VertoFX
Latest round
- Series A
Last raised
- Oct 2021
Total raised
- $12M
Investors
- 9
About VertoFX
VertoFX Ltd.Founded in 2017 by Angela Packard, Anthony O, George Hearn, Joshua Berkeley-Agyepong, and Ola Oyetayo, VertoFX Ltd. is headquartered in London, UK.VertoFX provides a comprehensive suite of products designed to facilitate cross-border payments and foreign exchange (FX) solutions for businesses ranging from startups to enterprises. Their core offerings include Verto Accounts, allowing users to open local accounts for simplified international transactions, and Verto FX, a platform for real-time FX management across 49 currencies to mitigate market volatility. The Verto Atlas service offers embedded collections and payouts via API solutions, empowering clients to transact seamlessly with emerging markets. This unified platform serves various sectors including logistics, online retail, and the creator economy, enabling efficient expense management and currency control.VertoFX generates revenue primarily through transaction fees associated with its financial services, particularly related to cross-border payments and currency exchanges. The company employs a structured transaction model where businesses utilize its services to manage payments, streamlining their financial operations. For example, a retail business might leverage Verto Accounts to accept payments in multiple currencies while using the Verto FX service to hedge against currency fluctuations. Pricing structures align with the value delivered through these platforms, potentially including fees for each transaction processed or subscription models for premium services.In February 2022, VertoFX Ltd. The company plans to utilize these funds to expand its AI-driven 3D product visualization solution, making it commercially available to customers across various industries. Additionally, VertoFX aims to enter new geographic markets to enhance its service offerings and meet growing customer demands.
Who invested in VertoFX
9 investors across 2 rounds
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Questions about VertoFX
Who invested in VertoFX?
VertoFX has 9 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has VertoFX raised?
VertoFX has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did VertoFX last raise money?
VertoFX's most recent round on record is a Series A, in Oct 2021.
What does VertoFX do?
VertoFX is a financial services company.
Where is VertoFX headquartered?
VertoFX is headquartered in London, UK.
Which VCs invest in companies like VertoFX?
Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back financial services companies at VertoFX's stage. Their profiles are linked below.
VCs backing financial services startups at Series A
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