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.
- Website
- www.verestro.com
- Email ID
- *****@verestro.com
- Phone Number
- +48 **********
Key Metrics
Founded Year
2020
Location
Warsaw, Poland
Stage
Seed
Latest Funding Round
Investors
Ranked
10th among 43 active competitors
Employee Count
162 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with Verestro
Verestro is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
VERESTRO SPÓŁKA AKCYJNA CIN: 0000842010 , Poland, Active | May 21, 2020 | - | - | |
Verestro SA CIN: 842010 , Poland, Active | May 20, 2020 | - | - |
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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 |
View details of Verestro's funding rounds and investors
Verestro's founders and board of directors
Founder? Claim ProfileVerestro's employee count trend
Verestro has 162 employees as of Sep 26. Here is Verestro's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Very Good Security 2015, San Francisco (United States), Series C | Cloud based data privacy and security management solutions | $104M | 70/100 | |
2nd | Data encryption solution provider | $46M | 59/100 | ||
3rd | Paymentology 2015, London (United Kingdom), Series A | Provider of payment solutions including card issuing and processing services | $175M | 57/100 | |
4th | SafeNet 1983, Belcamp (United States), Acquired | Cybersecurity solutions provider protecting applications, data, identities, and software | $139M | 52/100 | |
5th | TrustCommerce 1999, Santa Ana (United States), Acquired | Provider of payment acceptance solutions | - | 50/100 | |
6th | Eckoh 1997, Hemel Hempstead (United Kingdom), Acquired | Secure customer contact and payment solutions | - | 47/100 | |
7th | Protegrity 1996, Stamford (United States), Unfunded | Secure gateway and tokenization based data security solution for businesses | - | - | 41/100 |
8th | TokenEx 2010, Tulsa (United States), Series B | Provider of payment orchestration platform and tokenization and risk management services | $100M | 40/100 | |
9th | Provider of digital payment solutions including tokenization, mobile wallets, and provisioning | $5.2M | 37/100 | ||
10th | Provider of embedded finance and banking-as-a-service solutions for various businesses | - | 39/100 |
Looking for more details on Verestro's competitors? Click here to see the top ones
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
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Verestro integrates Quicko Wallet into the Slack applicationThe Paypers•Oct 18, 2023•Verestro, Quicko, Slack
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