2023 Revenue
$1.2M(Est.)
Funding
$20.5M
Team · 2024
7
Founded
2016
Verrency Revenue & Funding (2023)
Verrency generated an estimated $1.2M in annual revenue in 2023. Source: GetLatka estimate
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.
| Year | Milestone | Source |
|---|---|---|
| 2023 | Verrency Hit $1.2m revenue in December 2023 | Estimated |
| 2021 | Verrency Hit $1.3m revenue in April 2021 | Not recorded |
| 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 | Source |
|---|---|---|---|---|---|
| 2019 | Funding round | $12.9M | - | - | Not recorded |
| 2017 | Funding round | $3.5M | - | - | Not recorded |
| 2017 | Funding round | $4.1M | - | - | Not recorded |
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
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 | Source |
|---|---|---|
| 2024 | Reached 7 employees (October 2024) | Not recorded |
| 2024 | Reached 7 employees (October 2024) | Not recorded |
| 2023 | Reached 20 employees (December 2023) | Not recorded |
| 2023 | Reached 20 employees (December 2023) | Not recorded |
| 2022 | Reached 23 employees (December 2022) | Not recorded |
| 2022 | Reached 26 employees (December 2022) | Not recorded |
| 2021 | Reached 26 employees (December 2021) | Not recorded |
| 2021 | Reached 30 employees (April 2021) | Not recorded |
Frequently Asked Questions about Verrency
What is Verrency's revenue?
As of 2023, Verrency generated an estimated $1.2M in annual revenue.
Who founded Verrency?
Verrency was founded by David Link.
When was Verrency founded?
Verrency was founded in 2016.
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?
As of 2024, Verrency had 7 employees.
Where is Verrency headquartered?
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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