TORUS
Banks and payment service providers have a huge challenge to understand fees by payment schemes like Visa and Mastercard. And on top of that rules are changed often, so a lot of resources are needed to analyze that. This means that they end up overpaying the fees. Torus was formed last year by ex-Mastercard executives to fight this problem. We develop a cloud-based analytical product, which helps banks and payment service providers to control the payment scheme fees and save up to 20% of the costs. Using the data available in banks, Torus solution enables banks and payment service providers to analyze their fees spent on card schemes in a more granular way, reconcile and forecast them as well as unleash the potential for optimization.
TORUS
Industry:
Banking Big Data FinTech Payments SaaS
Founded:
2020-06-01
Address:
Vilnius, Vilniaus Apskritis, Lithuania
Country:
Lithuania
Website Url:
http://www.torusadvisors.com
Total Employee:
1+
Status:
Active
Email Addresses:
[email protected]
Total Funding:
157.5 K EUR
Technology used in webpage:
Viewport Meta IPhone / Mobile Compatible SPF SSL By Default Google Font API Google Analytics Apple Mobile Web Clips Icon Google Tag Manager Content Delivery Network Domain Not Resolving
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Current Employees Featured
Founder
Investors List
70Ventures
70Ventures investment in Pre Seed Round - Torus
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Startup Wise Guys investment in Pre Seed Round - Torus
Official Site Inspections
http://www.torusadvisors.com
- Host name: aacb0a264e514dd48.awsglobalaccelerator.com
- IP address: 75.2.70.75
- Location: Seattle United States
- Latitude: 47.54
- Longitude: -122.3032
- Metro Code: 819
- Timezone: America/Los_Angeles
- Postal: 98108
More informations about "Torus"
Torus - Crunchbase Company Profile & Funding
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Torus - F6S
Torus is the award-winning SaaS intelligence platform for banks and fintechs to enhance their profits on card transactions by up to 50%. We enable card issuers and merchant acquirers to …See details»
Torus | Vilnius - Facebook
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News - Torus
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