Central Payments
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Central Payments

https://www.central-payments.com/
Last activity: 01.05.2024
Categories: TechnologyServiceProductPodcastNewsMarketplaceIndustryFinTechDevelopmentB2C
About Central Payments: Central Payments is the payments subsidiary of Central Bank of Kansas City and is headquartered in South Dakota. Central Payments provides payment technology and solutions through its Open*CP Fintech API Marketplace, one of the only true bank-as-a-service payments platforms and the technology responsible for Central Payments’ rise to the fastest growing prepaid card issuer since 2015.* Along with its fintech accelerator program, Falls Fintech, Central Payments produces a podcast called Fintech Brews & News where you can find unique perspectives on how to bridge the gap between banking, startups, and the entire fintech industry. * Source: The Nilson Report, 2015 to 2019. About Central Bank of Kansas City: CBKC is a 60 plus-year-old family-owned Bank located in the heart of Kansas City, Missouri. We are one of approximately 100 financial institutions in the country certified as a Community Development Financial Institution (“CDFI”) and have enjoyed this designation since 1998. A CDFI takes on as its mission a focus on delivering services to a demographic that has historically not enjoyed the benefits of affordable and accessible financial products. Since inception, we have been committed to developing and offering products and services that are responsive to the unique needs of the neighborhoods we serve. Due to our steadfast commitment to value for the low- and moderate-income consumer, we have earned a national reputation for excellence in serving the LMI community. Our CRA rating of “Outstanding” (which we have maintained since 1995), is a reflection of our view that it is a privilege to be a CDFI and to serve the most urban and historic neighborhoods of Kansas City. Central Bank of Kansas City is a Member of the Federal Deposit Insurance Corporation.
Followers
1.15K
Mentions
7
Location: United States, South Dakota, Dell Rapids
Employees: 51-200
Total raised: $30M
Founded date: 2012

Funding Rounds 1

DateSeriesAmountInvestors
15.08.2022-$30M-

Mentions in press and media 7

DateTitleDescription
01.05.2024Central Payments, Street Charity, and Discover Leverage PayCP to Launch a National Prepaid Card to Help Feed the HungryStreet Charity is leveraging Central Payments' innovative payout platform, PayCP, to distribute cards to donors. PayCP is a turnkey solution allowing businesses, or nonprofits like Street Charity, to easily process disbursements for many di...
15.08.2022Central Payments lands $30m, spins out from Central Bank of Kansas CityUS fintech Central Payments has raised $30 million in growth equity led by Castle Creek Capital with participation from Launchpad Capital. Central Payments raises $30m The company says the transaction spins the firm out from Central Bank of...
13.08.2022Central Payments Closes $30M Growth Equity FundingCentral Payments, a Sioux Falls, SD-based fintech solutions provider, completed a $30m growth equity raise. The round was led by Castle Creek Capital with participation from Launchpad Capital. The company intends to use the funds to continu...
12.08.2022Central Payments Closes $30M Growth Funding SIOUX FALLS, SD, Central Payments, architect of the award-winning Open*CP Fintech API Marketplace, has completed a $30 million growth equity raise. >> Click here for more funding data on Central Payments >> To export Central...
11.08.2022Central Payments Closes $30 Million Growth Equity RaiseTrent Sorbe, Founder & President, Central Payments “Since inception, we have remained steadfast in our belief that new technology and the stability of a bank charter create opportunity for banks in fintech and embedded finance when othe...
02.02.2022Central Payments Kicks Off 2022 with Six Partner LaunchesTrent Sorbe, Founder & President of Central Payments I cannot think of a better way to build off our momentum from 2021 than to add these six companies to the Open*CP partner portfolio. SIOUX FALLS, S.D. (PRWEB) February 02, 2022 Centra...
09.02.2021Paysend to Waive Money Transfer Fees in Celebration of Chinese New YearWhile COVID-19 vaccines are within reach, in-person gatherings for Chinese New Year for an estimated 3.8 million Chinese Americans may not be possible. However, family and friends can still honor traditions by sending a digital red envelope...

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