ClickSWITCH
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $580k | Convertible | |
$3.5m | Series A | ||
$13.0m | Series B | ||
$2.0m Valuation: $65.0m | Series B | ||
N/A | Acquisition | ||
Total Funding | $19.1m |
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EditClickSWITCH is a Minneapolis-based company that provides an API-driven platform designed to capture direct deposits and recurring payments for financial institutions and Fintech companies. The platform supports a wide range of employers, from large traditional corporations to small local businesses, enabling seamless transitions of direct deposits and recurring payments. ClickSWITCH operates in the financial services market, primarily serving banks, credit unions, and other financial institutions. The business model revolves around offering its API as a service, allowing clients to integrate it into their systems at their own pace and within their user experience. ClickSWITCH generates revenue through subscription fees and service charges for using its platform. The company adheres to the highest security standards, including SSAE 16 SOC Type II certification, ensuring the safeguarding of confidential customer information. ClickSWITCH's mission is to empower consumer choice while enabling competitive and profitable financial institutions.
Keywords: API-driven, direct deposits, recurring payments, financial institutions, Fintech, seamless transitions, subscription fees, security standards, SSAE 16 SOC Type II, consumer choice.