Account-to-Account Payments Platform Volume Raises $6M in Seed Capital

Payments/Fintech

Dec 20

Volume is a fintech startup pioneering account-to-account (A2A) payments with a focus on simplifying user experience. Its one-click checkout solution eliminates intermediaries like PayPal and Stripe, significantly reducing transaction fees for merchants and consumers. By integrating seamlessly with banking apps and leveraging Yapily's infrastructure, Volume enables direct money transfers between bank accounts. The company aims to revolutionize online payments with a flat-rate pricing model and a focus on scalability, efficiency, and accessibility.

Volume, a fintech account-to-account (A2A) solution that offers a one-click checkout, has announced its $6 million seed funding round. The new funding will be used to expand in Europe and enter the UK by obtaining approval from the Financial Conduct Authority (FCA). The account-to-account sector is growing because it can offer sellers and brands lower payment fees as it bypasses card networks that charge excessive processing fees.

TechCrunch: As account-to-account payments startups falter, Volume raises fresh cash

fintechpaymentsvolumefundingseed

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/

Account-to-Account Payments Platform Volume Raises $6M in Seed Capital

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