Episode Six provides a cloud-based financial platform that enables businesses to create customizable card and ledger solutions, facilitating real-time payments and multi-currency transactions. This technology addresses the limitations of traditional payment systems by offering flexible infrastructure that supports various financial products, including virtual cards and installment plans.
Funding
$105M 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.
AFounders
Product
Problem
Traditional payment systems often lack the flexibility to support customizable card and ledger solutions, hindering businesses from adapting to evolving market demands and offering innovative financial products. Existing infrastructure can be rigid, making it difficult to implement real-time payments, multi-currency transactions, and diverse financial products like virtual cards and installment plans.
Solution
Episode Six provides a cloud-based platform that enables businesses to create tailored card and ledger solutions, facilitating real-time payments and multi-currency transactions. The platform's flexible infrastructure supports a wide array of financial products, including virtual cards, commercial cards, installment plans, and various account structures. With a robust API library, businesses can update product details such as interest rates, fees, and risk controls in minutes. The platform also offers a permission-based dashboard for product, operations, and customer teams to manage risk and customer service.
Target Audience
Episode Six targets global banks, regional banks, digital banks, lenders, consumer fintechs, B2B fintechs, fleet operators, transit operators, and program managers seeking to build innovative payment and banking products.
Features
- Cloud-based infrastructure for cards and ledger management
- Support for physical and virtual cards, including credit, debit, prepaid, commercial, and installment cards
- Real-time payment processing and multi-currency transaction capabilities
- Configurable ledger system supporting virtual accounts, revolving credit, installments, loans, and interest-bearing deposits
- Robust API library for real-time updates to product details
- Permission-based dashboard for risk management and customer servicing
- Supports various use cases including modern card issuing, virtual card disbursement, multi-currency cards, and business installments
- Integration with E6 Cloud for secure and compliant operations