PayTic logo — The only SaaS Program Management solution for all Card Issue...

PayTic

The only SaaS Program Management solution for all Card Issuers

Founded 2020 Canada Canada 22 employees Non Equity Assistance Total: $2.95M Financial Services, Fintech +3

General Information

Company Name PayTic
Founded Year 2020
Location Canada Canada
Employees 22
Industries Financial Services, Fintech, Payments +2
Funding Stage Non Equity Assistance
Social

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About PayTic

PayTic is a Canadian startup, founded in 2020, that has garnered the interest of investors, notably securing a Non Equity Assistance investment from Visa Accelerator on 14 February 2024. The company boasts a unique proposition in the Financial Services, Fintech, Payments, and SaaS sectors with its flagship product, PayTic Connect. Positioned as The only SaaS Program Management solution for all Card Issuers, PayTic Connect aims to streamline and optimize the management of payment card programs for banks, credit unions, and fintech companies. It offers a comprehensive suite of features, including scheme invoice analysis, data reconciliation, chargebacks, fraud, and compliance, all within an end-to-end SaaS platform. This serves to centralize payment data from all key players and automate processes, thereby enhancing efficiency and reducing manual effort for clients. With this innovative solution, PayTic enables its clients to manage their payment card programs with confidence, allowing them to focus on scaling their businesses without being bogged down by daily procedural inefficiencies.

Business keywords: SaaS Program Management, Payment Card Programs, Data Reconciliation, Chargeback Management, Fraud Monitoring, AML Compliance, Digital KYC, Card Issuers, Financial Technology, Operational Efficiency, Payment Systems, Prepaid Cards, Competitive Advantage

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Non Equity Assistance Undisclosed 1
Visa Accelerator
14 Feb 2024
Seed Round $2.95M 4
Island Capital Partners, Outlierz Ventures +2
04 May 2022

PayTic Alternatives & Competitors

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PayTic vs
Rivero
Rivero Switzerland

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Zūm Rails unites Payments, Open Banking, & BaaS into one seamless platform to simplify finance and f...

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PayTic vs
Cambrist
Cambrist Ireland

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FAQ About PayTic

The only SaaS Program Management solution for all Card Issuers
PayTic was founded in 2020.
PayTic is headquartered in Canada.
PayTic operates in Financial Services, Fintech, Payments, Productivity and SaaS. Its work centres on SaaS Program Management, Payment Card Programs, Data Reconciliation and Chargeback Management.
PayTic has approximately 22 employees.
PayTic has completed 2 funding rounds, raising a total of $2.95M. The latest funding stage is Non Equity Assistance.
Top alternatives and competitors to PayTic include Rivero, Zūm Rails, Cambrist, Hyperwallet, CASHU. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PayTic and Rivero are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for PayTic, https://bouncewatch.com/company/paytic, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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