Fabrick
Founded Year
2018Stage
Series A | AliveTotal Raised
$42.76MLast Raised
$42.76M | 1 yr agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+7 points in the past 30 days
About Fabrick
Fabrick is a open finance platform. The company offers payment solutions that enable and foster a fruitful exchange between players that discover, collaborate, and create solutions for end customers. Fabrick was founded in 2018 and is based in Biella, Italy.
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Fabrick's Product Videos
Fabrick's Products & Differentiators
Fabrick PASS
PSD2 solution with automated onboarding process, SCA, AML (easy and secure) and account aggregation.
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Expert Collections containing Fabrick
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Fabrick is included in 3 Expert Collections, including Digital Banking.
Digital Banking
108 items
The open banking ecosystem is facilitated by three main categories of startups including those focused on banking-as-a-service, core banking, and open banking startups (i.e. data aggregators, 3rd party providers). These are primarily B2B companies, though some are also B2C.
Payments
3,033 items
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Fintech
13,396 items
Excludes US-based companies
Latest Fabrick News
Jul 31, 2024
Shift4 partners with Fabrick Wednesday 31 July 2024 10:05 CET | News Shift4 Payments has announced partnership with Fabrick to offer the latter’s Embedded Finance and Payments Orchestration services to merchants in Europe. According to the announcement, the agreement allows Fabrick to utilise Shift4’s principal-member license in the European Union to offer payment acceptance services to merchants. This deal also expands Shift4’s reach in Europe, following its acquisition of Finaro, an ecommerce payments specialist, in October of 2023. Additionally, Shift4 enhanced its presence in the region by acquiring a majority stake in Vectron Systems AG, a German processor for in-person card transactions. Officials from Shift4 commented that this partnership with Fabrick demonstrates the company's dedication to creating a more equitable payment processing landscape. Recent updates from Shift4 In July 2024, Shift4 partnered with Phos by Ingenico with the aim of bolstering the latter's acquiring capabilities and expand adoption of its SoftPOS solution for merchant customers across Europe. The partnership was set to provide Phos merchants with access to Shift4’s global acquiring services and payment processing capabilities through Phos’ solution, which turns any mobile device into a payment terminal. Additionally, it enables them to accept and process payments using global card schemes and digital wallets, such as Apple Pay, Google Pay, PayPal, and Samsung Pay in real time. In June 2024, Shift4 acquired a majority stake in Vectron Systems AG, a large European supplier of POS systems to the restaurant and hospitality verticals. Based in Germany, Vectron has about 65,000 POS locations across Europe, representing EUR 25 billion in volume opportunity with minimal payment monetisation, according to the official press release. Shift4 was expected to acquire additional ownership of Vectron through a public tender offer that is expected to conclude in 2024, with a de-listing and formal integration process to occur shortly after.
Fabrick Frequently Asked Questions (FAQ)
When was Fabrick founded?
Fabrick was founded in 2018.
Where is Fabrick's headquarters?
Fabrick's headquarters is located at Piazza Gaudenzio Sella, 1, Biella.
What is Fabrick's latest funding round?
Fabrick's latest funding round is Series A.
How much did Fabrick raise?
Fabrick raised a total of $42.76M.
Who are the investors of Fabrick?
Investors of Fabrick include Mastercard, Reale Group and Banca Sella.
Who are Fabrick's competitors?
Competitors of Fabrick include Bud, Here, Salv, Meniga, Railsr and 7 more.
What products does Fabrick offer?
Fabrick's products include Fabrick PASS and 4 more.
Who are Fabrick's customers?
Customers of Fabrick include Q8, Illimity, Yoox and Hype.
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Compare Fabrick to Competitors
TrueLayer provides an open banking platform, specializing in the financial technology sector. The company provides solutions for instant bank payments, verified payouts, and streamlined user onboarding, leveraging real-time financial and identity data. TrueLayer primarily serves businesses in the ecommerce, iGaming, financial services, and cryptocurrency sectors. TrueLayer was formerly known as Finport. It was founded in 2016 and is based in London, England.
Leveris has developed an end-to-end platform to allow financial institutions and fintech startups such as digital-only banks or challenger banks to run their services.
Here engages in enterprise productivity through its specialized browser technology within the technology sector. It offers an enterprise browser that aims to improve productivity and security for various work applications, without the need for technical knowledge. It primarily serves sectors such as the financial services industry, government agencies, and contact centers, providing tailored solutions for workflow and operational automation. It was formerly known as OpenFin and changed its name to Here in June 2024. The company was founded in 2010 and is based in New York, New York.
Meniga specializes in digital banking solutions within the financial technology sector. The company offers a suite of products that enhance digital banking experiences by leveraging data consolidation, customer engagement, and revenue generation strategies. Meniga primarily serves financial institutions looking to improve their digital services. It was founded in 2009 and is based in London, United Kingdom.
Teller is a company that focuses on providing API solutions for bank accounts in the financial technology sector. Their main service involves offering an easy-to-use API that allows users to connect their bank accounts to applications, enabling account verification, money transfers, payments, and transaction viewing. The company primarily serves the financial technology industry. It was founded in 2014 and is based in London, England.
Yapily is an open banking infrastructure platform that specializes in providing secure connectivity between customers and banks across Europe. The company offers services that enable access to financial data and the initiation of payments, aiming to facilitate the creation of personalized financial experiences. Yapily primarily serves industries such as payment services, i-gaming, accounting, lending and credit, crypto, property technology (PropTech), investing, and digital banking. Yapily was formerly known as Acacia Connect. It was founded in 2017 and is based in London, United Kingdom.
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