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

NYSE Parent Invests $600M in Polymarket, Strengthening Market Position

This significant investment signals confidence in the future of predictive markets. Highlights: NYSE's parent company allocates $600M to Polymarket.Investment...

Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration

Nexi's collaboration with Danish banks aims to strengthen payment services across Europe. Highlights: Nexi partners with several Danish banks...

Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers

The significant data breach prompts concerns over customer privacy. Highlights: Lloyds Banking Group admits to a data breach affecting...

Mastercard Restricts Sale of Nets Payments Unit Purchased for $3.2 Billion

Mastercard looks to divest its Nets payments segment as part of strategic realignment. Highlights: Mastercard is seeking to sell...