59292
Tier Money
integrate banking service into a non-financial business
Canada, Toronto
Market: Financial services
Stage of the project: Prototype or product is ready
Date of last change: 12.01.2023
Canada, Toronto
Market: Financial services
Stage of the project: Prototype or product is ready
Date of last change: 12.01.2023
Idea
Tier Money enables any business to embed financial offering into their product seamlessly. We provide cross border payments, card issuing, multi-currency accounts with regulatory coverage.
Current Status
BETA testing of the product with over 1000 customers and processed over $40M
Problem or Opportunity
Building & integrating financial products is an expensive, fragmented and time-consuming endeavour that requires a diverse range of skill sets and expertise.
Solution (product or service)
A platform that makes it effortless to integrate financial services,
enabling business to scale operations while being fully
compliant with applicable regulations – in a matter of weeks!
enabling business to scale operations while being fully
compliant with applicable regulations – in a matter of weeks!
Competitors
HUBUC
SUDO MONEY
MAPLERAD
WEAVR
HIGHNOTE
SUDO MONEY
MAPLERAD
WEAVR
HIGHNOTE
Advantages or differentiators
Tier Money enables any business to embed financial offering into their product seamlessly. We provide cross border payments, card issuing, multi-currency accounts with regulatory coverage.
Business model
We charge a subscription fee for access to our platform and transaction fee for any services used.
Money will be spent on
Technology
Marketing
License
Marketing
License
Offer for investor
We are looking to raise $5M for a 25% stake in the company.
Team or Management
Incubation/Acceleration programs accomplishment
GSD Cohort 11
Presentation
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