2023 Revenue
$1.2M
Funding
$20.5M
Team · 2024
7
Founded
2016
How Verrency CEO David Link grew to $1.2M revenue with a 7 person team in 2023.
Provider of a white-label, cloud-based, payments innovation-as-a-service intended to deliver payment capabilities, fast and cost effectively. The company's open-API platform service facilitates card issuers, merchant issuers, processors and other digital financial services institutions to easily manage payment devices and virtual cards and easily connect to third-party financial services, enabling consumers to receive increased security, control, and choice and to easily pay anywhere using different funding sources.
Last updated
Verrency Revenue
In 2023, Verrency's revenue reached $1.2M. The company previously reported $1.3M in 2021. Since its launch in 2016, Verrency has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2023 | Verrency Hit $1.2m revenue in December 2023 | |
| 2021 | Verrency Hit $1.3m revenue in April 2021 | |
| 2016 | Launched with $0 revenue |
Verrency Valuation, Funding Rounds
Verrency has not publicly disclosed its valuation. The company has raised $20.5M in total funding to date.
Verrency has raised $20.5M in total funding across 3 rounds, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2019 | Funding round | $12.9M | - | - | |
| 2017 | Funding round | $3.5M | - | - | |
| 2017 | Funding round | $4.1M | - | - |
Founder / CEO
David Link
CEO
David Link is a payments and banking innovator with nearly three decades’ experience in the Financial Services industry. David spent 26 years in various leadership positions internationally with Accenture, including Managing Director in Accenture’s Financial Services practice. Through his extensive knowledge of the finance space, David recognises the need for growth and innovation in payments. Taking this to market, David founded Verrency, a global fintech company that provides ‘innovation-as-a-service’, enabling issuers to deliver the latest payment capabilities fast and cost effectively through their existing payments infrastructure. By giving its consumers unprecedented flexibility and control over how they pay, Verrency’s cutting-edge features drive growth and increase customer satisfaction. Verrency also enables innovation across the payments ecosystem, providing fintechs and other innovative payment services the ability to be easily connected and distributed through issuers at scale. In addition, David serves as an Honorary Fellow within the Faculty of Business and Economics at the prestigious University of Melbourne, as the Chair of the Australian Centre for Financial studies ‘Funding Australia’s Future IV’ and sits on a number of boards and advisory boards. SPECIALITIES ♦ Digital transformation & innovation, particularly in the FinTech space ♦ Large scale business transformation ♦ Payments innovation & transformation ♦ Global expansion & business growth ♦ Banking & insurance industries ♦ Global & Asian financial landscape ♦ Leading large programs/organisations ♦ Managing complex programs ♦ Negotiating & managing complex contracts ♦ Post-merger integration ♦ Application & business process outsourcing ♦ Change management
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Verrency yet.
Verrency Employees & Team Size
Verrency employs approximately 7 people as of 2026, down from 20 in 2023, including 8 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 7 employees (October 2024) |
| 2024 | Reached 7 employees (October 2024) |
| 2023 | Reached 20 employees (December 2023) |
| 2023 | Reached 20 employees (December 2023) |
| 2022 | Reached 23 employees (December 2022) |
| 2022 | Reached 26 employees (December 2022) |
| 2021 | Reached 26 employees (December 2021) |
| 2021 | Reached 30 employees (April 2021) |
Frequently Asked Questions about Verrency
What is Verrency's revenue?
Verrency generates an estimated $1.2M in annual revenue.
Who founded Verrency?
Verrency was founded by David Link.
Who is the CEO of Verrency?
The CEO of Verrency is David Link.
How much funding does Verrency have?
Verrency raised $20.5M across 3 rounds.
How many employees does Verrency have?
Verrency has 7 employees.
Where is Verrency headquarters?
Verrency is headquartered in Melbourne, Victoria, Australia.
Compare Verrency to the industry
Verrency operates across multiple industries. Browse revenue, funding, and growth data for Verrency in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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