Total Funding
93
85
Total FundingSeed raised
Growth Score 93 in past quarter
10 pts
Heat Score 85 in past quarter
8 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Recent Milestones
Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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25755
Torus is an enterprise SaaS intelligence platform for banks and payment providers to improve payment business profitability
- Alexey Nechaev: Chief Technology Officer
- Slavikovskiy Denis: Chief Data Officer
About the Company
Banks and payment service providers have a huge challenge to understand fees by payment schemes like Visa and Mastercard. And on top of that rules are changed often, so a lot of resources are needed to analyze that. This means that they end up overpaying the fees.
Torus was formed last year by ex-Mastercard executives to fight this problem. We
develop a cloud-based analytical product, which helps banks and payment service providers to control the payment scheme fees and save up to 20% of the costs.
Using the data available in banks, Torus solution enables banks and payment service providers to analyze their fees spent on card schemes in a more granular way, reconcile and forecast them as well as unleash the potential for optimization.