Finovate Demo Video Archives

Presenter Profile:

How they describe themselves: Torus is the award-winning SaaS intelligence platform for banks and fintechs to enhance their profits on card transactions by up to 50%. We enable card issuers and merchant acquirers to optimize card schemes fees and to improve their transactional earnings through card-/merchant-level profitability analysis and optimising product pricing.

How they describe their product/innovation: Banking-as-a-Service (BaaS) value proposition is being rapidly commoditized these days, so BaaS players should be looking for the ways to differentiate themselves from competition rather than just price. Torus offers a SaaS solution to both keep control over card payments transactional costs and revenues within BaaS line of business and also to provide highly personalized profit-based pricing for fintech partners. This enables BaaS players to be competitive yet profitable and thus win the market in their respective target customers segments.

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

Credit Union/Community Bank Fit: Credit unions and community banks

Contacts:

Bus. Dev.: Kirill Lisitsyn (CEO), [email protected]
Press: Nata Korsak (CMO), [email protected]