Twisp provides core financial infrastructure components, including a programmable ledger, ACH processor, and card processor, allowing engineers to build complex financial systems. Their platform offers layered accounting, cryptographic integrity, and interactive transactions for high control over the system of record. The modular building blocks simplify handling payment complexities like NACHA compliance and the full card lifecycle through simple API integrations.
Funding
$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
Building financial products requires managing complex credit and debit transactions, balances, and reconciliation processes, which can be challenging and time-consuming for developers. Maintaining an accurate internal source-of-truth for financial operations is also critical but difficult to achieve.
Solution
Twisp offers a cloud-native financial database with secure ledgers and accounting primitives, enabling developers to build scalable financial products more efficiently. The platform provides out-of-the-box accounting abstractions for card processing, money movement, FBOs, foreign exchange, and brokerage accounting. It also includes a financial workflow library to build payment flows, processor integrations, direct-to-bank treasury services, ACH processing, and cash and data reconciliation processes. Twisp's cloud-native immutable ledger features fine-grained security controls, horizontal scaling, multi-tenancy support, and materialized balance calculations.
Target Audience
Twisp is designed for developers and infrastructure teams building financial products who need a reliable and scalable accounting engine.
Features
- Cloud-native immutable ledger with fine-grained security controls
- Horizontal scaling and multi-tenancy support
- Materialized balance calculations
- Pre-built templates for card processing, money movement, and FBO accounts
- Support for brokerage systems with custom positions and currency balances
- Velocity controls defined on any ledger dimension, calculated in real time
- Reconciliation tooling for managing exception journals
- Partner integrations and workflows for common payment protocols (e.g., ACH, RTP)