Forward (Seed)

Funding Details
Awarder
Inbox
Date Award
October 01, 2023
Vertical
Fintech
Funding URL
View Funding Page
Funding Amount:
$16,000,000

Company Info
Founding Year
2023
Traction
Forward has started processing payments in the fourth quarter of 2023 during a beta period, with several million transactions completed. They have already secured Fiserv as a customer, showcasing early traction and industry interest.
Organizations Involved
Fiserv
Founders
Brandon Lloyd, Derek Victory, Danielle Madison
Company Description
Forward is a Fintech startup based in Austin, specializing in providing integrated payment solutions for SaaS companies. Their platform enables SaaS companies to rent their offerings as a service, saving costs on payment fees and helping them generate additional revenue. Forward focuses on program design, technical integration, ongoing support, and the ability to migrate to a registered payment facilitator.
Market
Integrated Payments
Location
Austin, TX, US
Coinvestors
Commerce Ventures, Elefund, Fiserv

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