About

Switstack is a US-based company founded in September 2023.  We raised $3.5M in pre-seed funding in 2024 from venture capital firms Serena Capital, DNX Ventures, and Kima Ventures.

Why

EMV development and maintenance is time-consuming and expensive. Building an EMV Level 2 stack provides no competitive advantage by itself. Meanwhile, global EMV adoption is accelerating, creating increased demand for Level 2 solutions.
We built Moka to break down these barriers by simplifying EMV acceptance software development and compliance.

A solution to Accelerate EMV Projects

Moka is designed to be the first source-available framework that frees up resources and empowers developers. Whether building for Commercial Off-The-Shelf (COTS) devices or traditional PCI-PTS terminals, teams can focus on what matters for creating innovative payment services that stand out.

Our vision

Transform the payment industry

Switstack's mission is to transform the in-store payment ecosystem by evolving payment solution development. We provide a comprehensive ecosystem that simplifies software teams' work, enhances code quality, and speeds up release cycles.

Introducing

A next-generation EMV stack featuring state-of-the-art design & integrated development, testing, and maintenance capabilities.

Full EMV L2 & L3 Test Automation

Comprehensive virtualized functional testing tailored for developers, designed to simplify and accelerate EMV certification preparation.

Universal Platform

A fully compliant, secure EMV infrastructure providing standard APIs for COTS and PCI-PTS card acceptance platforms, designed specifically for application developers.

Our values

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Expertise

With 25+ years in global payments, our team brings deep industry knowledge from diverse ventures and markets. We've built solutions across multiple countries and payment verticals.

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Collaboration

We embrace an "inverted firm" model that extends beyond internal resources. By fostering external partnerships, we've built a platform where community members collaborate to create shared value through knowledge and experience exchange.

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Ownership

We believe in offering customers maximum autonomy. We believe that having full control over technology enables faster decision-making and project implementation. This is why Switstack offers source-available licenses.

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Software focus

We prioritize automated testing and software-first development. By automating 95% of EMV test plans and using a software-defined approach, we streamline the development, security, testing, and operations life cycles.

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Openness

We actively engage with the EMV software development community by sharing ideas, information, APIs, and code. Through collaboration with standards organizations, we help create better structures, improve development practices, and drive innovation.

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Growth

We continuously seek out new practices, learn from diverse experiences, and broaden our perspectives. Our industry needs to modernize its software development tools to match current engineering best practices.

Meet the Team

With 25+ years in global payments, our team brings deep industry knowledge from diverse ventures and markets.

Olivier Chauvineau
Founding Eng. • Founder

23 years in Payment

Amadis founder and ex-CTO, Ex-Mastercard, Ex-Montreal Exchange

Alexandre Munsch
CTO • Founder

15 years in Payment

Expert in card acceptance products design, Ex-Amadis, Ex-YouTransactor

Vincent Durieux
CEO • Founder

10 years in Payment

Ex-Stripe (Head of Terminal HW), Ex-Clover (SVP and Head of Hardware)

Emmanuel Haydont
CSO • Founder

25 years in Payment

Amadis Founder and ex-CEO, Ex-Mastercard, Ex-Ingenico