HUBUC P1 is a cloud-native platform that enables rapid issuance and processing of debit, credit, and prepaid cards, facilitating real-time transaction authorization with industry-leading availability. It addresses the need for businesses to quickly launch customized financial products and manage spending controls without pre-funding requirements, enhancing operational efficiency in a competitive market.
Funding
$10.5M 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.
F+2Founders
Product
Problem
Many businesses face challenges in efficiently issuing and managing debit, credit, and prepaid cards, often encountering delays in launching customized financial products. Traditional card issuance processes can be complex, requiring significant time and resources, hindering businesses' ability to quickly adapt to market changes and customer needs.
Solution
HUBUC P1 is a cloud-native platform designed to streamline the issuance and processing of debit, credit, and prepaid cards, enabling businesses to launch customized financial products rapidly. The platform facilitates real-time transaction authorization with high availability, ensuring smooth and reliable payment processing. By connecting client account balances directly to Mastercard's network, HUBUC eliminates pre-funding requirements and provides dynamic spend controls per MCC, MID, customer, and card. Its robust cloud-based architecture and ISO switch infrastructure enhance reliability, while its clearing and settlement reporting, delivered through API in JSON or raw formats, simplifies reconciliation.
Target Audience
The primary target audience includes fintech companies, B2B SaaS providers, travel agencies (OTAs), and corporations seeking to launch and manage customized card programs for various use cases, such as corporate expenses, employee benefits, and virtual travel cards.
Features
- Single and dual message authorizations for debit, pre-paid, and credit card processing
- Zero-balance network integration, connecting client account balances to Mastercard's network
- Dynamic spend controls per MCC, MID, customer, and card
- Secure and compliant processing supporting 3D Secure, PCI DSS V3.2.1, and SCA
- Robust cloud-based architecture with high-end ISO switch infrastructure for online authorization/reversal
- Clearing & settlement reporting delivered through API in JSON or raw formats
- Instant issuing support for physical and virtual cards with Apple Pay integration
- Cutting-edge innovation & security with Dynamic CVV
- Multi-currency cards for FX optimization
- Real-time Streaming Auth (RTSA) to unblock liquidity