$2,453,975 raised out of $3,000,000
Overview
Platform
Crowdfunder
Start date
Dec 31, 1969
Close date
Dec 12, 2019
Concept

We come from Visa, Apple, and PayPal and we’re here to make payments painless for software platforms..

Niche solution for the grossly underserved $1 Trillion platform space

Story

We come from Visa, Apple and PayPal. We’re here to make payments painless for software platforms that process ticket payments for festivals, donation payments for non profits and fine payments for city governments (all referred to as “merchants”).

According to Accenture, software platforms used by merchants are a top five trend. Outdated business practices and legacy systems in the payment space handicap the 9 largest card processors from capitalizing on this inevitable trend.

Before writing a single line of code, we interviewed 300 platform CEOs to uncover the perfect solution. We launched with our first platform partner in 2017. Today, we have 7 platforms integrated with $1 billion of potential processing volume for 2022.

The barriers to what we’ve created are high. Nearly half of last year’s Fintech acquisitions were of niche payment technology start-ups like Digitzs. Our goal is to capture a modest portion of the $1 trillion U.S. platform space and to sell the company by 2023 to a cash flush, yet legacy payment processor.

Country