TORUS

torus-logo

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.

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TORUS

Social Links:

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

alexey-nechaev_image

Alexey Nechaev
Alexey Nechaev Chief Technology Officer @ Torus
Chief Technology Officer
2021-10-01

slavikovskiy-denis_image

Slavikovskiy Denis
Slavikovskiy Denis Chief Data Officer @ Torus
Chief Data Officer
2020-05-01

igor-volkov_image

Igor Volkov
Igor Volkov Co-Founder and CPO @ Torus
Co-Founder and CPO

kirill-lisitsyn_image

Kirill Lisitsyn
Kirill Lisitsyn Co-Founder and CEO @ Torus
Co-Founder and CEO
2020-05-01

Founder


igor-volkov_image

Igor Volkov

kirill-lisitsyn_image

Kirill Lisitsyn

Investors List

70ventures_image

70Ventures

70Ventures investment in Pre Seed Round - Torus

startup-wise-guys_image

Startup Wise Guys

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

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