SimplyTapp

paymentsmobile/digital walletp2p paymentsproximity mobile payments

FOUNDING YEAR: 2011
LOCATION: United States
Last Update: 01/05/2020

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About

SimplyTapp develops HCE-based cloud technology that enables issuers, banks, retailers to leverage mobile devices for proximity payments and other real-world transactions.

Focus

PRODUCTS & SERVICES

Mobile Banking, Coupons, QR Codes, Point of Sale, Payments, NFC, Mobile Payments. It leverage emerging payment and distribution technologies like NFC, host card emulation (HCE) and secure element in the cloud to add secure and flexible payment functionality to mobile applications.

MAIN CLIENTS

RBC Royal BANK

ClearBridge Mobile

Smart Catch.

EXISTING PARTNERSHIPS

AbNote - To provide integrated mobile solutions

COMMENT

SimplyTapp’s open card issuance platform allows merchants to use Near Field Communication (NFC) for cheaper payments because there are no interchange fees, with the same user experience as the recently launched Apple Pay.

Traction

VALUATION / MARKET CAP:

$56.67 M in 2015

People

BOARD MEMBERS AND ADVISORS

Greg Wolfond

Tim Danford

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Doug Yeager

Ted Fifelski

Momentum

FUNDED

YES

TOTAL FUNDING

$10.1 M

SEED & PRIOR FUNDING

$200 K

FUNDING SERIES

SERIES A  · $1.4 M  · ---

SERIES B  · $8.5 M  · ---

LISTED

NO

BASICS

FOUNDING YEAR:

2011

LOCATION:

United States

Views:

169 VISITORS | 341 VIEWS
LATEST FUNDING ROUND

$10.1 M

TOTAL EMPLOYEES
11-50

About

SimplyTapp develops HCE-based cloud technology that enables issuers, banks, retailers to leverage mobile devices for proximity payments and other real-world transactions.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
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