Productfy

Productfy

A secure and advanced platform for building financial applications. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$64—96m (Dealroom.co estimates Oct 2021.)
San Jose California (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2019202020222023
Revenues<1m<1m3.8m3.8m
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DateInvestorsAmountRound
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N/A

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N/A

Seed
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Early VC

$2.4m

Seed
N/A

$16.0m

Valuation: $60.0m

Early VC

$16.0m

Series A
Total Funding$34.4m

Recent News about Productfy

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More about Productfyinfo icon
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Productfy operates in the financial technology (FinTech) sector, providing a developer-first platform designed to enable companies to quickly build, test, and launch financial products. The company serves a diverse range of clients, including startups and established businesses looking to introduce financial services such as payments, deposits, and card issuance. Productfy's market includes financial institutions, tech companies, and other businesses aiming to integrate financial services into their offerings.

The business model revolves around offering embeddable modules that clients can use to create customized financial products. These modules are backed by a unified due diligence system and a flexible general ledger, ensuring regulatory compliance and operational efficiency. Productfy makes money through a combination of subscription fees, usage-based charges, and possibly transaction fees, depending on the specific services utilized by their clients.

The platform's key features include flexible APIs, dedicated program support, and a comprehensive general ledger system. These features help clients navigate the complex regulatory landscape and expedite their product development roadmaps. By reducing the friction associated with launching financial products, Productfy enables its partners to bring their offerings to market more quickly and efficiently.

Keywords: FinTech, developer-first platform, financial products, payments, deposits, card issuance, APIs, regulatory compliance, general ledger, innovation, embeddable modules.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.