• FOUNDING YEAR: 2014
    LOCATION:
    United States
    REGION:
    NJ
    Last Update:
    18 Oct, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Paydunk App It aims simplify the checkout process by bringing the familiar in-store payment experience (Swipe card, enter PIN, done) to mobile devices.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Smell great 247, simple home accents, little ones 24/7, The lullaby baby shop etc
EXISTING PARTNERSHIPS:
Comodo, Bluefin, NDMS, Kellogg
COMMENT
Paydunk differentiates itself by encrypting all of the user's personal and financial information then stores it locally in the app, on the user's phone. This eliminates the need to create online accounts or give information to a third party where it is stored on cloud servers.

PEOPLE

FOUNDERS:
Mike Marenick, Robert Mchugh
NUMBER OF EMPLOYEES:
1-10

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$500 K
SEED & PRIOR FUNDING:
$500 K
LISTED:
NO

LATEST RESEARCH