Commerce Ventures

Cardless is a company that offers a platform designed to facilitate integrated credit card experiences for businesses and their customers. Through its services, Cardless enables businesses to launch and manage credit card applications while providing essential features such as application processing, customer support, and account management. The platform allows users to track purchases, make payments, and select rewards, thereby enhancing customer engagement. Additionally, Cardless empowers brands to reward their loyal customers with points redeemable for experiences, merchandise, and exclusive offers, ultimately helping clients manage their financial accounts effectively.

Diesta is a company focused on developing payment software specifically for the insurance industry. Its solutions aim to modernize the flow of funds by automating the reconciliation and distribution of insurance payments. The software integrates internal systems with external partners onto a unified financial ledger, ensuring efficient processing of insurance premiums. This innovation allows clients in the insurance sector to achieve greater transparency, reduce administrative costs, and facilitate quicker payments, ultimately enhancing their revenue potential.

Tabs is an AI-driven revenue automation platform founded in 2023 and based in New York, New York. The company specializes in streamlining the administration of customer contracts, billing, revenue recognition, renewals, and audits. Tabs ingests a variety of customer documents and usage data to automatically identify key contractual terms, generate billing schedules, and produce invoices. It supports diverse pricing models without requiring structured data mapping. The platform facilitates seamless invoice delivery, modern dunning processes, and cash application, all while integrating with tax providers and major accounting systems. With advanced analytics and reporting, Tabs enhances financial operations by saving businesses hundreds of hours annually and significantly reducing the average time to collect payments. CFOs recognize Tabs as a pivotal tool in managing revenue automation, akin to other well-known platforms in the business automation space.

Clara is a spending management platform designed for companies operating in Latin America. It offers a comprehensive suite of financial tools, including locally-issued corporate cards, Bill Pay, and financing solutions, all integrated within its software platform. This end-to-end solution aims to simplify and automate corporate expense management, allowing businesses to streamline expense reporting, gain real-time insights into spending, and better control their budgets. By enabling companies to operate with agility and financial clarity, Clara seeks to enhance the economic competitiveness of the region. The company is supported by a range of global and regional investors, reflecting its potential impact on business finances in Latin America.

Moov Financial, Inc. is a financial technology company that specializes in developing an open-source platform designed to embed banking services within various applications. Established in 2017 and headquartered in Cedar Falls, Iowa, Moov is focused on rebuilding banking infrastructure for a cloud-native environment, free from legacy technology constraints. The platform offers a developer-friendly approach, allowing for customization and portability across cloud providers or on-premises environments. Moov's services include ACH processing, customer accounts, KYC and OFAC compliance, wire transfers, and image cash letters. By providing a modular and decoupled banking-as-a-service solution, Moov enables organizations to integrate transactional banking capabilities seamlessly into their software, thereby enhancing user experiences and simplifying money management.

Duplo is a financial technology company focused on providing embedded payment solutions for business-to-business enterprises in Africa. The company offers a platform that includes APIs and user interfaces, allowing businesses to automate payment inflows, reconcile transactions at scale, and execute mass payouts efficiently. Duplo's services enable businesses to seamlessly collect and attribute cashless payments while managing their payment operations effectively. In addition to these core functionalities, Duplo also facilitates the provision of financial services to the customers of its client businesses.

Fidel API is a financial infrastructure platform that allows developers to create programmable experiences during transaction events on payment cards. Established in 2018 and headquartered in London, with additional offices in Lisbon and New York, Fidel API provides tools that enhance interactions between merchants and consumers by facilitating real-time, event-driven engagements. The platform is designed to integrate seamlessly with major payment networks, such as Visa and Mastercard, to deliver detailed transaction data, including amount, location, date, and merchant. This capability supports improved marketing strategies and customer engagement through tailored loyalty and rewards programs, as well as streamlined processes for reimbursements and expense management. The company serves a diverse clientele, ranging from startups to large enterprises, and has established partnerships with prominent firms across various sectors.

CARD91 is a provider of payment infrastructure designed to facilitate the issuance and management of payment instruments for businesses, banks, and financial institutions. The company's platform allows clients to easily control, view, and approve transactions, streamlining the payment process from customer onboarding through to transaction processing and data reconciliation. By offering a fully integrated and personalized financial ecosystem, CARD91 empowers organizations to launch co-branded cards and manage payment flows effectively. The platform enhances decision-making capabilities and transaction oversight, enabling clients to respond swiftly to financial needs while optimizing wealth management outcomes.

Interchecks Technologies, Inc., established in 2016, operates an online platform specializing in managing payouts. Headquartered in Boca Raton, Florida, with an additional office in Brooklyn, New York, the company offers on-demand payout options such as instant deposit, direct deposit, digital check, and paper check. Interchecks simplifies and enhances payments and 1099 compliance for organizations worldwide, serving fintechs, enterprises, and marketplace platforms. Its services are accessible via a turnkey Payer Portal or a simple API integration, which can be white-labeled and integrated into a payer's own user experience.

Resolve operates a B2B payments platform that facilitates 'buy now, pay later' transactions for business purchases. It enables merchants to offer risk-free, extended payment terms to their clients, thereby enhancing sales and cash flow. Resolve serves manufacturers, wholesalers, and distributors across various sales channels, including e-commerce checkouts. The company's platform uses non-traditional underwriting data to authorize delayed payments, assuming all repayment risks within the credit period. Backed by prominent investors such as PayPal co-founder Max Levchin, Resolve aims to bridge the gap between buyers and sellers in the B2B sector.

Udhaar Book is a developer of a digital ledger application designed to assist small businesses in managing their financial records. The platform provides an online ledger that enables users to track outstanding debts and maintain accounts with customers and suppliers. It features tools for recording financial transactions and sending automated reminders to customers, which helps improve collection rates and enhance cash flow. By simplifying the management of credit, Udhaar Book aims to facilitate hassle-free financial operations for small businesses.

Lithic is a developer of a card issuing platform that focuses on enhancing the safety and privacy of online transactions for both consumers and businesses. By utilizing virtual cards, Lithic enables users to create payment methods that allow for better control over spending while safeguarding sensitive financial information. The platform is designed to provide a convenient alternative to traditional credit cards, ensuring that users can transact securely without compromising their privacy.

Moov Financial, Inc. is a financial technology company that specializes in developing an open-source platform designed to embed banking services within various applications. Established in 2017 and headquartered in Cedar Falls, Iowa, Moov is focused on rebuilding banking infrastructure for a cloud-native environment, free from legacy technology constraints. The platform offers a developer-friendly approach, allowing for customization and portability across cloud providers or on-premises environments. Moov's services include ACH processing, customer accounts, KYC and OFAC compliance, wire transfers, and image cash letters. By providing a modular and decoupled banking-as-a-service solution, Moov enables organizations to integrate transactional banking capabilities seamlessly into their software, thereby enhancing user experiences and simplifying money management.

HMBradley is a financial technology company that has developed a digital banking platform aimed at savers. Founded in 2019 and headquartered in Santa Monica, California, the platform promotes sound financial habits by rewarding users, regardless of their income level. It offers a range of digital banking services, including instant credit card issuance and accessible banking facilities through a smartphone application. The company emphasizes data security and compliance, regularly conducting audits to ensure the protection of users' financial information. HMBradley seeks to make personal finance more rewarding by simplifying the management of money and enhancing the overall banking experience.

Moov Financial, Inc. is a financial technology company that specializes in developing an open-source platform designed to embed banking services within various applications. Established in 2017 and headquartered in Cedar Falls, Iowa, Moov is focused on rebuilding banking infrastructure for a cloud-native environment, free from legacy technology constraints. The platform offers a developer-friendly approach, allowing for customization and portability across cloud providers or on-premises environments. Moov's services include ACH processing, customer accounts, KYC and OFAC compliance, wire transfers, and image cash letters. By providing a modular and decoupled banking-as-a-service solution, Moov enables organizations to integrate transactional banking capabilities seamlessly into their software, thereby enhancing user experiences and simplifying money management.

Grow Credit is a financial technology company founded in 2018 and based in Santa Monica, California. It provides a unique credit-building platform that allows consumers with no credit or thin credit files to establish or enhance their credit scores at no cost. By leveraging existing subscription accounts, such as Netflix, Disney Plus, and Spotify, as well as cell phone bills, Grow Credit enables users to build their credit profiles. The platform extends loans to cover subscription services and utilizes a virtual Mastercard for online payments. Additionally, Grow Credit offers premium plans that provide users with larger card limits and enhanced features, facilitating access to a broader range of financial services while helping cardholders improve their creditworthiness.

Paystand, Inc. is a technology company founded in 2013 and based in Scotts Valley, California. It operates an electronic payment portal that facilitates online payments for businesses, allowing them to establish storefronts on their websites and social media platforms. The company aims to transform B2B payments by leveraging blockchain and cloud technology to offer Payments-as-a-Service. Its software digitizes receivables and automates payment processing, reducing time-to-cash and eliminating transaction fees. This innovative approach helps businesses streamline their cash management processes and unlock new revenue opportunities while contributing to a more open financial system.

Fidel API is a financial infrastructure platform that allows developers to create programmable experiences during transaction events on payment cards. Established in 2018 and headquartered in London, with additional offices in Lisbon and New York, Fidel API provides tools that enhance interactions between merchants and consumers by facilitating real-time, event-driven engagements. The platform is designed to integrate seamlessly with major payment networks, such as Visa and Mastercard, to deliver detailed transaction data, including amount, location, date, and merchant. This capability supports improved marketing strategies and customer engagement through tailored loyalty and rewards programs, as well as streamlined processes for reimbursements and expense management. The company serves a diverse clientele, ranging from startups to large enterprises, and has established partnerships with prominent firms across various sectors.

Baton Systems Inc., established in 2015 with headquarters in Fremont, California, specializes in developing an on-demand platform for clearing, settling, and managing financial transactions. This platform enhances efficiency within the payments infrastructure across capital markets, serving global banks, custodian banks, and exchanges. The company operates under the name Baton Systems since its founding, having previously been known as Ubixi, Inc.

BillGO is a fintech company that provides a comprehensive bill management and payments platform aimed at improving the consumer experience in managing financial obligations. The platform addresses the challenges of a decentralized bill payment system by enabling users to view, manage, and pay their bills from a single, consolidated location in real time. It offers features such as bill reminders and flexible payment options, which empower consumers to meet their financial commitments more efficiently. By partnering with financial institutions, fintechs, and billers, BillGO enhances the ability of these organizations to engage with their customers through a secure and user-friendly online payment system. This innovative approach not only facilitates easier bill payment but also contributes to improving overall financial wellness for users.

Resolve operates a B2B payments platform that facilitates 'buy now, pay later' transactions for business purchases. It enables merchants to offer risk-free, extended payment terms to their clients, thereby enhancing sales and cash flow. Resolve serves manufacturers, wholesalers, and distributors across various sales channels, including e-commerce checkouts. The company's platform uses non-traditional underwriting data to authorize delayed payments, assuming all repayment risks within the credit period. Backed by prominent investors such as PayPal co-founder Max Levchin, Resolve aims to bridge the gap between buyers and sellers in the B2B sector.

Marqeta operates a modern card issuing and payment processing platform that enables businesses to create customized payment solutions using open APIs. Founded in 2010 and headquartered in Oakland, California, with an additional office in London, Marqeta's platform allows users to build, issue, and manage digital, physical, and tokenized payment cards. The company provides a range of services including virtual cards, real-time fund transfers, spend controls, and data analytics solutions. Marqeta serves various industries such as e-commerce, lending, on-demand services, and digital banking by offering flexible and scalable payment infrastructure. It is certified to operate in 40 countries globally.

Marqeta operates a modern card issuing and payment processing platform that enables businesses to create customized payment solutions using open APIs. Founded in 2010 and headquartered in Oakland, California, with an additional office in London, Marqeta's platform allows users to build, issue, and manage digital, physical, and tokenized payment cards. The company provides a range of services including virtual cards, real-time fund transfers, spend controls, and data analytics solutions. Marqeta serves various industries such as e-commerce, lending, on-demand services, and digital banking by offering flexible and scalable payment infrastructure. It is certified to operate in 40 countries globally.

Bill.com Holdings, Inc. is a provider of cloud-based software that automates and simplifies back-office financial operations for small and midsize businesses globally. The company's platform leverages artificial intelligence to enhance financial management, enabling businesses to automate accounts payable and receivable transactions. Bill.com facilitates connections between businesses and their suppliers or customers, helping to streamline cash flow management and improve operational efficiency. In addition to its core software offerings, the company provides onboarding support, ongoing training, and customer service. Bill.com collaborates with major financial institutions and accounting firms, and is recognized for its commitment to innovation and excellence, having received numerous awards for workplace culture and leadership. Founded in 2006, the company is headquartered in Palo Alto, California.

Bitnet is a company that specializes in providing a digital commerce platform designed for enterprise-scale merchants to accept bitcoin payments. With a focus on online payment solutions, Bitnet's team comprises professionals with extensive experience in engineering, product development, and business management. The company is recognized for its significant contributions to the development and management of CyberSource, one of the largest payment gateways in the world, which was acquired by Visa for $2 billion in 2010. By facilitating bitcoin transactions, Bitnet aims to enhance the payment capabilities of large merchants and integrate cryptocurrency into mainstream commerce.

Bitnet is a company that specializes in providing a digital commerce platform designed for enterprise-scale merchants to accept bitcoin payments. With a focus on online payment solutions, Bitnet's team comprises professionals with extensive experience in engineering, product development, and business management. The company is recognized for its significant contributions to the development and management of CyberSource, one of the largest payment gateways in the world, which was acquired by Visa for $2 billion in 2010. By facilitating bitcoin transactions, Bitnet aims to enhance the payment capabilities of large merchants and integrate cryptocurrency into mainstream commerce.

Bill.com Holdings, Inc. is a provider of cloud-based software that automates and simplifies back-office financial operations for small and midsize businesses globally. The company's platform leverages artificial intelligence to enhance financial management, enabling businesses to automate accounts payable and receivable transactions. Bill.com facilitates connections between businesses and their suppliers or customers, helping to streamline cash flow management and improve operational efficiency. In addition to its core software offerings, the company provides onboarding support, ongoing training, and customer service. Bill.com collaborates with major financial institutions and accounting firms, and is recognized for its commitment to innovation and excellence, having received numerous awards for workplace culture and leadership. Founded in 2006, the company is headquartered in Palo Alto, California.

Marqeta operates a modern card issuing and payment processing platform that enables businesses to create customized payment solutions using open APIs. Founded in 2010 and headquartered in Oakland, California, with an additional office in London, Marqeta's platform allows users to build, issue, and manage digital, physical, and tokenized payment cards. The company provides a range of services including virtual cards, real-time fund transfers, spend controls, and data analytics solutions. Marqeta serves various industries such as e-commerce, lending, on-demand services, and digital banking by offering flexible and scalable payment infrastructure. It is certified to operate in 40 countries globally.

Conduit is a financial technology company that specializes in enhancing cross-border payment solutions for global businesses. Its platform simplifies and accelerates the process of moving money between USD and various local currencies in Latin America, offering improved transparency and efficiency compared to traditional payment systems. By providing a user-friendly dashboard, Conduit enables teams to manage payments with greater visibility and speed, facilitating same-day transactions and seamless commercial exchanges. The company's focus on streamlining B2B payments and invoice settlements positions it as a key player in maximizing financial opportunities within emerging markets.