 deals since its inception.Increasecard S.A. offers a platform designed to streamline business operations related to payment processing and revenue collection. Their core product facilitates card sales management, providing businesses with access to sales data through a unified interface. Features include automation for collections, retries, and notifications, optimizing revenue flow for small to medium-sized enterprises across various sectors, including retail and e-commerce, with a focus on markets in Latin America and Europe.Increasecard S.A. generates revenue through transactional processes associated with its services. Clients enter into direct partnerships to leverage the platform for enhancing their revenue collection strategies. The revenue model includes subscription fees for platform access and variable fees based on transaction volumes processed. Pricing plans are tailored to accommodate different business sizes, ensuring that services meet the specific needs of their clientele. The company’s flagship services include enhanced payment processing capabilities, contributing to revenue through a combination of subscription and transactional fees.Increasecard S.A. plans to utilize the recent funding of USD 3.000 mn to develop new products and expand into new markets. The company aims to launch innovative features on its platform and is targeting growth in additional Latin American and European markets by the end of 2023.

## Funding rounds

- Seed, Jul 1, 2015, $0.6M — Kaszek Ventures

## Investors

- Kaszek Ventures (https://capitalatlas.ai/funds/kaszek-ventures) — Seed