About Vanco Payment Solutions
Vanco Payment Solutions is an Education company based in Atlanta (United States) founded in 2007, and was acquired by Veracity Payment Solutions in May 2014. Payment gateway solutions are provided for faith-based organizations and nonprofits. It operates in the Education and Financial Services sectors. Vanco Payment Solutions has raised $87 million across 5 funding rounds from investors including Great Hill Partners and Vanco Payments. Vanco Payment Solutions has completed 3 acquisitions, including LIFT Network, SmartCare and Vanco Services. Its website vancopayments.com draws about 170 thousand monthly visits. Vanco Payment Solutions offers products and services including Online Giving, Payment Processing, Mobile Church App, Event Management, and Child Care Manager. Its focus areas include FinTech, Payments, Business Payments and Online Payments. Its legal entity is VERACITY. Its competitors include Stripe, PayPal and Flutterwave; 3 of its 3 listed competitors have raised funding.
Company details
Vanco Payment Solutions, earlier known as Veracity Payment Solutions, offers specialized payment solutions across multiple industries, including faith-based organizations, nonprofits, and professional services companies. The services offered include (a) payment gateway services - including creditdebit card processing, issue of prepaid gift cards, mPOS, web and text based donations, ACH, (b) Payment hardware services including POS terminals, card readers etc. A developer portal is also being launched which will help developers curate various payment platforms.
- Headquarters Atlanta, United States
- Stage Acquired
- SectorsEducationFinancial Services
- Website category Community and Society · Faith and Beliefs
- Website vancopayments.com
- Social LinkedIn X Facebook YouTube
- Acquired by Veracity Payment Solutions (May 2014)
- Legal Name Veracity
- Total Equity Funding$87M (USD)
in 5 rounds
- Latest Funding Round$80M (USD), Private Equity Round
Mar 2012
- InvestorsGreat Hill Partners
& 1 more
- Investments & AcquisitionsLIFT Network
& 2 more
- Acquired byVeracity Payment Solutions
(May 2014)
Products & Services of Vanco Payment Solutions
Vanco Payment Solutions offers a comprehensive portfolio of products and services, including Online Giving, Payment Processing, Mobile Church App, Event Management, and Child Care Manager.
Software for secure online donations and giving management.
System for handling school fees and meal payments efficiently.
App for donor communication and outreach tools.
Software for ticketing and fundraising event handling.
Tools for attendance, billing, and enrollment in child care.
Apps and channels of Vanco Payment Solutions
Vanco Payment Solutions publishes 2 mobile apps with over 10K+ downloads; its YouTube channel Vanco has 1.46K subscribers and 30 videos.
Videos from Vanco Payment Solutions
The most watched videos on Vanco Payment Solutions's YouTube channel, Vanco (1.46K subscribers). Click a video to play it here.
More on Vanco.
Funding Insights of Vanco Payment Solutions
Vanco Payment Solutions has successfully raised a total of $87M across 5 strategic funding rounds. The most recent funding activity was a Private Equity Round of $80 million completed in March 2012. 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 $87M
- Total Rounds 5
- Last Round Private Equity Round — $80M
- First Round $5M
(Nov 2009)
- Investors Count 1
All 5 funding rounds of Vanco Payment Solutions 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 |
|---|---|---|---|---|---|
| Mar 2012 | $80M | Private Equity Round | – | – | |
| Jan 2012 | $40M | Unspecified | – | – | |
| Oct 2010 | Debt – Conventional | – | – | – | |
| Oct 2010 | $2M | Series A | – | – | – |
| Nov 2009 | $5M | Series A | – | – | – |
2 investors in total: 2 institutional.
Investors in Vanco Payment Solutions
Vanco Payment Solutions has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Great Hill Partners and Vanco Payments.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Business acquisitions are targeted by the private equity firm. | greathillpartners.com | Boston, United States | ||
Payment processing and management software are provided by Vanco Payments. | veracitypayments.com | Bloomington, United States |
Investor details for Vanco Payment Solutions
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Vanco Payment Solutions
99 people are tracked at Vanco Payment Solutions (28 in leadership, 71 in team).
| Name | Role | Group |
|---|---|---|
Jennifer Dorris | CFO | Leadership |
Steven Joos | Senior Vice President Product Management | Leadership |
Matt Strelecki | VP Customer Success | Leadership |
Travis Prowell | Chief Product Officer | Leadership |
Jim McGinnis | CEO | Leadership |
Deb Scheeringa | VP, HR | Leadership |
Oliver Chang | CTO | Leadership |
Megan S. | Vice President, Payments Program Management | Leadership |
Deborah Rude | Sr. Director Of Client Services | Leadership |
Lenore Dileo | Director, Human Resources | Leadership |
Justin Heimer | Vice President Of Technology | Leadership |
Nick Nolan | Director Of Finance | Leadership |
Steve Lentz | VP Of Finance | Leadership |
Susanna Kemp | Director, Client Success Operations And Retention | Leadership |
Kyle Rutenbar | Director Of Account Management + Customer Success | Leadership |
Ryan Currie | Director, GTM Operations | Leadership |
Greg Atkinson | Vice President Of Software Development | Leadership |
Gene Budd | VP - IT | Leadership |
Rachel Link | Director Of People Team | Leadership |
Jennifer Koehnen Lutter | Director Of Strategic Partnerships | Leadership |
79 more people are available in the full profile.
Complete people profiles for Vanco Payment Solutions
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by Vanco Payment Solutions
Vanco Payment Solutions has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include LIFT Network, SmartCare and Vanco Services.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based platform for real-time childcare center management is provided. | smartcare.com | Edgewood, United States | 2009 | Jan 2021 | •••• | |
Web-based payment solutions are provided for businesses and organizations. | vancoservices.com | Eden Prairie, United States | 1998 | May 2014 | •••• | |
Promotion management solutions are provided for restaurants by LIFT Network. | liftmysales.com | Camarillo, United States | 2002 | Feb 2013 | •••• |
Complete acquisition details for Vanco Payment Solutions
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Vanco Payment Solutions
7 dated milestones of Vanco Payment Solutions across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Vanco Payment Solutions is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Private Equity Round, of $80.0M.
- Acquisition Acquires LIFT Network.
- Acquisition Acquires Vanco Services.
- Exit Acquired by Veracity Payment Solutions.
- Acquisition Acquires SmartCare.
Competitors of Vanco Payment Solutions
Vanco Payment Solutions has 3 listed competitors in our database, 3 of them funded. They include Stripe, PayPal and Flutterwave.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stripe.com | 2009 | San Francisco, United States | $9.81B | 5,904 | Payment processing and card issuance solutions are provided for businesses. | |
| paypal.com | 1998 | San Jose, United States | $216M | 27,200 | Online payment solutions are offered to consumers and businesses. | |
| flutterwave.com | 2016 | San Francisco, United States | $489.41M | Provider of payment processing solutions for businesses |
Detailed competitors of Vanco Payment Solutions
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 Vanco Payment Solutions
The website of Vanco Payment Solutions (vancopayments.com) receives about 170.3K visits a month and ranks #209,320 among all websites worldwide, #3,070 in Faith and Beliefs.
- Monthly visits170.3K
▲ 1.8% vs previous month
- Unique visitors76.2K
per month
- Global rank#209,320
among all websites
- Category rank#3,070
Community and Society · Faith and Beliefs
- Bounce rate41%
- Pages per visit3.5
- Average visit1 min 25 sec
- DevicesDesktop 59% · Mobile 41%
Websites whose visitors overlap most with Vanco Payment Solutions. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| breezechms.com | 100% | 1.2M | #36,256 | View details | |
reachrightstudios.com | reachrightstudios.com | 100% | #521,946 | – | |
theleadpastor.com | theleadpastor.com | 94% | #437,092 | – | |
| sermonary.com | 92% | #1,246,741 | View details | ||
onrealm.org | onrealm.org | 92% | #22,508 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Vanco Payment Solutions
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Education Technology Platforms
3 companies that operate in the same segment as Vanco Payment Solutions (Education Technology Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of a platform providing gamified language learning through interactive exercises | 2011 | Pittsburgh, Pennsylvania, United States | USD 183.3 M | USD 748.02 M | 900 | |
Cloud-based software for K-12 education is provided. | 1997 | Folsom, California, United States | USD 32 M | USD 47.59 M | 1,308 | |
Online platform for preschool management and parent updates is offered. | 2014 | San Francisco, California, United States | USD 88.8 M |
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Related news about Vanco Payment Solutions
Complete news archive for Vanco Payment Solutions
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Frequently Asked Questions about Vanco Payment Solutions
Vanco Payment Solutions was founded in 2007 and raised its 1st funding round 2 years after it was founded.
Vanco Payment Solutions is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Vanco Payment Solutions is a funded company, having raised a total of $87M across 5 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Nov 2009.
Vanco Payment Solutions, earlier known as Veracity Payment Solutions, offers specialized payment solutions across multiple industries, including faith-based organizations, nonprofits, and professional services companies. The services offered include (a) payment gateway services - including creditdebit card processing, issue of prepaid gift cards, mPOS, web and text based donations, ACH, (b) Payment hardware services including POS terminals, card readers etc. A developer portal is also being launched which will help developers curate various payment platforms.
Vanco Payment Solutions's top competitors include Stripe, Flutterwave and PayPal.
Vanco Payment Solutions offers Online Giving, Payment Processing, Mobile Church App, Event Management, and Child Care Manager.
Vanco Payment Solutions has made 3 acquisitions, including LIFT Network, SmartCare, and Vanco Services.
Vanco Payment Solutions has 2 investors. Key investors include Great Hill Partners, and Vanco Payments.
Vanco Payment Solutions operates through Veracity.
Yes. Vanco Payment Solutions was acquired by Veracity Payment Solutions in May 2014.
Yes. Vanco Payment Solutions publishes Vanco Mobile Faith Engagement and 1 more app, with over 10,000 downloads.
The website of Vanco Payment Solutions receives about 170 thousand visits a month and ranks #209,320 among all websites worldwide.