Company of the Week: Verrency

Melbourne-based payments platform, Verrency is our Company of the Week!

Verrency enables financial services providers, mainly banks, to add new products and FinTech innovations to their current offering without replacing existing payments infrastructure.

They provide a set of native features and marketplace third-party fintech services in one single API platform. Their mission is to put financial institutions back at the centre of innovation through a myriad of capabilities including loyalty and rewards redemption, transaction round ups, device and card management, digital currency enablement and many more. Once connected, all its features are immediately enabled in the live payments flow, ensuring instant gratification for the end consumer. The list of FinTech marketplace services continues to grow to give financial institutions the control over the optimal customer journey for their business.

With an estimated total funding of $20 million and a passion for fostering innovation, Verrency maintains offices around Australia, Singapore, USA and the UK with plans of further expansion into Europe and Asia.

Verrency continues to gain momentum as a global FinTech force to be reckoned with. We are proud to feature them as our Company of the Week!