ProcessOut Inc.

ProcessOut Inc. is a payment analytics and routing platform that optimizes transaction processes for brands and growing companies through advanced technology and integration capabilities. Founded in 2015 and headquartered in New York, US, ProcessOut Inc. offers a robust payment analytics platform.

The company was co-founded by Grégoire Delpit, Guillaume Merindol, and Jérémy Lejoux. ProcessOut has received funding through an Angel round, raising USD 1. 00 mn from investors including 50 Partners and Techstars. The company has participated in 4 deals, with its most recent deal occurring on February 26, 2020.

ProcessOut specializes in a comprehensive payment analytics and routing platform aimed at enhancing payment processes for various sectors, particularly e-commerce and fintech. The platform features a single API that integrates global payment methods and providers, employing AI-driven smart routing to optimize transaction efficiency. Additionally, the company offers Telescope, a payment-monitoring system that evaluates transactions and identifies areas for performance improvement across multiple providers. ProcessOut's revenue model is transaction-based, facilitating payments across various sectors through its platform.

Clients benefit from real-time AI-driven routing that optimizes costs and conversion rates. Although specific service pricing details are not disclosed, transaction fees are structured based on the volume of payments processed, supporting both B2B and direct-to-consumer transactions while ensuring security and compliance. Following its acquisition by Checkout. com Group in February 2020, ProcessOut aims to enhance its product offerings and expand into new markets.

The company is focused on developing additional features for its payment routing platform and plans to target expansion in North America, Europe, and parts of Asia. Recent funding will support these initiatives, facilitating the development of new products and technologies while enhancing their market presence.