Envisso: Turning Merchant Risk Into a Growth Strategy

Fadhilah Syara (Rara)
August 5, 2024

We’re excited to showcase Envisso, one of our recent additions to our portfolio companies. Envisso, formerly known as Kinetic, recently underwent a strategic rebranding to make the benefits of its solution clearer. This project was a collaboration between their core team and our Director of Brand Impact, Freddie Luchterhand.

Founded in 2022 by Tom Duncan and Rajiv Chandna, Envisso is now making risk rewarding—as an innovative provider of credit solutions and risk management for payments companies. Envisso provides advanced credit and risk solutions for payment companies by leveraging a deep understanding of financial risk and the power of AI to offer the most complete view of merchant risk possible. 

Safeguarding Payment Companies

At its core, Envisso's platform helps payment companies manage the risks associated with merchant transactions. Envisso addresses this by partnering with insurance companies to offer embedded insurance products that protect payment companies from merchant default to ensure transaction risks are covered. Envisso also builds a model to predict the likelihood of merchant failures, which offers a safer purchase experience for not only the payment companies but also the customers.

With Envisso’s platform, merchant onboarding processes are automated, providing real-time monitoring of credit, fraud, and compliance risks. Moreover, Envisso replaces outdated practices such as manual assessments that rely heavily on assumptions instead of data. Envisso also goes beyond managing credit risk, getting more involved in helping payment companies by spotting if merchants are selling unauthorized items, breaching any laws, or engaging in transaction laundering by analyzing data from payment companies and monitoring merchant activities.

Improving Merchants’ Cash Flow

For merchants, the lag between providing goods and services and receiving payment is a significant growth barrier for their business. Envisso’s solutions allow payment companies to process transactions immediately to reimburse merchants for the cost of their goods and services, thereby improving merchants’ cash flow.

Growing Insurance Companies

Partnering with insurance companies also brings growth opportunities for the insurers. Envisso opens up ways for them to venture into new categories and higher-risk areas, offering opportunities to expand their top-line revenue without increasing their risk appetites.

We proudly participated in Envisso’s early funding round in 2023. We’re excited to support Envisso in its growth journey and are looking forward to seeing how it continues to make waves in the payments landscape.

#activeintelligence

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We’re excited to showcase Envisso, one of our recent additions to our portfolio companies. Envisso, formerly known as Kinetic, recently underwent a strategic rebranding to make the benefits of its solution clearer. This project was a collaboration between their core team and our Director of Brand Impact, Freddie Luchterhand.

Founded in 2022 by Tom Duncan and Rajiv Chandna, Envisso is now making risk rewarding—as an innovative provider of credit solutions and risk management for payments companies. Envisso provides advanced credit and risk solutions for payment companies by leveraging a deep understanding of financial risk and the power of AI to offer the most complete view of merchant risk possible. 

Safeguarding Payment Companies

At its core, Envisso's platform helps payment companies manage the risks associated with merchant transactions. Envisso addresses this by partnering with insurance companies to offer embedded insurance products that protect payment companies from merchant default to ensure transaction risks are covered. Envisso also builds a model to predict the likelihood of merchant failures, which offers a safer purchase experience for not only the payment companies but also the customers.

With Envisso’s platform, merchant onboarding processes are automated, providing real-time monitoring of credit, fraud, and compliance risks. Moreover, Envisso replaces outdated practices such as manual assessments that rely heavily on assumptions instead of data. Envisso also goes beyond managing credit risk, getting more involved in helping payment companies by spotting if merchants are selling unauthorized items, breaching any laws, or engaging in transaction laundering by analyzing data from payment companies and monitoring merchant activities.

Improving Merchants’ Cash Flow

For merchants, the lag between providing goods and services and receiving payment is a significant growth barrier for their business. Envisso’s solutions allow payment companies to process transactions immediately to reimburse merchants for the cost of their goods and services, thereby improving merchants’ cash flow.

Growing Insurance Companies

Partnering with insurance companies also brings growth opportunities for the insurers. Envisso opens up ways for them to venture into new categories and higher-risk areas, offering opportunities to expand their top-line revenue without increasing their risk appetites.

We proudly participated in Envisso’s early funding round in 2023. We’re excited to support Envisso in its growth journey and are looking forward to seeing how it continues to make waves in the payments landscape.

#activeintelligence

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