• FOUNDING YEAR: 2011
    LOCATION:
    United States
    REGION:
    TX
    Last Update:
    18 Oct, 2019
    Phone:
    +1 512-298-2774

Description

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.

PEOPLE

FOUNDERS:
Ted Fifelski, Doug Yeager
Board Members and Advisors:
Greg Wolfond, Tim Danford
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
Doug Yeager, Ted Fifelski

TRACTION

VALUATION / MARKET CAP:
$56.67 MM in 2015

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$10.1 Millions
SEED & PRIOR FUNDING:
$200 K
FUNDING SERIES:
SERIES A
$1.4 Millions Closed:
SERIES B
$8.5 Millions Closed:
LISTED:
NO

LATEST RESEARCH