Envisso Company Research Report
Company Overview
- Name: Envisso
- Mission: The mission of Envisso is to enable payment companies to transform the management of merchant risk into a strategy for growth and profit generation.
- Founded By: No information is available
- Key People: No information is available
- Headquarters: No information is available
- Number of Employees: No information is available
- Revenue: No information is available
- Core Competency: Envisso is known for its innovative approach to merchant risk management, transforming traditionally risk-laden processes into profit-driving strategies for payment companies.
Products
Merchant Scoring & Monitoring
- Description: Envisso offers automated credit and compliance risk scoring for both onboarding merchants and ongoing monitoring.
- Key Features:
- Automated Risk Assessment: Replaces manual assessments that heavily depend on assumptions, utilizing data-driven automatic assessments.
- Frictionless Onboarding: Facilitates quicker onboarding of merchants through efficient automated processes.
Risk Protection Insurance
- Description: Credit insurance embedded with transactions to protect payment companies against merchant default.
- Key Features:
- Zero Collateral Requirement: Eliminates the need for collateral, thereby freeing up working capital for merchants.
- Premium Percentage of TPV: 0.02%
- Coverage: Up to $1 million USD
- No additional collateral required
Merchant Credit Risk Insurance
- Description: A specialized insurance product to protect against default risks.
- Key Features:
- No Collateral Negotiations: Allows payment providers to onboard higher-risk merchants without the need for collateral negotiations.
- Insurance Integration: The product includes insurance as a fundamental part of its service offering, ensuring lower costs and better protection for both merchants and acquirers.
Recent Developments
- Recent Developments: No information is available
- New Product Launches: No information is available
- New Features: No information is available
- Partnerships: Envisso has gained trust among global companies, providing services such as automated merchant credit and fraud monitoring. Notably, it has been involved with payment facilitators across the APAC region to help identify risk issues and ensure compliance within financial schemes.
Envisso stands out in the market by offering payment companies comprehensive tools to transform perceived risks into profitable opportunities. Its service offerings align tightly with its mission to tackle key challenges in the domain of merchant risk, underwriting processes, credit, and compliance.