Torus

Torus is a financial technology startup that provides an analytics platform for banks and payment service providers. The company's primary focus is to enhance the profitability of card payments businesses. It does this by offering tools that allow clients to analyze scheme fees, understand cost allocation, and identify cost-saving opportunities.

The platform is designed to serve issuers and acquirers, enabling them to manage and optimize transactional profitability at both the card and merchant levels. This includes support for re-pricing, Interchange++, and profit-based pricing for BIN sponsors. The platform also provides a solution for issuers who lack clarity on network costs and tend to overpay them. With Torus Advisors, these costs can be accurately analyzed and optimized in just a few clicks.

In addition to this, Torus also helps acquirers who previously managed profitability at the portfolio level quarterly and had no control over merchant-level margins. The platform reveals merchant-level profitability and allows for the optimization of pricing for unprofitable merchants, leading to an overall increase in portfolio profitability.

Torus operates in the financial technology market, serving banks and payment service providers. Its business model is based on providing a subscription-based analytics platform that helps clients increase their profitability. The company makes money by charging its clients a fee for using its platform.

Keywords: Financial Technology, Analytics Platform, Card Payments, Profitability, Issuers, Acquirers, Cost Analysis, Pricing Optimization, Merchant-Level Profitability, Portfolio Profitability.