Link Money

Link Money

Low cost, fast, secure payments, powered by Open Banking. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD109—164m (Dealroom.co estimates Jan 2023.)
West Columbia South Carolina (HQ)

Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD2023
Revenues4.7m
  • Edit
DateInvestorsAmountRound
*

$10.0m

Seed
*

$20.0m

Series A
Total FundingCAD40.9m

Recent News about Link Money

Edit
More about Link Moneyinfo icon
Edit

Link.money is a fintech startup that leverages the power of Open Banking to provide low-cost, fast, and secure payment solutions. The company primarily serves businesses that are looking for more cost-effective ways to process payments. By using Open Banking technology, Link.money can significantly reduce payment processing fees by 70-80%, a considerable saving compared to the average card payment fee of two percent per transaction.

The company operates in the financial services market, specifically in the payment processing sector. Its business model revolves around its proprietary Pay by Bank product, which is powered by Open Banking. This product allows businesses to quickly and easily integrate Link.money's payment solution into their existing systems, whether they operate on the web, mobile, or mobile apps. A few lines of code are all that's needed to get started.

Link.money generates revenue by charging a small fee for each transaction processed through its system. However, these fees are significantly lower than traditional card payment fees, making it an attractive option for businesses looking to reduce their payment processing costs.

Security is a top priority for Link.money. The company is committed to protecting its merchants and their customers, ensuring that all transactions are processed securely.

In summary, Link.money is a fintech startup that offers a low-cost, fast, and secure payment solution powered by Open Banking. It serves businesses looking to reduce their payment processing costs and operates in the financial services market.

Keywords: Fintech, Open Banking, Payment Processing, Low-Cost, Fast, Secure, Pay by Bank, Web Payments, Mobile Payments, Transaction Fees.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.