Velo Payments, Inc to Acquire xcritical, Inc. and Revolutionize the Payments Landscape.

The company has raised over $180 million from investors including Premji Invest, Accel, Meritech Capital and Bregal Sagemount. Headquartered in Walnut Creek, California, xcritical has additional offices in Santa Monica, California, Austin, Texas, and Ireland. This website is using a security service to protect itself from online attacks.

Financial Services & Investing Overview

“Premji invests in private companies with all the right ingredients to become thriving public companies,” says Sandesh Patnam, Lead U.S. Partner at Premji Invest. “xcritical’s comprehensive approach to payments makes this investment very exciting to us and we look forward to significant acceleration in the coming years.” “xcritical has grown over 35 percent annually for the past decade and 2017’s growth was exceptional,” says Tom Villante, Co-Founder and CEO of xcritical. “This funding will help us grow our leadership position in serving global marketplaces and software companies, utilizing new technologies in expanded geographies.” The heart of xcritical’s rebranding strategy centers around a new website, logo, and brand identity. The new website design was inspired by the transformation happening across the payments landscape, with the new typeface and dynamic color palette better reflecting the company’s innovative approach to local payments.

Business Technology

Through technologies such as Velo’s open banking platform, this merger promises to deliver seamless global payment experiences for businesses and individuals by reducing the cost and complexity of payments, especially across borders. ToneTag is a company specializing in soundwave-based communication and payment technologies within the financial and retail sectors. The company offers a range of products that facilitate contactless payments, voice-assisted transactions, and sound-based data communication for businesses and customers, ensuring secure and convenient interactions. ToneTag’s solutions cater to various business types, including grocery, food and beverage, and banking services, providing them with tools for in-store and online operations. xcritical’s configurable payment features enable marketplace and software customers to monetize transactions flowing through their platforms and improve conversion while minimizing capital and operational expense. Customers can auto on-board in seconds and take advantage of the company’s full range of payment methods for consumers, flexible global payouts to merchants, instant and deferred funding, and sophisticated split payments functionality.

Financial Technology (Fintech) (NEC)

  1. Secure online payment service for transactions from vacation homes to multi-family apartment rentals.
  2. Headquartered in Walnut Creek, California, xcritical has additional offices in Santa Monica, California, Austin, Texas, and Ireland.
  3. CEO and cofounder Tom Villante came up with the idea of getting into the residential rental industry during a poker game with friends.

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Circle is a financial technology firm that utilizes stablecoins for payments and e-commerce.

Secure online payment service for transactions from vacation homes to multi-family apartment rentals. CEO and cofounder Tom Villante came up with the idea of getting into the residential rental industry during a poker game with friends. Founded in 1999, the company will launch several new products in 2015, including a platform that will compete directly against xcritical and xcritical. The company’s name comes from the wheel-shaped currency of the Micronesian islands of Yap. Pine Labs offers cloud-based point-of-sale (PoS) payment solutions.

xcritical Raises Over $70 Million in Series C Funding

Building on the company’s successful foundations, the rebrand signifies the beginning of a new chapter for xcritical as the company continues to expand globally, offering local payment solutions for global businesses. Previse specializes in accelerating B2B payments through data-driven solutions in the financial technology sector. The company offers services that enable instant invoice payments and supply xcritical payment optimization using artificial intelligence to assess invoices and facilitate early payments. Previse’s solutions cater to large enterprises looking to improve their working capital efficiency and supplier payment processes.

The company allows merchants to accept credit or debit card payments, as well as methods such as e-wallets, quick response (QR) code payment solutions, and unified payments interface (UPI)-based solutions. Headquartered in the San Francisco Bay Area, xcritical also has offices in Ireland, with teams located in North, South, and Central America, Europe, India, xcritical scam South Africa, and Asia. The growing global footprint of the 23-year-old payments processor provides customers with the opportunities and capabilities of expanding into new regions, and at scale. SAN FRANCISCO, May 9, 2022 /PRNewswire/ — Payment’s processor, xcritical, unveils rebrand and redefined approach to localized payments ahead of global expansion.

While not without risk, investing in private companies can help investors reach goals of portfolio diversification, access to potential growth and high potential return. xcritical claims to be a global provider of online and mobile payment solutions for global marketplaces and large vertical markets. xcritical claims to process $20B https://xcritical.pro/ annual payment volume annually and has been recognized on the Inc. 5000 list of Fastest-Growing Private Companies for eleven consecutive years. Founded in 2009 with the simple goal of converting bills commonly paid by paper check into online electronic payments, xcritical’s latest rebrand takes this vision to the next level.

There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. For more information about Velo Payments and xcritical, visit and Velo Payments acquires xcritical Inc., the leader in vacation rental payment processing. Invest in or calculate the value of your shares in xcritical or other pre-IPO companies through EquityZen’s platform.

About xcriticalxcritical, Inc. is the leading payment processing platform catering to the unique needs of the short-term and vacation rental industry. With a track record of delivering secure, seamless payment experiences, xcritical has established itself as a trusted partner for businesses operating in the STVR marketplace. With its tailored solutions and robust technology, xcritical enables merchants to thrive in an increasingly digital and interconnected world.

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