FinovateEurope 2024 / Torus

Presenter Profile:

How they describe themselves: Torus is a SaaS intelligence platform for payment providers and banks designed to boost their profits on card transactions. Torus helps card issuers and acquirers pay fewer fees to Visa and Mastercard by better analysing their billing data and earn more per transaction by running card-/merchant-level profitability analysis and optimising product pricing.

How they describe their product/innovation: The acquiring profitability module of the Torus Analytics Platform allows acquirers to manage merchant-level profitability, identify profitability leaks, and optimise product pricing to fix them. Torus empowers acquirers to be competitive yet profitable by improving their profitability by 15-40% and providing the highest accuracy of IC++ pricing.

Product distribution strategy: Direct to Business (B2B), Through other fintech companies and platforms

Credit Union/Community Bank Fit: Credit Unions, Community Banks

Contacts:

Bus. Dev. & Press: Kirill Lisitsyn (CEO), kirill@torusadvisors.com, 35799068659


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