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.
- Website
- vertofx.com
- 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
Investors
Ranked
9th among 171 active competitors
Employee Count
261 as on May 31, 2026
Investment & Acquisitions
Legal entities associated with VERTO
VERTO is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
VertoFX Ltd CIN: 10973066 , United Kingdom, Active | Sep 19, 2017 | - | 47 (As on Sep 30, 2023) |
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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:
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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 |
View details of VERTO's funding rounds and investors
VERTO's founders and board of directors
Founder? Claim ProfileThe founders of VERTO are Anthony O and Ola Oyetayo.
Here are the details of VERTO's key team members:
- Anthony O: Co-Founder of VERTO and founder of 1 other company. Contact Info: 2 email addresses
- Ola Oyetayo: Co-Founder of VERTO and founder of 1 other company. Contact Info: 2 email addresses
View details of VERTO's Founder profiles and Board Members
VERTO's employee count trend
VERTO has 261 employees as of May 26. Here is VERTO's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Wise 2011, Shoreditch (United Kingdom), Public | Provider of international money transfer and multi-currency | $397M | 86/100 | |
2nd | Payoneer 2005, New York City (United States), Acquired | Provider of cross-border payment solutions for freelancers, businesses, and marketplaces | $269M | 84/100 | |
3rd | Remitly 2011, Seattle (United States), Public | Provider of international money transfer services with multiple delivery options | $436M | 84/100 | |
4th | Airwallex 2015, San Francisco (United States), Series H | Provider of financial infrastructure for processing payments and managing treasury | $1.9B | 83/100 | |
5th | Venmo 2009, New York City (United States), Acquired | Provider of a platform for sending and receiving payments between users | $1.3M | 76/100 | |
6th | Provider of a global payment infrastructure platform for businesses and financial institutions to facilitate cross-border transactions | $362M | 74/100 | ||
7th | Tipalti 2010, Foster City (United States), Series F | Cloud-based procurement and invoice management solutions for businesses | $553M | 73/100 | |
8th | Xoom 2001, San Francisco (United States), Acquired | Provider of online service for international money transfers, bill payments | $106M | 71/100 | |
9th | 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 | Cross-border money transfers for businesses and individuals | $5M | 66/100 |
Looking for more details on VERTO's competitors? Click here to see the top ones
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
Media has covered VERTO for a total of 7 events in the last 1 year, 6 of them have been about company updates.
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VentoFX Operator Launches V Global Markets, Secures Seychelles FSA LicenseFinance Magnates•Nov 12, 2025•VERTO
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Verto Launches API-First Finance Tool for Global Transactionselectronicpaymentsinternational.com•Sep 01, 2025•VERTO
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