Volt Technologies Holdings Limited

Volt Technologies Holdings Limited, based in the UK, specializes in real-time payment solutions, enabling rapid and secure account-to-account transfers globally through innovative banking technology. Founded in 2019 by Jordan Lawrence and Steffen Vollert, Volt Technologies Holdings Limited is headquartered in London, UK. The company has secured a total of 5 deals to date, with the most recent deal occurring on June 21, 2023. In this round, known as SERIES B, Volt raised GBP 45.

13 mn, led by Institutional Venture Partners, with participation from investors including Augmentum, CommerzVentures, EQT, and Fuel Ventures. The total amount raised by the company now stands at GBP 45. 13 mn with a current company valuation of GBP 285. 80 mn.

Volt provides a comprehensive suite of real-time payment solutions designed to facilitate rapid and secure account-to-account transfers globally. Their core offerings include a globally optimized Pay by Bank solution, which allows businesses to receive and send payments directly from customer bank accounts, bypassing traditional card networks. This functionality addresses key pain points in e-commerce by enhancing transaction speed, reducing operational friction, and providing real-time status updates for each transaction. Volt's services are utilized across various industries, including retail, travel, wealthtech, gaming, and cryptocurrency, serving a customer base in over 80 countries, including the UK, Australia, the US, and Brazil.

The company has established connections with over 2,500 banks, providing significant coverage with access to approximately 618 million bank accounts. In 2024, Volt's revenue reached GBP 23,146,075. 80, with an EBITDA of GBP -25,097,879. 20.

The company's revenue model primarily revolves around transaction fees linked to real-time payment processing, leveraging its Pay by Bank offerings. As businesses integrate Volt’s platform, they facilitate transactions involving direct deposits and withdrawals from bank accounts, enhancing the overall payment experience. Clients, including retailers and fintech firms, benefit from reduced operational costs and improved transaction speeds, contributing to Volt's revenue through tailored pricing plans based on partnership agreements. Following its SERIES B funding round in June 2023, where Volt raised GBP 45.

13 mn, the company plans to utilize these funds to expand its market reach in the Asia-Pacific (APAC) and American regions while developing its product offerings in existing markets including Europe, the UK, and Brazil. The company's growth strategy includes launching new products designed to enhance its payment processing capabilities, further targeting specific international markets by the end of 2024.