# Plastyc

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

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.plastyc.com
- Total disclosed funding: $2M
- Latest round: Series B (Feb 6, 2011)
- Investors on record: 1

## About

Plastyc is a financial technology company that specializes in providing innovative banking solutions. The firm focuses on enhancing digital payment experiences and financial services for consumers and businesses alike.Founded in 2006 and headquartered in New York, US, Plastyc operates in the fintech sector, offering digital banking solutions. The company has raised a total of USD 2.00 mn across multiple funding rounds, with the most recent being a Series B round in February 2011. This round was led by Core Innovation Capital.Plastyc offers a range of digital banking solutions designed to enhance payment experiences and financial management. Their offerings include prepaid debit cards and a comprehensive online banking platform aimed at both consumers and businesses, primarily targeting small to medium-sized enterprises and individuals in North America and Europe. These solutions focus on improving financial accessibility and management, catering to user needs since their introduction in the early 2010s.Plastyc generates revenue through a subscription-based model, allowing clients to access its digital banking products. Clients typically enter into annual contracts, which include ongoing updates and technical support, ensuring a stable revenue stream. The pricing structure is designed to accommodate various business needs, including options for premium features and enhanced support, fostering long-term relationships with clients.Plastyc aims to expand its product offerings by launching new features in its digital banking platform in the upcoming year. The company also plans to enter additional markets in Latin America by 2024, leveraging the recent USD 2.00 mn funding from Core Innovation Capital to support these growth initiatives.

## Funding rounds

- Series B, Feb 6, 2011, $2M — Core Innovation Capital

## Investors

- Core Innovation Capital (https://capitalatlas.ai/funds/core-innovation-capital) — Series B