# VitraCash

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

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.vitracash.com
- Total disclosed funding: $0.5M
- Latest round: Seed (Jul 8, 2021)
- Investors on record: 1

## About

VitraCash Ltd is a technology company specializing in innovative financial solutions, particularly through AI-driven debit card products aimed at enhancing user experience in digital transactions.VitraCash Ltd operates as a financial technology firm that focuses on developing smart AI debit cards. The company was founded by Koray Koska, who serves as CEO. In July 2021, VitraCash raised GBP 334,000 in SEED funding from Crowdcube, bringing the total amount raised to GBP 340,000 and establishing a current company valuation of GBP 2.523 million. The company's headquarters is located in London, UK.VitraCash Ltd offers a range of innovative products designed to meet the needs of its diverse clientele, focusing primarily on technology solutions. Their core products include a suite of software applications that enhance operational efficiency for businesses across various sectors, including retail, healthcare, and financial services. These applications streamline processes, improve data management, and facilitate real-time analytics. The company’s services have been adopted by a clientele that spans multiple geographical markets, including North America, Europe, and parts of Asia, indicating a robust international presence.VitraCash Ltd generates revenue primarily through a subscription-based model, allowing clients to access its software solutions on a recurring basis. This structure is complemented by strategic partnerships with key industry players, facilitating broader distribution channels for its products. Clients typically engage with the company through direct sales and B2B transactions, where they can select from various pricing tiers tailored to different levels of usage and functionality. The revenue stream is supported by ongoing service agreements that provide clients with continuous support and updates, reinforcing customer loyalty.VitraCash plans to utilize the GBP 334,000 raised in July 2021 to enhance its smart AI debit card offerings. The company aims to expand its product line and enter new markets, specifically targeting North America and Europe for its geographic expansion within the next two years. The funds will support the development and launch of new features for their debit cards, which are expected to provide enhanced functionalities for users.

## Funding rounds

- Seed, Jul 8, 2021, $0.5M — Crowdcube

## Investors

- Crowdcube (https://capitalatlas.ai/funds/crowdcube) — Seed
