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How Verrency CEO David Link grew Verrency 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.

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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.

Verrency Revenue GrowthReported revenue / ARR by year$0$300K$600K$900K$1M$2M20162017201820192020202120222023$0$1M$1MSource: GetLatka.com
YearMilestone
2023Verrency Hit $1.2m revenue in December 2023
2021Verrency Hit $1.3m revenue in April 2021
2016Launched 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.

Verrency Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$5M$10M$15M$20M$25M20162017201820192016 cumulative: $0 • 2016 Founded: $02017 cumulative: $4M • 2016 Founded: $0 • 2017 Funding round: $4M2017 cumulative: $8M • 2016 Founded: $0 • 2017 Funding round: $4M • 2017 Funding round: $4M2019 cumulative: $21M • 2016 Founded: $0 • 2017 Funding round: $4M • 2017 Funding round: $4M • 2019 Funding round: $13M$21M2016 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2019Funding round$12.9M--
2017Funding round$3.5M--
2017Funding round$4.1M--

Verrency Employees & Team Size

Verrency employs approximately 7 people as of 2026, down from 20 in 2023.

Verrency has 7 total employees in different roles and functions and 8 sales reps that carry a quota.

Verrency Team GrowthReported headcount over time08152330382016201720182019202020212022202320240077Source: GetLatka.com
YearMilestone
2024Reached 7 employees (October 2024)
2024Reached 7 employees (October 2024)
2023Reached 20 employees (December 2023)
2023Reached 20 employees (December 2023)
2022Reached 23 employees (December 2022)
2022Reached 26 employees (December 2022)
2021Reached 26 employees (December 2021)
2021Reached 30 employees (April 2021)

Founder / CEO

David Link

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

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Customers

We do not have customer count information for Verrency yet.

Frequently Asked Questions about Verrency

What is Verrency's revenue?

Verrency generates $1.2M in 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.

How many employees does Verrency have?

Verrency has 7 employees.

Where is Verrency headquarters?

Verrency is headquartered in Melbourne, Victoria, Australia.

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Compare Verrency to the industry

Verrency operates across multiple industries. Browse revenue, funding, and growth data for Verrency in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .