See other companies on Welcome to the Jungle

Ivy

API for instant bank payments

Ivy logo
1-20 employees
  • B2B
  • Payments
  • API
Mitte, Berlin, Germany

Jump to section

Company mission

To enable businesses to accept Instant Bank payments - taking cards and wallets out of online transactions and reducing costs by up to 10x.

Our take

Ivy has developed a solution that offers a streamlined approach to online transactions. With the ability to facilitate instant bank payments at the checkout, Ivy eliminates the need for intermediaries like card networks, gateways, and wallets. Consequently, this technology not only significantly reduces transaction fees but also enhances transaction speed.

Looking ahead, Ivy recognises the growing trend of payments shifting from cards to banks. To be at the forefront of this major shift, Ivy actively participated in over 60 countries that are currently implementing instant payment systems. While there are competitors like Visa and Mastercard, Ivy views them as fellow participants in the shared mission of driving transaction volumes away from card-based systems.

To cater to the global market, Ivy's API is readily available in key regions, including Europe, the US, the Middle East, and Africa. This wide coverage at such an early stage in the company's journey ensures that businesses across these regions can seamlessly integrate Ivy's solution into their operations, allowing them to enjoy the benefits of efficient, low-cost transactions.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Benefits

  • Team events and off-sites: We offer fun regular team events and at least 2 yearly full company off-sites
  • The tools you need: We provide the best equipment for you to excel at your work
  • Onsite first, but remote flexible: We all believe that in-person collaboration is an integral part of working together, but offer flexibility for remote working if you won't be able to join us in our Berlin and Munich offices
  • Flexible working hours: We value focus time. Encouraging everyone to minimise fixed meetings and leverage asynchronous communication
  • €1,000 for personal growth: Grow with your annual personal development budget

Funding (2 rounds)

Aug 2023

$20m

SERIES A

Jul 2023

$7.4m

SEED

Total funding: $27.4m

This company has top investors

Leadership

Ferdinand Dabitz

(CEO)

Graduated from Ludwig-Maximilians University with a degree in Law. Previously worked in Research for German Bundestag and Max Planck. Also worked as a Consultant as McKinsey & Company.

Simon Wimmer

(CTO)

Graduated from the Technical University of Munich with a BS in Information Systems.

Peter Mosebjane Lieck

(CRO)

Graduated from Zeppelin University with a BA in Corporate Management and Economics. Previously worked in Digital Economy for Deutscher Bundestag.

Joshua Becker

(CPO)

Graduated from Zeppelin University with a degree in Corporate Management and Economics.