Basis Theory, a US-based startup founded in 2020, is redefining the landscape of payment infrastructure. Positioned at the intersection of technology and commerce, the company's slogan "Build the payments stack fit for your business" resonates with its mission. Offering a fully programmable vault, Basis Theory empowers businesses to create engaging commerce flows, seamlessly manage compliance, and maintain control of payments data. Its PCI Level 1, SOC2 type 2, and ISO 27001-compliant vault provide unparalleled flexibility and customization, leveling the playing field for fintechs and merchants.
The recent Series A investment of $17.00M on 21st April 2022, led by a consortium including Bessemer Venture Partners, BoxGroup, Ludlow Ventures, Conversion Capital, Kindred Ventures, Good Friends VC, Offline Ventures, and Xffirmers, underscores the strong investor confidence in Basis Theory's disruptive potential. Despite being a relatively new entrant, the company has already gained traction within the Cyber Security and Information Technology industries.
Basis Theory's tailored approach caters to a wide spectrum of clientele, from budding fintech startups to established merchants. By providing the necessary tools and support, the company ensures that each client can craft a payment stack that perfectly aligns with their business model. With its innovative solutions and the backing of prominent investors, Basis Theory is poised for significant growth and impact within the fintech and commerce space.