Mica
Latest round
- Seed
Last raised
- Jun 2020
Total raised
- Undisclosed
Investors
- 1
About Mica
Mica operates a payment processing platform that facilitates fraud-free account linking. Founded in Bee Cave, US, the company has undergone strategic pivots to enhance its technology.Mica’s core offerings revolve around a revolutionary payment processing platform designed to facilitate credential-less and fraud-free account linking. The technology enables irrevocable transactions with real-time revenue recognition, supporting various payment types through multi-tender functionality. Key use cases include online, in-store, and in-app payments, catering to a diverse clientele that encompasses both retail and peer-to-peer networks. Mica's solutions also include SKU-level adjudication and dynamic digital receipts, enhancing the customer experience by providing detailed transaction information.Mica's revenue structure is primarily driven by transaction fees associated with its payment processing services, which are utilized by businesses across various sectors. Clients are charged on a per-transaction basis, with the potential for additional fees tied to multi-tender functionalities and optional KYC assertions. The platform's capabilities are ideally suited for both B2B and direct-to-consumer transactions, enabling businesses to streamline their payment processes while ensuring compliance and security. The company aims to expand into additional regions in North America and Europe, with targeted launch efforts by late 2025.
Who invested in Mica
1 investor across 1 round
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Funding rounds
Seed
Jun 1, 2020
Amount
Undisclosed
Investors
Questions about Mica
Who invested in Mica?
Mica has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Mica raised?
Mica has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Mica last raise money?
Mica's most recent round on record is a Seed, in Jun 2020.
What does Mica do?
Mica operates a payment processing platform that facilitates fraud-free account linking.
Where is Mica headquartered?
Mica is headquartered in Bee Cave, US.
Which VCs invest in companies like Mica?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Mica's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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