Velo Payments acquires YapStone Inc., the leader in vacation rental payment processing. SAN FRANCISCO, May 9, 2022 /PRNewswire/ — Payment’s processor, Yapstone, unveils rebrand and redefined approach to localized payments ahead of global expansion. Yapstone platform architecture is built on hundreds of layered microservices.
Discover what Yapstone’s platform can mean for your business. Accredited investors can invest in the top private companies like YapStone before they IPO via secondary marketplaces such as Hiive. If you have any questions about buying or selling shares of private companies, don’t hesitate to contact a Hiive security specialist.
With Yapstone’s unique microservices, it’s simpler than ever to create and implement a payments solution that satisfies the rules and requirements of your business. Leverage the entire platform or customize within a single service…it’s up to you. Our Flexible Merchant of Record structure gives you greater control over the customer experience and flow of funds. Secure online payment service for transactions from vacation homes to multi-family apartment rentals.
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When innovation is introduced to an ecosystem, payments become increasingly more complex and need to evolve with the industries they serve. This often involves accepting new payment methods, adhering to updated regulations, and protecting against evolving fraud sophistication. Headquartered in the San Francisco Bay Area, Yapstone also has offices in Ireland, with teams located in North, South, and Central America, Europe, India, South Africa, and Asia. The growing global footprint of the 23-year-old payments processor provides customers with the opportunities and capabilities of expanding into new regions, and at scale. Yapstone offers a complete payments solution for marketplaces and platforms.
About YapStoneYapStone, Inc. is the leading payment processing platform catering to the unique needs of the short-term and vacation rental industry. With a track record of delivering secure, seamless payment experiences, Yapstone has established itself as a trusted partner for businesses operating in the STVR marketplace. With its tailored solutions and robust technology, Yapstone enables merchants to thrive in an increasingly digital and interconnected world. Our full-stack payments platform enables and amplifies connections between companies and markets across the globe.
But clearly, the most impactful change has been how fintech has made it possible for anonymous buyers and sellers to interact on marketplaces, such as Uber, HomeAway, and a multitude of sharing economy businesses. This has taken the user experience to a new level and friction involved in payments is completely removed for buyers and sellers. Protect your bottom line with lower fraud losses via unmatched risk expertise, and automate business processes to reduce your overheads.
Whether it’s powering multi-party transactions or accepting local payment methods in emerging markets, Yapstone cuts through the payment complexities to enable commerce worldwide. Founded in 2009 with the simple goal of converting bills commonly paid by paper check into online electronic payments, Yapstone’s latest rebrand takes this vision to the next level. With their local payment methods expertise and stackable, scalable payments platform, Yapstone’s redefined mission is to amplify global commerce in local markets, summarized by their new tagline ‘pay local, scale global’.
- This has taken the user experience to a new level and friction involved in payments is completely removed for buyers and sellers.
- Companies focused on AI and ML technologies applied to fraud management are also critical for further enhancing global payments.
- YapStone remains a privately held company and cannot be accessed on major public exchanges such as NASDAQ or NYSE.
- Our easy-to-use REST APIs can be efficiently customized to meet your company’s individual needs, regardless of the vertical or industry.
ᵅSecurity Specialists are registered representatives of Hiive Markets Limited and have no specialized expertise in the evaluation or recommendation of investments. Hiive does not provide investment advice and Hiive customers should obtain independent advice prior to buying or selling on Hiive. This means only accredited and institutional investors can invest in the company before its IPO. Investors seeking exposure to YapStone can invest indirectly via venture funds and investment syndicates, or purchase shares directly on pre-IPO marketplaces like Hiive.
Solutions
There is still significant room for growing companies like Yapstone and new startups to disrupt many parts of the payments ecosystem. For example, xcritical cheating Blockchain holds significant promise for cross-border instant settlement and even for managing complex KYC. Companies focused on AI and ML technologies applied to fraud management are also critical for further enhancing global payments. The heart of Yapstone’s rebranding strategy centers around a new website, logo, and brand identity. The new website design was inspired by the transformation happening across the payments landscape, with the new typeface and dynamic color palette better reflecting the company’s innovative approach to local payments.
As a privately held company, YapStone has no public stock price. To access current and historical pricing information on YapStone stock, you can review filings from the company’s past primary funding rounds, fund marks, and information from secondary trading data providers. Hiive also offers free access to historical trading data on hundreds of the top pre-IPO companies such as YapStone. Developer of a global payments platform designed to power electronic payments for sharing economy marketplaces. Yapstone, a leading provider of payment solutions, announced today that it has undergone scammed by xcritical a major rebrand. Building on the company’s successful foundations, the rebrand signifies the beginning of a new chapter for Yapstone as the company continues to expand globally, offering local payment solutions for global businesses.
One source of information on YapStone’s valuation is the details of its most recent primary funding rounds. Financial and technology news sources such as Reuters, Bloomberg, Techcrunch, and The Information routinely report on private company funding rounds and can be a good source of information. Alternatively, you can look at YapStone’s official website for releases and investor relations updates, alongside venture capital databases such as Crunchbase, Pitchbook, and Preqin. Alternatively, you can look at YapStone’s official website for press releases xcritical scam and investor relations updates, alongside venture capital databases such as Crunchbase, Pitchbook, and Preqin.
Financial Services & Investing
CEO and cofounder Tom Villante came up with the idea of getting into the residential rental industry during a poker game with friends. Founded in 1999, the company will launch several new products in 2015, including a platform that will compete directly against Stripe and Braintree. The company’s name comes from the wheel-shaped currency of the Micronesian islands of Yap. Technology has ignited major changes in the way business is done in general.
Consumer Technology Overview
In simple terms, our technology supports the organic business functions of individual marketplaces, so that sharing economy leaders can conduct business as their marketplace is designed, rather than around a general payment API. Through technologies such as Velo’s open banking platform, this merger promises to deliver seamless global payment experiences for businesses and individuals by reducing the cost and complexity of payments, especially across borders. Five years ago, I was extensively involved in e-commerce and then in peer-to-peer money transfer. At that time, I felt that data technologies and peer-to-peer commerce was on the brink of driving the next wave of digital transformation. I feel with the fast evolution of sharing economy and global marketplaces, the peer-to-peer commerce prediction has come true. Data technologies continue to provide the backbone for fintech in many areas such as advanced fraud management, chatbots to perform tasks and respond to customer needs, and optimizing conversion and customer experience.
Velo Payments, Inc. to Acquire YapStone, Inc. and Revolutionize the Payments Landscape.
Yapstone’s proven platform satisfies all of your payment must-haves including Pay In, Pay Out, Risk and Analytics. Customize how payments are received and paid out to suppliers based on your business’s unique rules. A single integration covers all your payment flows no matter how simple or complex. Due to regulations, only accredited and institutional investors are eligible to purchase highly illiquid assets such as private company stock. In most cases, whether you can buy YapStone shares is also ultimately subject to the company’s decision to exercise its right of first refusal and final approval.
Our easy-to-use REST APIs can be efficiently customized to meet your company’s individual needs, regardless of the vertical or industry. The Benzinga Fintech Summit is a gathering of the top leaders in brokerage, payments and cryptocurrencies in San Francisco Nov. 14. Ahead of the Summit, Benzinga is profiling fintech thought leaders who are speaking at the event. YapStone remains a privately held company and cannot be accessed on major public exchanges such as NASDAQ or NYSE. If you own YapStone shares, you may be able to find a buyer on pre-IPO marketplaces or via an introduction by a registered broker.