Wipit

paymentsmobile/digital wallet

STATUS: Acquired/Merged
FOUNDING YEAR: 2010
LOCATION: United States
Last Update: 17/07/2020

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About

Wipit is empowering cash-preferred consumers. Whether it's from the convenience of a mobile phone or a prepaid card, we are creating innovative new ways to use cash for financial services and load funds at thousands of locations nationwide. Wipit is strategically partnered with and invested in by Euronet Worldwide (NASDAQ:EEFT), H&R Block (NYSE: HRB), and Core Innovation Capital and best known for its partnership with Sprint and Boost Mobile. For more information, visit www.wipit.me.

MEDICI Analysis

Wipit was acquired by Urban FT in September 2015, it provides mobile payment solution that enables underbanked consumers from around the world to use cash for payments on their mobile phone or with an integrated prepaid card. The company provides access to alternative financial services such as international money transfer, mobile check deposit, bill payment, and prepaid wireless replenishment – from a mobile phone and payable with cash funds loaded to the user’s mobile wallet account.

company provided insights

Focus

People

FOUNDERS

Job Tucker

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Charles Crawford

Core Innovation Capital

Euronet Worldwide

H&R Block

Sean Redfern

Shawn Yeh

Momentum

FUNDED

YES

TOTAL FUNDING

$1000 K

DATE OF LAST FUNDING

Sep 2013

FUNDING SERIES

SERIES A  · $1000 K  · Sep 2013

LISTED

NO

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