Torpago
Credit Card Processing · California, United States · 11-50 Employees
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Overview
Headquarters
401 E 3rd Ave, San Mateo, California, 94...Phone Number
(650) 623-5429Website
www.torpago.comRevenue
<$5 MillionIndustry
About Torpago
Torpago Org Chart
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Torpago is experiencing very low activity levels compared to other companies in the Finance sector.
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Torpago financials insights
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Angel/Seed
$2M
Series B
$10M
Debt
$4M
Torpago Tech Stack
A closer look at the technologies used by Torpago
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Torpago News & Media
Torpago hires former PayPal and Visa executives to lead business operations
Torpago, a cutting-edge, modern commercial credit card and spend management provider for banks, today announced the hiring of Chris Boncimino to head Business Operations.Torpago Lands $10 Million to Help Banks Launch Corporate Card Programs - Finovate
Torpago received $10 million in a Series B funding co-led by Priority Tech Ventures and EJF Ventures for its corporate card program.Torpago Announces $10 Million Series B Funding Round
SAN MATEO, Calif.--(BUSINESS WIRE)--Torpago, a commercial credit card and spend management provider, today announced it raised $10 million in a Series B funding round. The round was co-led by Priority Tech Ventures, a division of Priority Technology Holdings, Inc., and EJF Ventures, with participation from BankTech Ventures and other existing investors. Following the launch of Sunwest Bank’s Visionary Card, this investment will help Torpago service growing demand for its ‘Powered By’ solution,Fintech Torpago has a unique way to compete with Brex and Ramp: turning banks into customers
Torpago's Powered By product is geared for regional and community banks, with under $20 billion in assets, to launch their own branded cards and spend management programs. © 2024 TechCrunch. All rights reserved. For personal use only.
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Frequently Asked Questions Regarding Torpago
Torpago, founded in 2020 and based in San Francisco, California, is a FinTech spend management platform on a mission to disrupt traditional corporate credit cards and modernize spend management for businesses of all sizes. Torpago empowers companies with simple and easy solutions that grant more extensive control and transparency of company spendin... Read More
