Rvvup provides a customizable payment integration platform that supports various payment methods, including cards, digital wallets, and open banking, enabling B2B businesses to manage their payment and invoicing processes within a single interface. The solution reduces transaction fees and accelerates payment processing, allowing businesses to receive funds in real time while automating order management and reconciliation.
Funding
$10M 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 B2B businesses face challenges in managing diverse payment methods and invoicing processes, leading to increased transaction fees, delayed payment processing, and complex reconciliation workflows. Integrating multiple payment gateways and systems can be cumbersome and costly.
Solution
Rvvup offers a unified payment integration platform designed to streamline payment and invoicing for B2B businesses. The platform supports a wide array of payment methods, including cards, digital wallets like Apple Pay and PayPal, Buy Now Pay Later (BNPL) options, open banking, and even cryptocurrency, all within a single interface. Rvvup's solution aims to reduce transaction fees by up to 80% through methods like Pay by Bank, accelerate payment processing with features like instant refunds and same-day payouts, and automate order management and reconciliation. Businesses can customize the payment method arrangement to optimize for conversion and cost, and also brand the checkout experience to build trust with customers. Rvvup also provides payment links that can be shared via email, SMS, or WhatsApp, enabling customers to pay from anywhere.
Target Audience
Rvvup primarily targets B2B businesses looking to streamline their payment processes, reduce transaction costs, and improve the customer payment experience.
Features
- Support for multiple payment methods: cards, digital wallets (Apple Pay, Google Pay, PayPal), BNPL, open banking, and crypto
- Native A2A (account-to-account) open banking solution for faster and cheaper transactions
- Customizable checkout with branding options (logo, colors, fonts) to match the business's brand identity
- Payment Links for easy payment collection via email, SMS, WhatsApp, or QR codes
- Automated invoicing and reconciliation to streamline financial operations
- Integration with Xero accounting software for seamless invoice payments and financial management
- Real-time payment notifications and order management system updates
- AI-driven insights to optimize payment method placement for increased conversion and reduced fees
- Robust API for custom platform integrations
- PCI-DSS compliance, GDPR compliance, ISO 27001 certification, and CyberEssentials Plus certification