Twisp
Twisp provides a cloud-native Financial Ledger Database and payment processors (ACH, Card) for fintech builders — neobanks, payment infrastructure companies, and brokerage platforms — needing a purpose-built, double-entry system of record with cryptographic audit trails.
- Company typePrivate
- Founded2021
- HeadquartersPortland, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Twisp does
Twisp provides a purpose-built Financial Ledger Database (FLDB) for fintech companies that need to own and operate their core financial system of record. The company's flagship product is a cloud-native, append-only ledger database built on AWS DynamoDB with a formally verified MVCC transaction layer, combining the scalability of distributed databases with the correctness guarantees of relational systems. The platform distinguishes itself through cryptographic integrity proofs (hash chains and Merkle proofs), layered accounting that distinguishes settled, pending, and encumbered balances, and programmable Transaction Codes that encode business logic as reusable double-entry formulas. Additional components include an ACH Processor covering the full NACHA lifecycle (ODFI origination, RDFI receiving, returns, NOCs, multi-bank routing, and webhook decisioning) and a Card Processor in beta with sub-200ms authorization, automated settlement, and dispute workflows across Visa, Mastercard, and other networks. Developers interact via GraphQL and gRPC APIs, with a Docker-based local development environment and pre-built product templates spanning brokerage, cards, credit, deposits, lending, mortgages, payments, and wallets.
The company's target customers include neobanks and digital banks, payment infrastructure companies operating FBO accounts, brokerage and trading platforms, and broader financial product builders needing to avoid the undifferentiated heavy lifting of DIY ledgers. Distribution combines a self-serve, API-first developer motion with direct enterprise sales for Dedicated Deployments requiring private isolation, SSO, multi-region replication, and custom SLAs. Twisp monetizes primarily through usage-based cloud pricing ($10 per 1M transaction read units, $30 per 1M write units, $1.25 per GB storage) with no platform fees or minimum commitments, supplemented by annual subscriptions for Dedicated deployments and separate billing for solution architecture and support services.
Twisp is a privately held company founded in 2021, headquartered in California, with co-founders Jarred Ward (CEO) and Michael Parsons (CTO). The company has raised $2.7M in seed funding from Liquid 2 Ventures (November 2021), operates an 11-50 person team, and maintains SOC 2 framework compliance with annual third-party penetration testing and built-in PCI DSS compliance for card processing workloads.
Twisp firmographics
Firmographics- Name
- Twisp
- Legal name
- Twisp Inc
- Website
- https://twisp.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Twisp provides a cloud-native Financial Ledger Database and payment processors (ACH, Card) for fintech builders — neobanks, payment infrastructure companies, and brokerage platforms — needing a purpose-built, double-entry system of record with cryptographic audit trails.
- Ownership category
- akta.pro rank
Twisp industry classification
Industry- Product category
- Fintech Infrastructure Software
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Services-Computer Processing & Data Preparation (7374)
- akta.pro primary industry
- Core Banking & Ledger Systems (Cloud Core, Deposits, Accounts) (FSAGAAAC)
- akta.pro secondary industries
- Tokenization, Network Vaults & Credential Management (FSAGABAF), Digital Payments & Money Movement (ACH/SEPA/FPS, Bill Pay, P2P) (FSAGAAAF)
Keywords
Where Twisp is headquartered
LocationHeadquarters
- HQ city
- Portland
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Twisp business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Infrastructure, Personnel, Marketing or Sales, Operations
Revenue model
- Cloud - Usage-Based Compute: Pay-per-use pricing based on transaction read units ($10 per 1M reads) and transaction write units ($30 per 1M writes). No minimum commitments, platform fees, or relationship fees. Customers pay only for actual usage of the financial ledger database.
- Cloud - Storage: Usage-based storage billing at $1.25 per GB for data stored in the cloud ledger database.
- Solution Architecture Services: Professional services for implementation of the Cloud Services, design recommendations, and solution architecture. Billed separately per Order Form or Statement of Work.
- Support Services: Support services as described on Order Form, billed in arrears at end of each month.
- Dedicated Deployment: Private deployment option with full data and resource isolation for enterprise customers. Volume discounts available. Contact sales for detailed pricing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Cloud - Pay-as-you-go usage-based pricing for transaction processing and storage |
| Subscription | Annual | Dedicated - Private deployment with full data and resource isolation for enterprise |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels4 records
Twisp product offering
Product offeringCore offering
Twisp provides a cloud-native Financial Ledger Database (FLDB) and associated payment processors (ACH and Card) that serve as the system of record for fintech companies. The Core Ledger offers double-entry accounting, layered balances, immutable history with cryptographic proofs, and interactive transactions, while the ACH and Card processors handle the full lifecycle of payment protocols. Customers access the platform via GraphQL and gRPC APIs under usage-based Cloud pricing or subscription-based Dedicated (private) deployment.
Product overview
Twisp provides a cloud-native financial infrastructure platform built around its proprietary Financial Ledger Database (FLDB). The core offering consists of the Core Ledger with double-entry accounting, layered balances (settled/pending/encumbrance), and immutable transaction history. Specialized processors extend the platform: the ACH Processor handles Automated Clearing House transactions with webhook decisioning and multi-bank routing, while the Card Processor (in beta) manages card authorization, settlement, and disputes. Developers interact via GraphQL and gRPC APIs, with optional local Docker environment for development. Twisp offers Cloud (shared, pay-per-use) and Dedicated (isolated, enterprise) deployment tiers, plus pre-built financial product templates for common use cases like brokerage, lending, and wallets.
Differentiator
Problem solved
Functional benefit
Products and services
- Financial Ledger Database (FLDB) A cloud-native, append-only ledger database with MVCC transaction support, cryptographic integrity guarantees, and strong consistency. Built for massively multi-tenant financial system workloads with zero-downtime migrations and serves as the foundational system of record powering Twisp's full platform.
- Core Ledger The foundational accounting engine providing double-entry ledger capabilities including layered accounting for settlement lifecycles, immutable history with cryptographic proofs, interactive transactions from read-committed to serializable isolation levels, velocity controls, and time-travel queries.
- ACH Processor A specialized component handling the complete ACH (Automated Clearing House) transaction lifecycle including ODFI origination, RDFI receiving, returns, corrections, webhook decisioning, and ledgering. Supports same-day, next-day, and standard ACH options with multi-bank routing and automated NACHA file generation/parsing.
- Card Processor Handles the full card lifecycle including authorization, clearing, settlement, chargebacks, and disputes with unified ledger tracking across any processor or issuing bank. Currently in beta with sub-200ms authorization response times, built-in PCI DSS compliance and tokenization, and support for Visa, Mastercard, and more.
- Cloud Deployment Shared cloud deployment with pay-as-you-go pricing including fine-grained security policies, unlimited tenants, GraphQL and gRPC APIs, interactive transactions, administrative console, and processors included. Billed via usage-based pricing on transaction read/write units and storage.
- Dedicated Deployment Private deployment with full data and resource isolation, single sign-on, multi-region replication, custom service level agreements, and volume discounts. Sold via direct enterprise sales engagement.
Quantifiable outcome
- Latency under 30ms for transaction processing
- +2 more outcomes
Companies that use Twisp
Customer profileSegments5 records
Ideal customer profiles5 records
Twisp technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature10 records
Twisp partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core, infrastructure and compliance.
- FiservcoreTwisp can integrate with a number of Fiserv core systems, enabling customers to connect Twisp's accounting core with Fiserv's banking and payment infrastructure.
- LithiccoreTwisp natively processes Lithic transaction webhooks, including ASA (Account Spend Allocator) transactions, providing seamless card processing integration.
- MarqetacoreTwisp natively processes Marqeta transaction webhooks, including JIT (Just-In-Time) funding transactions, enabling real-time card processing workflows.
- StripecoreTwisp natively processes Stripe Issuing and Treasury webhooks, providing integration with Stripe's card issuing and banking-as-a-service products.
- Amazon Web Services (AWS)infrastructureTwisp's entire infrastructure is hosted on AWS. All services are hosted on AWS with data located in AWS databases in the United States (except where requested otherwise). AWS KMS is used for encryption key storage.
- SOC 2 Framework (American Institute of Certified Public Accountants)complianceTwisp's Information Security Program follows the SOC 2 Framework criteria. The company undergoes independent third-party assessments to test security and compliance controls, and annual third-party penetration testing.
Scale indicators1 record
Recent moves6 records
Expansion highlights6 records
Twisp competitors and assessment
Company assessmentDirect peers
- Modern Treasury: Modern Treasury operates a payment operations platform with a strong ledger/accounting core and bank/ACH integrations — the most direct head-to-head competitor to Twisp's FLDB for fintechs and payment infrastructure companies.
- TigerBeetle: TigerBeetle is a purpose-built, distributed financial accounting database targeting the same "double-entry ledger as a database" problem Twisp solves, with similar emphases on correctness, performance, and OLTP financial workloads.
- Increase: Increase provides APIs for card issuing and banking infrastructure to fintechs, including internal ledger and account-servicing capabilities that overlap with Twisp's neobank and card-processing use cases.
- Finix: Finix is a payment infrastructure provider offering ledger, ACH, and card processing tooling to fintechs and ISVs — overlapping directly with Twisp's core ledger + processor platform.
Emerging players
- Highnote: Highnote is a modern card issuing and ledger platform for fintechs, with overlap in card-processing, account-management, and multi-tenant ledger use cases served by Twisp.
- Synctera: Synctera is an end-to-end banking-as-a-service platform pairing sponsor banks with fintech clients, competing for embedded-finance deals where Twisp's ledger + processors also fits.
Broad incumbents
- Stripe Treasury: Stripe Treasury is Stripe's banking-as-a-service product with embedded ledger functionality, leveraging Stripe's distribution to offer a vertically integrated alternative for fintechs who might otherwise use Twisp.
- Unit: Unit is a banking-as-a-service platform with built-in ledger, accounts, cards, and lending infrastructure serving fintechs and embedded-finance use cases that overlap with Twisp's full-stack offering.
- Column (Bank): Column is a chartered, developer-first bank offering APIs for accounts, ACH, wire, and ledger services — a comparable regulated infrastructure provider competing for the same fintech buyer.
Others
- Alloy: Alloy provides identity, KYC/AML, and fraud infrastructure to fintechs — adjacent to Twisp's compliance-sensitive customer base rather than a direct ledger competitor, but frequently evaluated in the same procurement.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Twisp social profiles
Digital presenceTwisp compliance and trust
Trust signalCompliance2 records
Twisp financial estimates
Financial estimateRevenue estimate
Valuation estimate
Twisp leadership team
Management profileNumber of profiles
Profiles2 records
Twisp funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Twisp M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Twisp
What does Twisp do?
Twisp provides a cloud-native Financial Ledger Database (FLDB) and associated payment processors (ACH and Card) that serve as the system of record for fintech companies. The Core Ledger offers double-entry accounting, layered balances, immutable history with cryptographic proofs, and interactive transactions, while the ACH and Card processors handle the full lifecycle of payment protocols. Customers access the platform via GraphQL and gRPC APIs under usage-based Cloud pricing or subscription-based Dedicated (private) deployment.
Is Twisp a public or private company?
Twisp is a private company. It is classified as venture growth investor backed and is currently operating.
When was Twisp founded?
Twisp was founded in 2021. It employs 11 to 50 people.
Where is Twisp based?
Twisp is headquartered in Portland, United States, in the North America region.
How does Twisp make money?
Five revenue lines are on record. Cloud - Usage-Based Compute is the primary driver. The others are cloud - Storage, solution Architecture Services, support Services and dedicated Deployment.
Who are Twisp's main competitors?
Direct peers on record are Modern Treasury, TigerBeetle, Increase and Finix. Emerging players are Highnote and Synctera. Broad incumbents are Stripe Treasury, Unit and Column (Bank). Alloy is listed as an others.
Does Twisp have an API?
Yes. Twisp provides GraphQL and gRPC APIs for interacting with the accounting core. GraphQL endpoint: https://api.us-east-1.cloud.twisp.com/financial/v1/graphql. gRPC endpoint: https://api.us-east-1.cloud.twisp.com:50051. Authentication via OIDC JWT tokens (Authorization: Bearer header with x-twisp-account-id header) or AWS IAM with presigned GetCallerIdentity requests exchanged for OIDC tokens. Twisp also supports REST and OData for integration with external services. Developer documentation is at www.twisp.com/docs.
What industry is Twisp in?
Twisp's product category is Fintech Infrastructure Software. Its primary akta.pro industry code is FSAGAAAC, Core Banking & Ledger Systems (Cloud Core, Deposits, Accounts), with a secondary code of FSAGABAF, Tokenization, Network Vaults & Credential Management. Its NAICS code is 52232 and its SIC code is 7374.