# Numeral

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/numeral

- Industry: Software
- Headquarters: Paris, France
- Website: www.numeral.io/
- Total disclosed funding: $14M
- Latest round: Series A (Feb 22, 2022)
- Investors on record: 2

## About

Based in France, Numeral SAS specializes in providing cloud-native payment infrastructure for fintechs and banks, streamlining payment processing and compliance for their clients.Numeral SAS, established in 2021 and headquartered in Paris, France, offers a payment infrastructure solution tailored for financial institutions. Founded by Camille Tyan, the company has successfully completed three deals with key investments led by Balderton Capital and Kima Ventures. In its latest funding round, the Series A, which raised EUR 12.630 mn, the company's total funding amount reached EUR 12.630 mn, resulting in a current valuation of EUR 65.569 mn. The most recent deal occurred on December 5, 2024, marking a significant milestone in the company's growth trajectory.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. The company’s solutions have gained traction across European markets, particularly within the eurozone, where SEPA payments play a significant role in everyday financial transactions.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. Numeral’s flagship products, including its managed bank connectivity and automated payment processing systems, form the cornerstone of its financial transactions with clients, who depend on these offerings to enhance their operational efficiency.In December 2024, Numeral SAS was acquired by Mambu B.V., 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. The recent funding of EUR 12.630 mn will be utilized to support the development of these initiatives, aligning with Mambu's growth strategy.

## Funding rounds

- Series A, Feb 22, 2022, $14M — Balderton Capital, Kima Ventures

## Investors

- Balderton Capital (https://capitalatlas.ai/funds/balderton-capital) — Series A
- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Series A