Cloud-native financial services platform Trice has secured seed funding from Diagram Ventures, Royal Bank of Canada and JAM FINTOP. The funding will be used to further develop Trice’s real-time payments-as-a-service platform.
Trice’s platform operates independently from traditional core banking systems, providing neobanks, digital wallets, fintechs, banks, credit unions and other financial institutions with a modern payments gateway. It allows customers to integrate APIs for request-for-pay functionality, receiving deposits, loading funds, topping up balances and enabling recurring transfers.
The company aims to reshape the landscape of financial transactions by providing a seamless, efficient and secure platform for real-time payments. The funding will be used to build more developer-friendly tools, expand the engineering team, introduce risk and compliance controls and deepen partnerships and enterprise agreements.
