| Acquired by | OfferIQ |
| Date | 9/10 |
| Website | transactis.com |
| Category | Enterprise |
| info@transactis.com | |
| Employees | 34 |
| Description | Electronic transaction processing |
| Data Impact, 7/11 | |
| OfferIQ, 9/10 |
| TOTAL | $25.7M |
| FUNDING TOTAL | $25.7M |
| Series A, 2/07 | $1.5M |
| Series A, 1/08 Joe Proto | $3.5M |
| Series C, 1/09 Vermont Information Processing | $3M |
| Series A, 12/09 ff Venture Capital | |
| Series C, 3/10 Metamorphic Ventures | $2.5M |
| Series B, 11/10 StarVest Partners ff Venture Capital | $7M |
| Series C, 11/12 Harland Financial Solutions | $8.2M |
Transactis works with banks and their merchants to transform traditional paper-based billing, payment, and coupon transactions to smarter electronic interactions that are more efficient and cost-effective. Since 2001, Transactis has been a leading provider of Electronic Bill Presentment & Payment (EBPP) tools including BillMail and BillerExpress. These solutions give small and medium sized businesses the ability to electronically distribute invoices and collect payments, without the investment typically made by large organizations. With its September 2010 acquisition of Offer IQ, Transactis expanded its portfolio of Software-as-a-Service products to include virtual couponing & paper-free loyalty solutions for retailers. Offer IQ brings a new platform not only to distribute virtual coupons to consumers via their mobile phone or social network, but to redeem them through the use of an existing credit or debit card. This robust suite of electronic billing, payment, couponing, and loyalty products makes Transactis a value-added partner for banks and merchants looking to strengthen their customer relationships by providing innovative electronic billing & marketing products.
Since its inception in 2001, Transactis has helped businesses attain their financial goals by decreasing their paper billing costs and providing user friendly solutions that offer customers choice and flexibility in electronic bill delivery.
BillMail and BillerExpress were created by an industry-leading management team which includes innovators from Capital One, Wells Fargo, Chase, First Data, AOL, and Yodlee
