This startup provides customized payment and banking solutions that streamline the collection of funds and acceptance of payments through web, mobile, and virtual terminals. By automating manual processes and enhancing the security of card payments and digital wallets, the company enables clients to efficiently manage their entire payment lifecycle and improve transaction conversion rates.
Funding
$5.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many businesses face challenges in efficiently managing their payment processes, including the need to support diverse payment methods, reduce transaction failures, and streamline reconciliation. Existing payment solutions often lack the flexibility and integration capabilities required to optimize the entire payment lifecycle.
Solution
Acquired.com provides a unified payment infrastructure designed to optimize and streamline the entire payment ecosystem for businesses, particularly those focused on recurring commerce. The platform supports a range of payment methods, including card processing with digital wallets, real-time payments, open banking-powered "Pay by Bank" solutions, and direct debit. Acquired.com offers features such as intelligent routing to increase payment acceptance rates, real-time transaction monitoring, and automated reconciliation to improve operational efficiency. By unifying these services, Acquired.com enables businesses to reduce costs, improve cash flow, and enhance the customer payment experience. The platform's API-driven approach allows for seamless integration with existing systems and provides detailed reporting for actionable insights.
Target Audience
Acquired.com primarily targets businesses involved in recurring commerce, including those in lending, insurance, and subscription services, as well as any organization seeking to optimize its payment processes and improve customer experience.
Features
- Card processing with support for Apple Pay, Google Pay, and major credit/debit cards
- Real-time payments for instant transfers to bank accounts and cards
- Pay by Bank, leveraging Open Banking for secure and cost-effective payments
- Direct Debit for automated and streamlined collections
- Intelligent routing to optimize payment acceptance rates and reduce churn
- Real-time transaction monitoring and management
- Automated reconciliation for simplified business operations
- Payment Links for easy payment collection via text or email
- Network tokenization for uninterrupted recurring payments
- Fraud prevention tools, including 3-D Secure, and dispute management
- API-driven integration with loan management engines and other platforms