Truevo is a dynamic player in the fintech landscape, established in 2012, with its headquarters located in Malta. The company's mission, encapsulated in its slogan, "Simply better payments," aims to revamp the payments industry across Europe with seamless and secure payment solutions.
By empowering businesses to accept payments via Visa, Mastercard, Google Pay, and Apple Pay in over 150 currencies, Truevo allows transactions to be settled in any preferred currency. Their comprehensive suite includes services like card acquiring, virtual point-of-sale terminals, and a robust payment gateway that caters to online, in-store, in-app, and over-the-phone transactions.
Notably, Truevo also facilitates near-instant payouts to over a billion eligible Mastercard and Visa cards worldwide. Their solutions are fortified by PCI-DSS Level 1 security, ensuring the highest protection for all transactions. The company received a significant boost with a €3.00M Series A investment from Dalamear Investments Ltd on 06 November 2015, marking a pivotal moment in its growth trajectory.
For venture capitalists, Truevo's innovative approach to payments and its commitment to security make it a compelling investment within the rapidly evolving payments and big data industries.