Cocoon
Curated by SignalOpen banking APIs provider offering low-cost payment solutions for businesses.
Overview
Cocoon operates as an open banking APIs provider, focusing on a payment platform that aims to deliver low-cost and low-friction payment solutions for businesses in the automotive retail, building supplies, healthcare, and travel sectors. The platform seeks to address high payment processing costs and customer experience issues by offering reductions in processing fees compared to traditional card-based methods. Cocoon's mission includes enhancing customer experience while ensuring strong authentication and minimizing chargeback risks. The company also aims to increase operational efficiency through process automation, positioning itself as a resource for businesses looking to optimize their payment systems.
Key facts
- Founded
- 2021
- Headquarters
- London, United Kingdom
- Stage
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- Industry
- Financial Technology
- Sector
- Banking Technology
Business model
- GTM channel
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- 5 products and services
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- Commercial model
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Contact
- Primary office
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