Productfy
Founded Year
2018Stage
Series A | AliveTotal Raised
$18.35MLast Raised
$16M | 3 yrs agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-114 points in the past 30 days
About Productfy
Productfy is a platform specializing in the embedding of financial products within various business sectors. The company offers a suite of services including branded card programs, digital banking solutions, secured charge card issuance, and disbursement mechanisms, all designed to be integrated seamlessly into clients' applications. Productfy primarily serves sectors such as community banks, credit unions, real estate, financial services, and insurance. It was founded in 2018 and is based in San Jose, California.
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Productfy's Product Videos
ESPs containing Productfy
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The modern card issuing market offers embedded credit card issuing solutions. By leveraging APIs and cloud infrastructure, companies can quickly issue customizable payment cards, enabling integration with digital platforms and services. These platforms cater to a wide range of industries, from fintech startups to established enterprises, and enable companies to enhance customer engagement, streaml…
Productfy named as Challenger among 11 other companies, including Fiserv, FIS, and Solaris.
Productfy's Products & Differentiators
Money Movement
Productfy provides payment rails to facilitate debit and credit payments for any non-bank company or organization in the U.S.
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Research containing Productfy
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Productfy in 2 CB Insights research briefs, most recently on Jan 4, 2024.
Jan 4, 2024
The core banking automation market map
Expert Collections containing Productfy
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Productfy is included in 2 Expert Collections, including Fintech.
Fintech
9,297 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
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.
Latest Productfy News
Feb 2, 2024
Posted on According to the latest research report titled, “ Fintech Market (2024 – 2029) ” by Mordor Intelligence, the fintech market is estimated at USD 228.24 billion in 2024 and growing at a CAGR of 11.72% during the forecasted period. FinTech (Financial Technology) has become a prominent term within the financial market. It encompasses computer programs and other modern technologies utilized by businesses to offer automated and enhanced financial services. Over time, the fintech industry has undergone significant evolution, prompting companies to shift towards customer-centric models. Consequently, establishing a foothold amidst a diverse array of entities, spanning from startups to tech giants to established firms worldwide, presents a formidable challenge. Financial services and technology companies have adopted both collaborative and competitive strategies, venturing into each other’s domains and driving forward with disruptive and innovative propositions within an ever-changing business landscape. Report Summary Market Size (2029): USD 397.24 billion CAGR (2024 – 2029): 11.72% Forecast Units: Value (USD Billion) Report Scope: Market Dynamics, Revenue Forecast & Segmentation, Competitive Landscape & Recent Developments, Market Growth, Future Opportunities, and Trends Market Drivers: Rising Demand for Quality and Fast Service and Growth and Competition among Retail Industry and E -commerce Which are the Top Companies in the Fintech Market? In today’s landscape, well-established financial institutions are actively pursuing collaborations with emerging technologies to broaden their market reach. Likewise, FinTech startups are forging partnerships with established financial entities to accelerate their growth and market penetration. Prominent players in the Fintech Market: Ant Financials Other Reports that Might be of Your Interest Vietnam Fintech Market Report: The Vietnam Fintech Market size in terms of transaction value is expected to grow from USD 39.02 billion in 2024 to USD 72.24 billion by 2029, at a CAGR of 13.11% during the forecast period (2024-2029) North America Fintech Market Report : The North America Fintech Market size in terms of transaction value is expected to grow from USD 5.62 trillion in 2024 to USD 10.86 trillion by 2029, at a CAGR of 14.07% during the forecast period (2024-2029) Key Highlights from the Fintech Market Report 1. Surging Adoption of Digital Payments is Driving the Market The COVID-19 pandemic has catalyzed financial inclusion, leading to a notable surge in digital payments and the worldwide expansion of formal financial services. This expansion has opened new economic prospects. Developments in payments, including the displacement of cash, and the emergence of new payment options like request-to-pay, digital currencies, and buy-now-pay-later services (BNPL), have all contributed to the potential growth of the FinTech market. 2. Surging Investment in Fintech Companies is Anticipated to Drive the Market Investments in financial technology have experienced significant growth globally. From 2010 to 2019, the total investment value in fintech companies surged to USD 215.1 billion. However, there was a notable decline in 2020, with investments plummeting by over one-third to USD 127.7 billion. Nevertheless, 2021 witnessed a resurgence, with investments climbing back up to USD 226.5 billion. The United States emerged as the primary recipient of investments in the sector, capturing nearly 80% of the total. This investment trajectory in financial technology is poised to generate promising growth opportunities for the market. What are the Latest Developments in the Fintech Market? In May 2022: Mastercard announced cooperation with Synctera, a renowned FinTech banking service. The firms collaborated to supply account validation solutions for Synctera-powered FinTechs using Mastercard’s open banking platform. In March 2022: Envestnet has partnered up with Productfy, a developer of a business-to-business FinTech platform. With this collaboration, FinTech creators using Productfy’s platform would have direct access to Envestnet via a single interface. Mordor Intelligence Report on the Fintech Market segments the market based on product type, application, and geography: By Service Propositions (Market Size & Forecast based on Value (USD billion), 2024-2029) Money Transfer and Payments Others (E-Commerce Purchase Financing, etc) By Geography (Market Size & Forecast based on Value (USD billion), 2024-2029) North America Rest of Middle East and Africa In a nutshell, the Mordor Intelligence Market Research Report provides in-depth market insight to industry players, investors, researchers, consultants, and business strategists, looking for comprehensive details on the Fintech industry. Get a glance at the Fintech Market Report (2024 – 2029) About Mordor Intelligence Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals. With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence uniquely understands the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics. Other Related Reports that Might be of Interest United States Fintech Market Report : The United States Fintech market reached a size of USD 4 trillion in the current year and registered a CAGR of 11% over the period of the forecast. Singapore Fintech Market Report : The Singapore Fintech Market size in terms of transaction value is expected to grow from USD 38.80 billion in 2024 to USD 63.18 billion by 2029, at a CAGR of 10.24% during the forecast period (2024-2029). Media Contact
Productfy Frequently Asked Questions (FAQ)
When was Productfy founded?
Productfy was founded in 2018.
Where is Productfy's headquarters?
Productfy's headquarters is located at 3670 Shady Hollow Court, San Jose.
What is Productfy's latest funding round?
Productfy's latest funding round is Series A.
How much did Productfy raise?
Productfy raised a total of $18.35M.
Who are the investors of Productfy?
Investors of Productfy include Point72 Ventures, 500 Global, Envestnet, CM Ventures, Envestnet | Yodlee Launchpad and 3 more.
Who are Productfy's competitors?
Competitors of Productfy include Alviere, Solaris, Griffin, Synctera, Enfuce and 7 more.
What products does Productfy offer?
Productfy's products include Money Movement and 3 more.
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Compare Productfy to Competitors
Solaris is a technology company specializing in embedded finance solutions within the banking sector. The company provides a banking-as-a-Service platform that enables businesses to integrate digital banking, payment, and lending services into their products. Solaris primarily serves industries that require embedded financial services, such as the travel and mobility sectors. Solaris was formerly known as Solarisbank. It was founded in 2016 and is based in Berlin, Germany.
Unit develops financial infrastructure for banking and lending solutions. The company offers a platform that enables technology companies to build banking and lending products, including features such as bank accounts, physical and virtual cards, payments, and lending services. Its dashboard and suite of application programming interface (API), software development kit (SDK), and white-labeled user interface (UI) enable developers to build financial features into their products. It was founded in 2019 and is based in New York, New York.
Railsr operates as a banking and compliance platform. It connects together a global network of partner banks with companies offering embedded banking and wallets known as banking-as-a-service, embedded rewards known as reward-as-a-service, embedded cards known as cards-as-a-service, and embedded credit known as credit-as-a-service. Railsr was formerly known as Railsbank. The company was founded in 2016 and is based in London, United Kingdom.
Synctera provides partnerships between community banks and fintech companies through a two-sided marketplace. It offers business-to-business (B2B) transactions, business-to-consumer (B2C) transactions, wealth management, and investing, services for nonprofits, cannabis banking, and more. It serves individuals, enterprises, and banks. It was founded in 2020 and is based in Palo Alto, California.
Treasury Prime is an embedded banking platform that specializes in connecting businesses with a network of banks and financial service providers. Their main offerings include API banking integrations that enable companies to develop and launch financial products such as FDIC insured accounts, payment processing solutions, and debit card issuance. Treasury Prime's platform is designed to support compliance program integration and multi-bank operations, facilitating the creation of investment vehicles and instant payout ecosystems for various industries. It was founded in 2017 and is based in San Francisco, California.
Alviere is an enterprise embedded finance platform operating in the financial services industry. The company offers a suite of financial products including accounts, payments, branded cards, and global money transfers, all designed to be integrated into clients' existing business models. Alviere primarily serves sectors such as travel and hospitality, retail, marketplaces, financial services, and telecommunications. Alviere was formerly known as Mezu. It was founded in 2020 and is based in Denver, Colorado.
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