In our Startup Showcase this time around, we’re focusing on Limonetik – an innovative company based in Paris, France. Their revolutionary platform-as-a-service (PaaS) model is changing how businesses handle payments in a rapidly evolving world.
A New Era in Payment Solutions
Limonetik is trailblazing the journey into a new age of payment solutions. Their PaaS model targets a vast array of payment needs for multichannel retailers, marketplaces, gig and shared economy platforms, business-to-business platforms, acquirers, and payment services providers. Initially, Limonetik focused on processing, aggregating, and developing payment methods for online and offline use in Europe. However, their reach soon extended to include a broad array of international alternative payments.
Today, the Limonetik platform supports over 265 local payment methods in 60 different countries. They reduce settlement complexity by integrating multiple financial flows into one settlement and offer comprehensive reconciliation and reporting tools via a cutting-edge API.
Leadership in Marketplace Payment Solutions
Limonetik’s foresight is evident in their early adoption of marketplace payment solutions, with over seven years’ experience in this relatively new sector. Processing more than $2 billion a year, Limonetik supports more than 14k merchants or marketplaces through payment players. This early success showcases their ability to anticipate trends and adapt their services accordingly, positioning them as leaders in their industry.
Recognition and Funding
Limonetik’s innovative approach and tangible impact on its clients’ businesses earned it the prestigious title of “Cool Vendor in digital commerce” from Gartner. Furthermore, Limonetik successfully raised 10 million € in Series A funding from VC firms Newfund, Orkos, and Hiinov, alongside several successful business angels. The company’s investors include big names like Olivier Mathiot and Pierre Kosciusko Morizet (Founder of Priceminister), Regis Bouyala (Payment Guru and writer of “World of Payment”), Alain Parize (founder of Smile’s), Laurent Nizri (Founder of Alteir Consulting specialized in Bank & Payment), and Arnaud Barey (Founder of Voyagermoinscher), Erich Lawson Smith (Arma Partners).
Limonetik’s story is a testament to the potential for innovation in the fintech industry. Their continued growth and success in meeting the complex needs of a diverse range of clients make them an exciting feature in our Startup Showcase.
For more information on Limonetik, you can visit their website and social media platforms:
Website: http://www.limonetik.com
Twitter: http://twitter.com/limonetik
Facebook: https://www.facebook.com/Limonetik-172895278363
LinkedIn: http://www.linkedin.com/company/limonetik
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