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VERTO - About the company

VERTO is a series A company based in Palo Alto (United States), founded in 2017 by Anthony O and Ola Oyetayo. It operates as a Provider of cross-border payment platform and foreign exchange solutions for businesses. VERTO has raised $12.1M in funding from investors like Y Combinator, DIFC and Quona. The company has 171 active competitors, including 31 funded and 12 that have exited. Its top competitors include companies like Wise, Payoneer and Remitly.

Company Details

Provider of cross-border payment platform and foreign exchange solutions for businesses. The platform offers multi-currency accounts, currency management, and payment infrastructure. It serves startups, mid-size companies, and enterprises with expense management and treasury solutions. The platform supports various industries, including creator economy, logistics, online retail, and manufacturing.
Social
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Phone Number
+1 **********
Registered Address
20-22 Wenlock Road, London, England
Key Metrics
Founded Year
2017
Location
Palo Alto, United States
Stage
Series A
Total Funding
$12.1M in 4 rounds
Latest Funding Round
Ranked
Employee Count
261 as on May 31, 2026
Investment & Acquisitions
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VERTO's funding and investors

VERTO has raised a total funding of $12.1M over 4 rounds. Its first funding round was on 2019. Its latest funding round was a Series A round on Sep 27, 2022 for $*****. 1 investor participated in its latest round. VERTO has 17 institutional investors.

Here is the list of recent funding rounds of VERTO:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 27, 2022
2484082
Series A
6087508
3904491
5019582
5242673
Sep 30, 2021
3061987
Series A
6943837
4790257
2632863
Jul 19, 2019
4464820
Seed
5497738
6831145
6787117
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VERTO's founders and board of directors

Founder? Claim Profile
The founders of VERTO are Anthony O and Ola Oyetayo.
Here are the details of VERTO's key team members:

VERTO's employee count trend

VERTO has 261 employees as of May 26. Here is VERTO's employee count trend over the years:
Employee count trend for VERTO
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VERTO's Competitors and alternates

Top competitors of VERTO include Wise, Payoneer and Remitly. Here is the list of Top 10 competitors of VERTO, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Wise
Wise
2011, Shoreditch (United Kingdom), Public
Provider of international money transfer and multi-currency
$397M
86/100
2nd
Logo for Payoneer
Payoneer
2005, New York City (United States), Acquired
Provider of cross-border payment solutions for freelancers, businesses, and marketplaces
$269M
84/100
3rd
Logo for Remitly
Remitly
2011, Seattle (United States), Public
Provider of international money transfer services with multiple delivery options
$436M
84/100
4th
Logo for Airwallex
Airwallex
2015, San Francisco (United States), Series H
Provider of financial infrastructure for processing payments and managing treasury
$1.9B
83/100
5th
Logo for Venmo
Venmo
2009, New York City (United States), Acquired
Provider of a platform for sending and receiving payments between users
$1.3M
76/100
6th
Logo for Thunes
Thunes
2016, Singapore (Singapore), Series D
Provider of a global payment infrastructure platform for businesses and financial institutions to facilitate cross-border transactions
$362M
74/100
7th
Logo for Tipalti
Tipalti
2010, Foster City (United States), Series F
Cloud-based procurement and invoice management solutions for businesses
$553M
73/100
8th
Logo for Xoom
Xoom
2001, San Francisco (United States), Acquired
Provider of online service for international money transfers, bill payments
$106M
71/100
9th
Logo for VERTO
VERTO
2017, Palo Alto (United States), Series A
Provider of cross-border payment platform and foreign exchange solutions for businesses
$12.1M
67/100
10th
Logo for InstaReM
InstaReM
2014, Singapore (Singapore), Series C
Cross-border money transfers for businesses and individuals
$5M
66/100
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VERTO's Investments and acquisitions

VERTO has acquired Locusnine. VERTO has not made any investments as of now.

Reports related to VERTO

Here is the latest report on VERTO's sector:

News related to VERTO

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Media has covered VERTO for a total of 7 events in the last 1 year, 6 of them have been about company updates.
Verto Launches API-First Finance Tool for Global Transactionselectronicpaymentsinternational.comSep 01, 2025VERTO
Verto Wins $1 Million Fintech AwardBusiness Post NigeriaMay 15, 2025VERTO
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FAQs about VERTO

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