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

NatWest Highlights AI Benefits for Customers Amid Digital Shift

The bank reports improved services through enhanced AI technology. Highlights: NatWest reports AI implementation has enhanced customer experiences.The bank...

Lloyds Investigates Use of Staff Bank Data During Pay Talks

The bank is reviewing data usage amid negotiations with staff over pay. Highlights: Lloyds Banking Group is reviewing data...

X to Launch Crypto and Stock Trading, Expanding Investment Options

X's new platform aims to integrate cryptocurrency and stock trading. Highlights: X will launch a new platform for crypto...

UK’s NSI Bank Transformation Programme Faces Major Criticism

The transformation initiative is labeled a full-spectrum disaster by experts. Highlights: NSI Bank's transformation programme has drawn severe criticism.Experts...