Vyne raises USD 15.5 million in seed funding

Thursday 23 September 2021 12:52 CET | News

Vyne, a UK-based payments platform, has secured USD 15.5 million in seed funding from fintech investors, including Hearst Ventures, to build challenger payment platform for merchants.

Founded in 2019, Vyne’s full-stack solution brings together industry experience to enable direct, secure, and faster payments for merchants and consumers. Payments can be completed by consumers in three-clicks and merchants can engage customers through more digital channels such as QR codes and pay-by-link, which can be sent by email, SMS or in person. 

Vyne’s solution is meant to boost conversion, reduce cost per transaction, streamline business operations with invoicing, and provide a real-time view of cash-flow.

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Keywords: online payments, funding, payment processing
Categories: Payments & Commerce
Countries: United Kingdom
This article is part of category

Payments & Commerce