Vyne

Vyne

A full-stack account-to-account payment solution for merchants. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$62—93m (Dealroom.co estimates Sep 2021.)
Company register number 11872778
London England (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023
Revenues<1m1.3m6.8m6.8m
% growth-327 %427 %-
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Recent News about Vyne

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More about Vyneinfo icon
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PayVyne is a fintech startup that operates in the online payments industry, with a particular focus on the gaming sector. Their primary service is to facilitate instant payouts, settlements, and refunds, enhancing the gaming experience for users. Customers can withdraw their money and receive it in seconds, which increases customer satisfaction and retention.

PayVyne's business model is designed to help businesses maximize growth and adoption by providing seamless payment experiences. They offer a full end-to-end service, eliminating high-cost intermediaries to boost conversion rates and drive revenue. Their experts handle the integration process, which can be completed in as little as two days. This allows businesses to save up to 80% on transaction fees, thereby increasing profitability.

The company also offers a range of bespoke payment solutions, from desktop to mobile, QR codes to offline, and one-off to installment payment links. This versatility caters to a wide range of customer preferences and needs, further enhancing the user experience.

PayVyne's service is also designed to reduce fraud and high-cost fees associated with card transactions. They offer a cardless payment method, which not only improves the bottom line for businesses but also attracts more customers with the option of seamless installments.

The company boasts a 99% coverage rate in the UK and 95% in Europe, demonstrating a wide reach and high reliability. They are also building a partner community, allowing businesses to add Vyne Pay with bank to their checkout process, bypassing high-cost card fees.

Keywords: Fintech, Online Payments, Gaming Industry, Instant Payouts, Seamless Experiences, Transaction Fees Reduction, End-to-End Service, Bespoke Payment Solutions, Cardless Payments, Partner Community.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.