# Vyne Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vyne-technologies

- Industry: Software
- Headquarters: London, UK
- Website: www.payvyne.com
- Total disclosed funding: $10M
- Latest round: Seed (Aug 4, 2021)
- Investors on record: 5

## About

Based in London, UK, and founded in 2019 by Karl MacGregor, Damien Cahill, Adam Rowland, and Nick Daniel, Vyne Technologies Limited provides eCommerce payments solutions for retail, travel, hospitality, and accommodation industries. In August 2024, Tarabut Gateway W.L.L., a portfolio company of AlJazira Capital, Tiger Global Management, Entrée Capital, Target Global, Kingsway Capital, Global Ventures, Mad'a Investment, and Pinnacle Capital, acquired Vyne Technologies Limited from Entrée Capital, Hearst Ventures, Seedcamp, TriplePoint Capital, and Venrex. Financial terms of the transaction were not disclosed.

Vyne Technologies Limited works with the retail, travel, hospitality, and accommodation industries to provide an account-to-account payments platform that allows customers to pay online using open banking. The company's platform offers instant settlement, automated refunds, and seamless reconciliation.

The August 2024 acquisition aims to accelerate Tarabut Gateway W.L.L.'s service features, accessibility, and offerings.

## Funding rounds

- Seed, Aug 4, 2021, $10M — TriplePoint Capital, Hearst Ventures, Seedcamp, Venrex, Entree Capital

## Investors

- TriplePoint Capital (https://capitalatlas.ai/funds/triplepoint-capital) — Seed
- Hearst Ventures (https://capitalatlas.ai/funds/hearst-ventures) — Seed
- Seedcamp (https://capitalatlas.ai/funds/seedcamp) — Seed
- Venrex (https://capitalatlas.ai/funds/venrex) — Seed
- Entree Capital (https://capitalatlas.ai/funds/entree-capital) — Seed