• FOUNDING YEAR: 2010
    LOCATION:
    United States
    REGION:
    Last Update:
    27 Jun, 2019
    Phone:
    +1 414-879-5000

Description

FOCUS

PRODUCTS & SERVICES:
P2P payment app The service enables individuals to send and receive payments electronically in a manner that is designed to displace traditional check payments.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Online Retail Consumers
COMMENT
Popmoney differs from other person-to-person payment services in the manner that transactions take place. Popmoney transactions execute from the sender's checking account to the receiver's checking account directly, there is no requirement for a stored-value account for either participant.

PEOPLE

FOUNDERS:
Sanjeev Dheer
NUMBER OF EMPLOYEES:
1000+

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$30 Millions
FUNDING SERIES:
SERIES A
$18 Million Closed:
SERIES B
$5 Millions Closed:
SERIES C
$7 Millions Closed: Jan 2010
LISTED:
NO

LATEST RESEARCH