Vindicia is a leading company in the field of payments recovery and is trusted by the world’s best enterprise payment teams. Their product, Vindicia Retain, offers a risk-free solution to existing payment recovery efforts and has been successful in intelligently resolving failed recurring payments, which in turn increases revenue and customer retention. Established in 2003 and headquartered in the United States, Vindicia operates in industries such as E-Commerce, Payments, and SaaS.
The company recently received a $20.00M Series E investment on 01 November 2010, backed by notable investors including Bertelsmann Digital Media Investments, Doll Capital Management, Onset Ventures, and FTV Capital. This injection of funding demonstrates the interest and confidence of industry players in Vindicia's growth potential and the value it provides to enterprises in the payments sector.
With this venture capital support, Vindicia is poised to further establish its leadership in the payments recovery space and continue to innovate in the increasingly critical domain of recurring payment solutions.