Tagged: torpago

Fintech Torpago Adds ex-Flow Networks, Visa, PayPal Exec Chris Boncimino to Lead Business Operations

Torpago, a commercial credit card and spend management provider for banks, has announced the hiring of Chris Boncimino to head business operations. Boncimino will lead business operations with a focus on growth and product development for Torpago’s Powered By program management service. Boncimino’s fintech experience… Read More

Fintech Torpago Raises $10 Million Series B

White-label spend management and card platform Torpago has raised $10 million in a Series B funding round. Priority Tech Ventures and EJF Ventures co-led the round, which also included BankTech Ventures and other existing investors. Torpago raised a $6 million Series A round in 2023…. Read More

Torpago and Marqeta Introduce Sunwest Bank’s Visionary Card Program

Torpago, a commercial credit card and spend management provider, Marqeta (NASDAQ: MQ) strategic partner of Torpago and the global modern card issuing platform, and Sunwest Bank, a leading entrepreneurial business bank, announce the launch of Sunwest Visionary Card, Sunwest’s commercial credit card and expense management… Read More

Fintech Torpago, Revio to Enable Community, Regional Banks to Grow Revenue, Increase Client Retention

Torpago, a modern business credit card and spend management platform provider, today announced a partnership with Revio, a customer-insights platform that transforms bank data into actionable insights. The partnership will deliver “a revenue-generating corporate credit card program to community and regional banks, targeted at the… Read More

Fintech Torpago Introduces Credit Card Program for Community Banks, Credit Unions

Torpago, a modern business credit card and spend management platform provider, today launched Powered By, a private label credit card program that will “allow community banks and credit unions to launch their own fully branded, end-to-end corporate credit card product and accompanying spend management platform.”… Read More

Torpago Raises $77 Million, Valued at Over $1 Billion

Torpago, spend and expense management Fintech, has raised $77 million claiming a valuation of over $1 billion. In a release, Torpago said it raised $2 million in seed funding and a warehouse of $75 million to support the expansion of its platform. The funding round… Read More

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