About FERO
FERO is a company based in Amsterdam (Netherlands) founded in 2023 by Maximilian Van Boxel and Craig Savage. FERO has raised $3 million across 1 funding round from investors including Coatue, Volta Ventures and Antler. FERO operates in a competitive market with competitors including Ezetap, 2can, Cyclos, SignCatch and SEPAY, among others.
- Total Equity Funding$3M (USD)
in 1 rounds
- Latest Funding Round$3M (USD), Seed
Nov 2023
- InvestorsCoatue
& 2 more
Funding Insights of FERO
FERO has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Seed round of $3 million completed in November 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $3M
- Total Rounds 1
- Last Round Seed — $3M
- First Round $3M
(Nov 2023)
- Investors Count 3
All 1 funding rounds of FERO with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2023 | $3M | Seed | – | – |
3 investors in total: 3 institutional.
Investors in FERO
FERO has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Coatue, Volta Ventures and Antler.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of an investment platform for various stages | – | coatue.com | New York, United States | |
Volta Ventures is focused on investing in B2B SaaS startups. | – | volta.ventures | Ghent, Belgium | |
Early-stage investing and founder support services are offered globally by Antler. | 2018 | antler.co | - |
Investor details for FERO
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- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of FERO
6 people are tracked at FERO (5 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Maximilian Van Boxel | Co-Founder | Leadership |
Craig Savage | Co-Founder & CEO | Leadership |
Chris Stein | Co-founder & Chief Customer Officer | Leadership |
Arif I. | Co-founder & Head Of Engineering | Leadership |
Paul-Christian Stoy | Co-founder & CDO | Leadership |
Daniel Belda | Strategic Advisor | Team |
Complete people profiles for FERO
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Timeline of FERO
2 dated milestones of FERO, from founding to its latest funding, stage changes and deals.
- Founded FERO is founded.
- Funding First funding round of $3.0M.
Competitors of FERO
FERO operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ezetap, 2can, Cyclos, SignCatch and SEPAY, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ezetap.com | 2011 | Bengaluru, India | $66.4M | 532 | Cloud-based mPOS software and hardware solutions are provided for businesses. | |
| 2can.ru | 2012 | Moscow, Russia | $9.6M | – | Card payments are enabled on smartphones for Russian merchants. | |
| cyclos.org | 2005 | Utrecht, Netherlands | – | – | NFC-enabled POS software is provided for payments and loyalty programs. | |
| signcatch.com | 2014 | Delhi, India | $1.45M | 2 | SaaS-based PoS platform integrates systems with websites and mobile apps. | |
| sepay.nl | 2005 | The Hague, Netherlands | – | – | Hardware-based payment terminal for businesses | |
| inepro.com | 2011 | Nieuw Vennep, Netherlands | – | – | POS hardware and software solutions are offered for payment systems. | |
| muxi.com | 2000 | – | – | – | Payment solutions are provided to offline retailers by Muxi. | |
| daalder.nl | 2013 | Amsterdam, Netherlands | $506,107 | – | Creative interior design advice is offered by the company. | |
| zeepos.com | 2016 | Jakarta, Indonesia | – | – | Provides mPOS software and hardware solutions. |
Detailed competitors of FERO
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of FERO
The website of FERO (fero.com) receives about 8.2K visits a month.
- Monthly visits8.2K
▼ 46.2% vs previous month
Websites whose visitors overlap most with FERO. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
google.fr | google.fr | 100% | – | #273 | – |
Similar companies to FERO
10 companies that operate in the same segment as FERO (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about FERO
FERO was founded in 2023.
FERO is headquartered in Amsterdam, Netherlands.
Craig Savage is the current CEO of FERO. They have also founded this company.
FERO is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Seed of $3M, raised on Nov 2023.
FERO was founded in 2023 in Amsterdam, Netherlands, within the fintech sector. Payment processing solutions are provided for business checkouts, with personalization tailored to individual customers. Optimization of payment methods is applied on a customer-by-customer basis, while fraud detection is managed through friction-based adjustments rather than binary decisions. Operations focus on enhancing checkout experiences across various business applications.
FERO has 3 investors. Key investors include Coatue, Volta Ventures, and Antler.