Spreedly is a leading provider of software that enables high growth and global businesses to optimize their online and mobile payments operations through a single API connection.
Spreedly enables customers to securely capture and store cardholder data in their Spreedly vault, and then use tokenized payment details from their vault to transact across hundreds of 3rd party payments and e-commerce service connections that Spreedly supports.
Spreedly was founded in 2007 by Justin Benson, Duff OMelia, Nathaniel Talbott, & Alexander Kohlhofer. The company is based in Durham, North Carolina.
Spreedly helps innovative businesses to grow faster via a powerful payments infrastructure. Businesses can secure card data in our PCI compliant vault, and use tokenized card data to transact with virtually any payment service globally. All through a single API.
Spreedly’s platform enables payments flexibility and redundancy by allowing customers to route transactions through virtually any combination of payment services without ever touching end-consumer card data. This results in faster time-to-market globally and a reduced compliance burden.
Spreedly has grown rapidly and today powers nearly one million transactions daily, 108% more than the year before, on behalf of its customers. Hundreds of customers worldwide secure card data in our PCI compliant vault and use tokenized card data to enable and optimize nearly $14 billion of annual transaction volumes with virtually any payment service globally.
Spreedly is backed by Spectrum Equity, Harold Mechelynck, E-MERGE, Emerge and others. The company raised $75M from a latest financing on Nov 13, 2019. This new round brings Spreedly's total funding to $81.1M to date.