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Verestro - About the company

Verestro is a seed company based in Warsaw (Poland), founded in 2020. It operates as a Provider of embedded finance and banking-as-a-service solutions for various businesses. Verestro has raised an undisclosed amount in funding from Mastercard. The company has 43 active competitors, including 10 funded and 8 that have exited. Its top competitors include companies like Very Good Security, Evervault and Paymentology.

Company Details

Provider of embedded finance and banking-as-a-service solutions for various businesses. The company delivers digital banking products, card issuing, and card tokenization. It offers money transfer services, white-label mobile applications, and business control solutions. The company provides services to banks, fintechs, merchants, and other businesses.
Email ID
*****@verestro.com
Phone Number
+48 **********
Key Metrics
Founded Year
2020
Location
Warsaw, Poland
Stage
Seed
Latest Funding Round
Investors
Ranked
Employee Count
162 as on Sep 30, 2026
Investment & Acquisitions
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Verestro's funding and investors

Verestro has raised funding over 1 round. Its latest funding round was a Seed round on Jul 07, 2020 for $*****. 1 investor participated in its latest round. Verestro has 2 institutional investors.

Here is the list of recent funding rounds of Verestro:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 07, 2020
1768378
Seed
7896337
9745724
9114275
1347923
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Verestro's founders and board of directors

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Verestro's employee count trend

Verestro has 162 employees as of Sep 26. Here is Verestro's employee count trend over the years:
Employee count trend for Verestro
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Verestro's Competitors and alternates

Top competitors of Verestro include Very Good Security, Evervault and Paymentology. Here is the list of Top 10 competitors of Verestro, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Very Good Security
Very Good Security
2015, San Francisco (United States), Series C
Cloud based data privacy and security management solutions
$104M
70/100
2nd
Logo for Evervault
Evervault
2019, Dublin (Ireland), Series B
Data encryption solution provider
$46M
59/100
3rd
Logo for Paymentology
Paymentology
2015, London (United Kingdom), Series A
Provider of payment solutions including card issuing and processing services
$175M
57/100
4th
Logo for SafeNet
SafeNet
1983, Belcamp (United States), Acquired
Cybersecurity solutions provider protecting applications, data, identities, and software
$139M
52/100
5th
Logo for TrustCommerce
TrustCommerce
1999, Santa Ana (United States), Acquired
Provider of payment acceptance solutions
-
50/100
6th
Logo for Eckoh
Eckoh
1997, Hemel Hempstead (United Kingdom), Acquired
Secure customer contact and payment solutions
-
47/100
7th
Logo for Protegrity
Protegrity
1996, Stamford (United States), Unfunded
Secure gateway and tokenization based data security solution for businesses
-
-
41/100
8th
Logo for TokenEx
TokenEx
2010, Tulsa (United States), Series B
Provider of payment orchestration platform and tokenization and risk management services
$100M
40/100
9th
Logo for MeaWallet
MeaWallet
2013, Sandvika (Norway), Acquired
Provider of digital payment solutions including tokenization, mobile wallets, and provisioning
$5.2M
37/100
10th
Logo for Verestro
Verestro
2020, Warsaw (Poland), Seed
Provider of embedded finance and banking-as-a-service solutions for various businesses
-
39/100
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Verestro's Investments and acquisitions

Verestro has a total of 1 investment in Sportigio. Verestro has not made any acquisitions as of now.

Reports related to Verestro

Here is the latest report on Verestro's sector:

News related to Verestro

•
Verestro implements Paytool payment gatewaygospodarka.sos.pl•Oct 08, 2024•Verestro
•
Verestro launches a Bank-as-a-Service platformThe Paypers•Jul 26, 2023•Verestro
•
Mastercard invests in Poland's VerestroFinextra•Jul 06, 2020•Mastercard, Verestro
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FAQs about Verestro

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