www.token.io
2015
London, United Kingdom and Berlin, Germany
Marten Nelson, Steve Kirsch, Todd Clyde
Token has completed three rounds of funding, for a total of USD 80 mln from investors including Octopus Ventures, Cota Capital, TempoCap, EQT Ventures, SBI Investments, MissionOG, Opera Tech Ventures (BNP Paribas), and Sony Ventures.
90
Founding Member - Open Finance Association
Member - UK Finance
Member - FDX
Member - SME Climate Hub"
Awards "Winner - Open Banking Innovation Platinum Award 2023 - Juniper Research Future Digital Awards
Winner - Payments Tech of the Year - 2023 Europe Fintech Awards
Winner - Paytech Company of the Year - 2023 Fintech London Awards
Winner - Open Banking Innovation Platinum Award 2022 - Juniper Research Future Digital Awards
Winner - Payments Tech of the Year 2022 (Fintech Awards London)
Winner - Payments Tech of the Year 2022 (UK Fintech Awards)
Winner - Hottest Fintech Startup 2021 (Europas)
Winner - Best Open Banking Solution 2020 (PayTech Awards)
Winner - Best Fintech Partnership Award 2019 (Banking Technology Awards)
Winner - Fintech of the Year 2019 (FSTech Awards)
info@token.io
With the deepest and highest performing Open Banking connectivity, Token.io’s whitelabel-ready A2A payment infrastructure enables PSPs to grow their market share, maximise acceptance, and deliver lower processing costs and better payment experiences to their merchants by launching their own 'Pay by Bank' method.
Merchants demand a payment mix that is secure, low cost, instant, boosts conversion & maximises acceptance. To deliver, PSPs are loading their payment mix with alternative payment methods (APMs), which will claim 62% of Europe’s ecommerce transaction values by ‘26 (from 38% in ‘18). Given the continued shift from cards to APMs, PSPs will grow their market share by launching their own 'Pay by Bank' offering as a mainstream payment method. Powered by open banking, account-to-account (A2A) payments (often called 'Pay By Bank') are instant, reach anyone with a bank account to maximise acceptance, deliver a better UX and offer higher success rates than cards and APMs in many markets.
Deepest connectivity: 80%+ of accounts in every supported market (567 million bank accounts);
Highest performing connectivity: 95%+ success rate in top markets;
Every bank connection is built and maintained in-house to drive the ultimate performance and control;
Built to help PSPs quick start: Use Token.io's license or yours, use Token.io's conversion boosting payment authentication flows or bring your own, use Token.io's Virtual Accounts or your settlement accounts;
Support for every channel and device: ecommerce and point of sale (QR code or Pay By Link on mobile, tablet, or till);
Fully brandable dashboard with merchant billing, infinite hierarchies, programmable authorisations;
White label Token.io's infrastructure for a ready-to-market proposition.
Europe
Token.io leads the market by providing coverage to a minimum of 80% of bank accounts in each of its 20 supported markets:
Austria: 91% of bank accounts covered
Belgium: 97% of bank accounts covered
Denmark: 81% of bank accounts covered
Estonia: 95% of bank accounts covered
Finland: 86% of bank accounts covered
France: 96% of bank accounts covered
Germany: 93% of bank accounts covered
Hungary: 92% of bank accounts covered
Ireland: 80% of bank accounts covered
Italy: 92% of bank accounts covered
Latvia: 87% of bank accounts covered
Lithuania: 90% of bank accounts covered
Netherlands: 89% of bank accounts covered
Norway: 80% of bank accounts covered
Poland: 82% of bank accounts covered
Portugal: 87% of bank accounts covered
Romania: 80% of bank accounts covered
Spain: 93% of bank accounts covered
Sweden: 81% of bank accounts covered
United Kingdom: 97% of bank accounts covered
Token.io provides self-service tools and documentation to help developers integrate into the Token.io API, in addition to office hours, a support portal, and dedicated Technical Account and Programme Managers.
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Token.io's industry-leading A2A payment infrastructure is proven by a blue-chip base of partners, which collectively process payments for tens of millions of consumers worldwide.
Native cloud
Java (microservices based)
For more details, please contact our sales team.
Token.io's infrastructure enables payment providers like BNP Paribas and Echopay to offer Pay by Bank across various channels, including ecommerce checkouts and POS systems.
Token.io's infrastructure underpins HSBC's Open Payments solution, used by customers like British Car Auctions (BCA), the UK's leading vehicle remarketing business.
Token.io's infrastructure powers A2A payments for Flutterwave's 'Collect Payments' solution, serving over a million customers across 34 countries.
Token.io enables A2A payments for Computop, Germany's leading global PSP with 38% market share
Other Token.io customers include Global Payments, Nuvei, Paysafe, ACI Worldwide, Mastercard, BNP Paribas, Total Processing & Trust Payments.
Token.io's near-term roadmap includes further optimisation of our connectivity coverage and performance, enhancements to Token.io's Virtual Accounts and AIS products, additional Web App functionality, and commercial Variable Recurring Payments pilots.