Pay Tic

Pay Tic

Offers program management solutions that help banks, credit unions, and fintech companies manage chargebacks, frauds, KYC/CDD, reconciliation, AML, and more.

HQ location
Charlottetown, Canada
Launch date
Employees
Enterprise value
$17—25m
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DateInvestorsAmountRound
investor investor investor investor

€0.0

round
investor

€0.0

round
*

CAD5.7m

Seed
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-373 %
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

More about Pay Tic
Made with AI
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PayTic offers a comprehensive SaaS solution designed to streamline banking data management, reporting, and compliance for businesses. Operating in the financial services sector, PayTic serves companies that require efficient handling of their card programs and back-office operations. The platform's business model revolves around providing a subscription-based service that automates complex processes, allowing clients to focus on growth. PayTic's key features include a Risk Compliance Module, automated dispute management, and fraud detection using machine learning and customizable business rules. The solution simplifies regulatory compliance and chargeback processes, ensuring ease of mind for businesses and their cardholders. By flagging potential chargebacks and fraudulent transactions in real-time, PayTic helps clients mitigate risks and maintain operational efficiency. Keywords: SaaS, banking, compliance, fraud detection, chargebacks, machine learning, reporting, card programs, risk management, automation.

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