Webteh Inc.

188 Stoneybrook CT
Frederick, MD 21702
United States

Contact: Igor Grcman,

Phone: 301-579-5315

Industries
  • Financial services
  • Software
Company Type
  • Private company (not backed by venture capital firms)
Financing Stage
  • Seed
Financing Type
  • Debt capital
Financing Amount
  • Under $500 K
Management Bio
  • Igor Grcman, CEO, Global MBA in Digital Business
  • Damir Roso, CTO, University of Electrical Engineering and Computing (FER), Zagreb, Croatia, Graduated in Automation Sciences, with paper 'Navigating ship in shallow sea'
Board of directors
  • Igor Grcman, MBA/Masters Degree in Digital Business. Experience; Founded and led as CEO a fin-tech company recognized by Deloitte in 2013 as one of the Central European Technology Fast 50 (6th place) and the EMEA Fast 500 (127th place) Led project and, as CEO, company to in 2008 becoming the first CEE firm certified as a PCI DSS Level 1 – Service Provider.
  • Damir Roso, University of Electrical Engineering and Computing (FER), Zagreb, Croatia, Graduated in Automation Sciences, with paper 'Navigating ship in shallow sea' Experience: Personal achievements in software development 2004: built one of the first IPG in CEMEA region - WebPay. It was built in PHP and PERL, running on open BSD with mySQL. 2004: deployed company's corporate web using Plone CMS. 2007: migrated WebPay to Ruby and RoR version 1.2 2007: wrote osCommerce module for WebPay. 2008: developed a web shop platform whit RoR which allowed new merchants to enter into e-commerce business. 2008: migrated WebPay to and RoR version 2.1. Switched from SVN to GIT. 2008: integrated Maxmind fraud detection service into IPG. 2011: upgraded IPG to Rails 3.1 and added simulator for ACS server because visa ACS demo server was unstable. This helped merchants as they where using ACS for integration testing. Switched from mySQL to Oracle. CorvusPay uses this source code since 2013. 2011: built a wallet platform for Atlas Bank for issuing prepaid cards. The platform has a REST API for enrolling users, loading cards and money transfers. Test server is visible at the following address. 2014: added WebPay plugin to active_merchant gem. Here is the github repo for demo application. 2016: developed banking platform called Pagafasil for PSB bank which includes: JWT auntethication with 2FA KYC workflow card issuing with propriatery scheme based on MIFARE card acquiring with PAX POS device (NFC and EMV supported), device uses JSON API to talk with server Fiserv core bank integration bill payments voucher selling funds transfer Demo server is available at this link. Frontend is a SPA app built with Vue and backend is built with Roda and Sequel. I also wrote an accompanying mobile app using Framework7 and Cordova.
Previous Investors
  • N/A