Victor: Raises $6M in Seed Funding

Victor Raises $6M in Seed Funding

  • Victor, a Fairmont, WV-based provider of a banking technologies solution, raised $6M in Seed funding
  • The round was led by MVB Edge Ventures
  • The company provides banking technology solutions that simplify Bank-Fintech partnerships
  • The company intends to use the funds to expand its service offering to include Push-to-Card payments and virtual card issuing
  • Since its founding in May of 2021, the team has built and released a suite of payment APIs to move money via ACH, wire and internal transfers
  • Additionally, the company has built a proprietary virtual account ledgering solution with instant virtual account creation via API
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Aviva Launches Insurance App on ChatGPT, Enhancing Customer Interactions

The new app aims to simplify insurance queries and support for users. Highlights: Aviva introduces an insurance app on...

NatWest Strengthens Mortgage Offerings with Pexa Digital Platform

Banking giant NatWest implements Pexa platform for streamlined digital mortgages. Highlights: NatWest integrates Pexa's platform for digital mortgages.The initiative...

Visa Strengthens Role as Super Validator in Canton Network

Visa's new position enhances blockchain transaction verification in the Canton network. Highlights: Visa becomes a super validator within the...

Monument Bank to Tokenise Retail Deposits, Enhancing Digital Banking Access

New initiative aims to modernize retail banking and improve deposit management. Highlights: Monument Bank plans to tokenize retail deposits...