Numeral
About Numeral
Numeral provides a cloud-native payment infrastructure that enables fintechs and banks to connect with partner banks and automate payment operations through a single API and dashboard. This platform addresses the complexity of bank integrations and payment processing, allowing users to efficiently manage multi-banking, direct debits, and reconciliations across various European payment schemes.
```xml <problem> Fintechs and banks face significant complexity when integrating with multiple partner banks and navigating diverse European payment schemes. Managing multi-banking, direct debits, and reconciliations across these systems can be inefficient and costly. </problem> <solution> Numeral, now a Mambu company, offers a cloud-native payment infrastructure designed to streamline payment operations for fintechs and banks. The platform provides a universal gateway to connect with partner banks and access various payment schemes through a single API and dashboard. Numeral automates payment processing and reconciliation, enabling users to efficiently manage multi-banking operations and direct debits across European payment systems. By abstracting the complexities of bank integrations and scheme compliance, Numeral allows financial institutions to focus on innovation and growth. The platform's capabilities include managed bank connectivity, processing orchestration, and an integration layer that connects internal systems to all banks through APIs and webhooks. </solution> <features> - Universal gateway for accessing European payment schemes and banks - Managed bank connectivity, handling technical maintenance, payment investigations, and scheme updates - Payment processing orchestration for building custom workflows tailored to specific compliance and business needs - Integration layer with APIs and webhooks for connecting internal systems to banks - Automated bank reconciliation across multiple banks - Support for SEPA, Bacs, and FPS payment schemes - Verification of Payee (VOP) sandbox for testing and compliance - Real-time payment processing capabilities </features> <target_audience> Numeral's primary customers are fintechs and banks seeking to streamline payment operations, reduce complexity, and accelerate growth across European markets. </target_audience> ```
What does Numeral do?
Numeral provides a cloud-native payment infrastructure that enables fintechs and banks to connect with partner banks and automate payment operations through a single API and dashboard. This platform addresses the complexity of bank integrations and payment processing, allowing users to efficiently manage multi-banking, direct debits, and reconciliations across various European payment schemes.
Where is Numeral located?
Numeral is based in France.
When was Numeral founded?
Numeral was founded in 2021.
How much funding has Numeral raised?
Numeral has raised 14700000.
- Location
- France
- Founded
- 2021
- Funding
- 14700000
- Employees
- 40 employees
- Major Investors
- Balderton Capital