💰 Fresh Funding for Revenew
Revenew, a fintech startup founded by former Checkout.com executives Nicholas Thomson and Ben Foster, secured $4.5M in a seed round. The investment was led by Fika Ventures, with additional backing from Dash Fund and TTV Capital. This new funding helps Revenew transition out of stealth mode and aims to revolutionize how platform businesses manage their payments and margins.
🛠️ What Revenew Does
Revenew provides platform businesses with tools to streamline payments, optimize margins, and manage operations. Their flagship product, Clarity, offers insights into payment operations and is available for free. The company targets complex business models like Amazon and Airbnb, helping them improve customer experience and drive growth. Their tools provide detailed insights into payment profitability and help eliminate loss-making transactions.
🌍 Global Presence and Vision
Founded by Nicholas Thomson and Ben Foster, Revenew operates globally with teams in the UK, Germany, and Amsterdam. Their mission is to empower platform businesses by providing clarity and control over their payments. They work alongside existing payment service providers to establish profitable revenue streams and unlock new business opportunities. By offering a visibility-first approach, Revenew aims to redefine industry standards and fuel the growth of the platform economy.
🎯 Investor Confidence
TX Zhou, General Partner at Fika Ventures, expressed strong confidence in Revenew’s potential, stating, “Revenew isn’t just another market player—they’re revolutionizing platform businesses.” The backing from Fika Ventures highlights the belief in Revenew’s innovative approach to managing payments and platform operations. With this fresh capital, Revenew is set to turbocharge its growth and continue reshaping the future of platform businesses.
Will Revenew transform the platform payment landscape?
