About Verrency
Verrency is a Financial Services company based in Melbourne (Australia) founded in 2016 by David Link. It provides payment solutions for banks. It operates in the Financial Services and Technology sectors. Verrency has raised $10.97 million across 3 funding rounds from investors including Plug and Play APAC. Its chief executive is David Link. Verrency offers products and services including Carbon Calculator, APIs, and Carbon Offset Projects. Its focus areas include FinTech, Banking Tech, Marketing Solutions and Card-Linked Marketing. Its legal entity is VERRENCY AUSTRALIA PTY LTD. Its competitors include Stripe, Square, Flutterwave, PayU and Vanco Payment Solutions and 3 more; 5 of its 8 listed competitors have raised funding.
Company details
Verrency was founded in 2016 in Melbourne, Australia, within the fintech sector. Payment solutions are offered to banks, including points redemption programs without merchant integration, virtual cards, account aggregation, and merchant-funded rewards. Roundups from customer purchases can be directed to charities or savings accounts. APIs are provided for service providers to integrate their systems with bank payment infrastructures.
- Headquarters Melbourne, Australia
- Founders David Link
- SectorsFinancial ServicesTechnology
- Email••••••••
- Website verrency.com
- Social LinkedIn X Facebook Instagram
- Legal Name Verrency Australia Pty Ltd
- Total Equity Funding$10.97M (USD)
in 3 rounds
- Latest Funding Round$6.97M (USD), Series A
Jun 2019
- Investors
Products & Services of Verrency
Verrency offers a comprehensive portfolio of products and services, including Carbon Calculator, APIs, and Carbon Offset Projects.
Tool for calculating and offsetting user carbon emissions accurately.
APIs to enable climate action in business systems quickly.
Projects for investing in verified reforestation and emission reduction.
Funding Insights of Verrency
Verrency has successfully raised a total of $10.97M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6.97 million completed in June 2019. 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 $10.97M
- Total Rounds 3
- Last Round Series A — $6.97M
- First Round $4M
(Oct 2017)
- Investors Count 1
All 3 funding rounds of Verrency 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 |
|---|---|---|---|---|---|
| Jun 2019 | $6.97M | Series A | – | – | – |
| Oct 2018 | – | Series A | – | Plug and Play APAC | – |
| Oct 2017 | $4M | Series A | – | – | – |
1 investors in total: 1 institutional.
Investors in Verrency
Verrency has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Plug and Play APAC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sector-agnostic acceleration is provided to startups across industries. | – | plugandplayapac.com | Singapore, Singapore |
Investor details for Verrency
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of Verrency
10 people are tracked at Verrency (3 in leadership, 7 in board & advisors).
| Name | Role | Group |
|---|---|---|
David Link | Founder & CEO | Leadership |
Annaliza Liddelow | Global Head, Client Services | Leadership |
Jeroen van Son | CEO | Leadership |
Shezan Amiji | Advisor | Board & advisors |
Paul Thomalla | Advisor | Board & advisors |
Jeff Portelli | Advisor | Board & advisors |
Daniel Chatelain | Advisor | Board & advisors |
Michael Kennedy | Advisor | Board & advisors |
Susanne Brønnum | Advisor | Board & advisors |
David Campbell | Advisor | Board & advisors |
Complete people profiles for Verrency
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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Verified entity values are shown only after access is granted.
Timeline of Verrency
3 dated milestones of Verrency across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Verrency is founded.
- Funding First funding round of $4.0M.
- Funding Latest funding round, Series A, of $7.0M.
Competitors of Verrency
Verrency has 8 listed competitors in our database, 5 of them funded. They include Stripe, Square, Flutterwave, PayU and Vanco Payment Solutions, among others.
| 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. | |
| squareup.com | 2009 | San Francisco, United States | $519.75M | 11,372 | POS solutions are provided for retail businesses. | |
| flutterwave.com | 2016 | San Francisco, United States | $489.41M | – | Provider of payment processing solutions for businesses | |
| payu.com | 2002 | Amsterdam, Netherlands | $35.15M | 1,200 | Online payment processing and credit solutions are provided for businesses. | |
| vancopayments.com | 2007 | Atlanta, United States | $87M | 257 | Payment gateway solutions are provided for faith-based organizations and nonprofits. | |
| aciworldwide.com | 1975 | Omaha, United States | – | 4,732 | Digital payments are processed and managed via specialized solutions. | |
| cybersource.com | 1994 | Foster, United States | – | – | Global e-commerce payment processing and security services are managed. | |
| wirecard.com | 1999 | Aschheim, Germany | – | 4,989 | Payment processing solutions are provided for businesses and merchants. |
Detailed competitors of Verrency
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.
Top companies in Banking & FinTech Platforms
10 companies that operate in the same segment as Verrency (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 180.56 M | – | 3,462 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.73 B | USD 5.95 B | 20,299 | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 2.37 B | USD 2.31 M | 3,786 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.01 B | USD 813.42 M | 2,835 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 2,149 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, England, United Kingdom | USD 852.48 M | – | 556 |
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Related news about Verrency
Complete news archive for Verrency
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Frequently Asked Questions about Verrency
Verrency was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Verrency is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
David Link is the current CEO of Verrency. They have also founded this company.
Verrency is a funded company, having raised a total of $10.97M across 3 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Oct 2017.
Verrency was founded in 2016 in Melbourne, Australia, within the fintech sector. Payment solutions are offered to banks, including points redemption programs without merchant integration, virtual cards, account aggregation, and merchant-funded rewards. Roundups from customer purchases can be directed to charities or savings accounts. APIs are provided for service providers to integrate their systems with bank payment infrastructures.
Verrency's top competitors include Stripe, PayU and Flutterwave.
Verrency offers Carbon Calculator, APIs, and Carbon Offset Projects.
Verrency has 1 investor. Key investors include Plug and Play APAC.
Verrency operates through Verrency Australia Pty Ltd.