• FOUNDING YEAR: 2014
    LOCATION:
    United States
    REGION:
    AZ
    Last Update:
    27 Jun, 2019
    Phone:
    +1 480-409-4599

Description

FOCUS

PRODUCTS & SERVICES:
Hypur provides financial institutions with the technology they need to provide banking services to cash-intensive businesses. Hypur's solutions include: Hypur Commerce, Hypur Diligence, Hypur Comply, Hypur ID, and Hypur Sight. Its products are specifically designed to address regulatory challenges presented by cash-intensive businesses, provide transparency and accountability for financial institutions and regulators.
MAIN CLIENTS:
Financial institutions
PRIMARY PROBLEM SOLVED:
Hypur’s integrated suite of products bridge the gap left by core AML/BSA systems, automating manual processes and providing data transparency that enables Hypur’s technology solutions address the host of issues that core BSA/AML systems aren’t equipped to handle. The company's solution enables financial institutions to bank cash-intensive businesses securely and profitably. Hypur makes it possible to protect against financial crime in highly regulated markets, thereby diminishing the need for categorical de-risking of entire industries.
COMMENT
Product that access cash intensive business with safety and convenience for businesses and their customers

PEOPLE

FOUNDERS:
Michael Sinnwell, Christopher E. Galvin Jr, David J. Querciagrossa
NUMBER OF EMPLOYEES:
11-50

TRACTION

VALUATION / MARKET CAP:
$14.5 MM in 2015

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$2.17 Millions
TOTAL FUNDING COMMENT:
Total amount received in venture funding round

LATEST RESEARCH