Torus is the winner of mpe 2024

Vilnius, 12.03.2024

mpe 2024 traditionally hosted payments Innovators and rising stars in the Dragon’s den style competition. Startups had the opportunity to showcase ground- breaking ideas for improving merchant payments in front of the
jury and the industry’s most distinguished audience.

The quality of entries was so impressive that judge's job was really tough this year! They first whittled down the competi- tion entries to 11 for the semi-finals start-up pitches on Day 1. And what an impressive line-up fpr this year’s cohort! Anyone could have been a winner, and the quality of the pitches was impressive.

mpe's Dragons, (Keren Aviasaf, Pavel Kaminski , and David Parker) eventually shortlisted three to enter the finals in plenary on day.

After consolidating the public scores and the judges scores, Torus was declared overall winner. With a clear pitch, Torus demonstrated how payments profitability and revenue recognition can be taken to a brand new level.

About Torus:

Torus believes digital payments, cornerstone of the cashless society, will become a real data-driven business and our ambition is to be at the forefront of this wave into a better future by providing more insights through our analytics platform. This starts with providing card issuers and merchant acquirers services to decrease cost and increase revenue and control (transparency) in an unequalled way. The Torus Analytics Platform enables issuers and acquirers to analyze scheme fees, manage control unit-level profitability and optimize pricing. In addition the Torus Consulting capabilities will advise and support to unlock the potential, ranging from joint business case production, implementation to actual repricing tracks to generate the profits forecasted.