Numeral
Latest round
- Series A
Last raised
- Feb 2022
Total raised
- $14M
Investors
- 2
About Numeral
Numeral SAS, established in 2021 and headquartered in Paris, France, offers a payment infrastructure solution tailored for financial institutions.569 mn.Numeral's primary offerings revolve around a cloud-native payment infrastructure designed specifically for fintechs and banks, facilitating managed bank connectivity and compliance with payment schemes. The platform enables seamless integration with partner banks and provides a single API and dashboard to streamline payment processing and operations. Key functionalities include central payment processing, automation, managed VOP routing, and a verification mechanism. These solutions are tailored to address the complexities of payment initiation, reconciliation, and compliance management, allowing users to focus on their core financial activities. Numeral serves a diverse client base across Europe, supporting various end-users who rely on efficient transaction capabilities, including businesses looking to modernize their payment stacks and enhance their operational workflows.Numeral generates revenue through a structured model that includes subscription-based pricing for access to its payment processing services and API integrations. By providing a comprehensive suite of payment solutions, the company establishes partnerships with fintechs and banks that utilize its platform to facilitate transactions, manage accounts, and ensure compliance with payment schemes. The revenue model encompasses recurring subscription fees for ongoing access to its cloud infrastructure, with potential transaction fees based on the volume of payments processed., aiming to modernize its payment infrastructure. This acquisition will likely facilitate the development of new products and enhancements in their service offerings. The company is expected to expand into new markets, particularly focusing on enhancing its presence in Europe.630 mn will be utilized to support the development of these initiatives, aligning with Mambu's growth strategy.
Who invested in Numeral
2 investors across 1 round
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Funding rounds
Series A
Feb 22, 2022
Amount
$14M
Investors
Questions about Numeral
Who invested in Numeral?
Numeral has 2 investors 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 Numeral raised?
Numeral has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Numeral last raise money?
Numeral's most recent round on record is a Series A, in Feb 2022.
What does Numeral do?
Numeral SAS, established in 2021 and headquartered in Paris, France, offers a payment infrastructure solution tailored for financial institutions.
Where is Numeral headquartered?
Numeral is headquartered in Paris, France.
Which VCs invest in companies like Numeral?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Numeral's stage. Their profiles are linked below.
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