Teller is a company that focuses on providing API solutions for bank accounts in the financial technology sector. Their main service involves offering an easy-to-use API that allows users to connect their bank accounts to applications, enabling account verification, money transfers, payments, and transaction viewing. The company primarily serves the financial technology industry. It was founded in 2014 and is based in London, England.
Expert Collections containing Teller
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Teller is included in 3 Expert Collections, including Digital Banking.
Companies and startups in this collection provide banking services to consumers and businesses, as well as enhance, automate, and/or digitize operations for banks and financial institutions.
Excludes US-based companies
Latest Teller News
Oct 14, 2023
| at CAGR of 12.5% News Provided By Share This Article Virtual Teller Machine (VTM) Market NEW CASTLE, DELAWARE, UNITED STATES, October 14, 2023 / EINPresswire.com / -- Virtual teller machine (VTM), also known as an interactive teller machine, is a banking service-oriented device for customers, where they can perform transactions while interacting through video conferencing from other branch locations. As banks and credit unions are focused on shutting down many branches to save costs, these virtual tellers are considered cost-efficient to provide customers with face-to-face support. These machineries provide various services such as customer-on-boarding, bill processing, loan processing, cash withdrawal, remote video conferencing, and other banking operations. According to a new report published by Allied Market Research, titled, " Virtual Teller Machine (VTM) Market , by Offering (Hardware, Software, Service), by Deployment (On-site, Off-site, Others), by Provider (Bank and Financial Institutions, Managed Service Provider): Global Opportunity Analysis and Industry Forecast, 2023-2032. " The virtual teller machine (vtm) market was valued at $1.6 billion in 2022, and is estimated to reach $5 billion by 2032, growing at a CAGR of 12.5% from 2023 to 2032. Research Methodology Increase in demand for cost-effective and secure solutions and surge in adoption of automation solutions in the banking sector is boosting the growth of the global virtual teller machine (VTM) market. In addition, increase in adoption of multifunctionality features in VTMs is positively impacts growth of the virtual teller machine (VTM) market. However, security issues and privacy concerns and high implementation cost is hampering the virtual teller machine (VTM) market growth. On the contrary, increase in adoption of video banking technology is expected to offer remunerative opportunities for expansion of the virtual teller machine (VTM) market during the forecast period. Get PDF Sample: https://www.alliedmarketresearch.com/request-sample/7315 Region Analysis: The Virtual Teller Machine (VTM) market is examined across four key regions: North America, Europe, Asia-Pacific, and LAMEA. North America analysis includes the U.S. and Canada. In Europe, the market trends in the UK, Germany, France, Italy, Spain, Netherlands, and the rest of Europe are explored. Asia-Pacific covers China, India, Japan, Australia, Singapore, and the rest of the region. LAMEA includes Latin America, Middle East, and Africa. The Global Virtual Teller Machine (VTM) Definition: Virtual teller machines are an efficient tool for financial and non-financial institutions to provide convenient and customized services to their customers in real-time. In addition, customers can perform banking transactions through virtual teller machines, while interacting with tellers located at call centers or other branches through video conferencing. Moreover, Interactive teller machines are a great example of modernization in personal financing. These machines are essentially evolved ATMs, and while somewhat limited in utility, VTM's are providing an interesting option for financial institutions to serve customers in extremely rural or urban areas. Inquire Here Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/7315 Virtual Teller Machine (VTM) Market Segmentation: By Offering: Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific) LAMEA (Latin America, Middle East, Africa) Key Benefits for Stakeholders This report provides a quantitative analysis of the virtual teller machine (VTM) market segmentation, current trends, estimations, and dynamics of the virtual teller machine market analysis from 2023 to 2032 to identify the prevailing virtual teller machine market opportunities. The market research is offered along with information related to key drivers, restraints, and opportunities. Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network. In-depth analysis of the virtual teller machine market segmentation assists to determine the prevailing virtual teller machine (VTM) market opportunities. Major countries in each region are mapped according to their revenue contribution to the global virtual teller machine (VTM) market forecast. Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the virtual teller machine (VTM) market players. The report includes the virtual teller machine (VTM) market analysis of the regional as well as global virtual teller machine (VTM) market trends, key players, virtual teller machine (VTM) market segments, application areas, and market growth strategies. Important Questions Answered in the Report: What are the key factors driving the growth of the global Virtual Teller Machine VTM market? Which region held the largest share in the global Virtual Teller Machine VTM market? What are the advantages of selling Virtual Teller Machine VTM? Who are the leading players in the global Virtual Teller Machine VTM market? What is the CAGR of the market during the forecast timeframe? Top Trending Report: About Us: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms the utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high-quality data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. David Correa
Teller Frequently Asked Questions (FAQ)
When was Teller founded?
Teller was founded in 2014.
Where is Teller's headquarters?
Teller's headquarters is located at 120 Charing Cross Road, London.
What is Teller's latest funding round?
Teller's latest funding round is Seed VC - II.
How much did Teller raise?
Teller raised a total of $5.19M.
Who are the investors of Teller?
Investors of Teller include Maven 11 Capital, ParaFi Capital, Framework Ventures, SciFi VC, Lightspeed Venture Partners and 4 more.
Who are Teller's competitors?
Competitors of Teller include Railsr, Swan, Cobase, Nymbus, OpenFin and 7 more.
Compare Teller to Competitors
Synapse develops a platform helping banks and developers work together. The technology involves developer-facing application programming interfaces (APIs) that allow companies to connect with banks to offer services, and also bank-facing APIs that allow banks to automate and extend back-end operations. It was formerly known as Synapse Payments. It was founded in 2014 and is based in San Francisco, California.
Fabrick is a open finance platform. The company offers payment solutions that enable and foster a fruitful exchange between players that discover, collaborate, and create solutions for end customers. Fabrick was founded in 2018 and is based in Biella, Italy.
Seyula provides a unified banking API that enables applications to connect to their users bank accounts.
Plaid operates as a company focused on financial technology, operating within the fintech industry. The company provides services that enable businesses to build fintech solutions, facilitating the secure and efficient connection of users' financial accounts to various applications and services. Its services are utilized by companies in the fintech sector. It was founded in 2013 and is based in San Francisco, California.
Railsr operates as a banking and compliance platform. It connects together a global network of partner banks with companies offering embedded banking and wallets known as banking-as-a-service, embedded rewards known as reward-as-a-service, embedded cards known as cards-as-a-service, and embedded credit known as credit-as-a-service. Railsr was formerly known as Railsbank. The company was founded in 2016 and is based in London, United Kingdom.
TrueLayer offers an open banking payments network. It helps startups and banks to drive products in financial services and supports account verification, know-your-customer (KYC) processes, and transactional data for account aggregation, credit scoring, and risk assessment. It was founded in 2016 and is based in London, United Kingdom.