Reiterate offers a no-code reconciliation tool for finance, payments, and business intelligence teams that visualises complex pricing models, tracks performance and automatically detects charging errors. The product targets fast-growing fintechs and transactional companies that outsource payment services and manage large numbers of contracts; it was piloted with fintechs and gaming companies. The company was founded by an engineering-sales duo who previously built top-selling products at Veriff and is based in Tallinn. Reiterate has raised €1.25 million to expand its global engineering and product teams and to improve client onboarding. The funding will also be used to further develop its calculation editor and grow traction in the U.K. and across Europe, with subsequent expansion planned for Malta, Sweden and Spain. Its long-term product vision includes using neural networks to analyse agreements followed by automated analytics to detect payment errors.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

May 2022