Sipree, Inc.

Sipree is a cloud-based service company that makes it easier for companies to pay consumers, partners, vendors, and affiliates around the world. Sipree addresses nuisance...

FOUNDING YEAR: 2012 LOCATION: United States
Last Update: 01/05/2020

About

Sipree offers payments that give customers and vendors unprecedented choice to receive money in their preferred financial network. This includes 250+ payment options, including Direct-to-Bank, Digital Debit Card, Balance (Amazon, PayPal, Starbucks), Premium Retailer Gift Cards, and more. Best of all: receipt of money happens in just seconds with no app downloads or onboarding required.Ideal for payments in:- Travel Goodwill, Baggage, Re-accommodations, IROP- Legal Services -- Class Action, Anti-trust, and Bankruptcy settlements- Contractor/Freelancer Economy- Consumer Rebates, Rewards and Loyalty- Other large-scale one-time payoutsSlash payment costs. Improve payout efficiency. Boost customer satisfaction. All from one simple, easy-to-use SaaS platform.

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Inner Circle Analysis

Sipree is a cloud-based service company that makes it easier for companies to pay consumers, partners, vendors, and affiliates around the world. Sipree addresses nuisance payments for Global 2000 companies and Governments by connecting them to alternative payment networks and providing the necessary integration, business rule logic, and payment accessories.

Focus

PRODUCTS & SERVICES

Cloud based payment platform. Sipree addresses nuisance payments for Global 2000 companies and Governments by connecting them to alternative payment networks and providing the necessary integration, business rule logic, and payment accessories.

REVENUE MODEL

Sipree follows software as service business model.

COMMENT

Sipree uniquely focuses on the long-tail payments problem – business payments to customers, small vendors, affiliates, non-payroll employees, and others payees, that are often still manual processes.

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