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Fit Pay
About
FitPay’s platform provides a phone-less and app-less experience.
- 1 - 10
Details
- Last Funding Type
- Seed
- Last Funding Money Raised
- $3.10M
- Industries
- Consumer,Electronics,FinTech,NFC,Payments
- Founded date
- Jan 1, 2014
- Number Of Employee
- 1 - 10
- Operating Status
- Active
Based in San Francisco, California, Fit Pay develops a contactless payment platform based on wearable devices. The platform is led by payment industry professionals with over 20 years of payment platform and identity authentication domain experience. It uses NFC technology, combined with card network tokenization to interact with point-of-sale terminals at retail locations. The platform’s phone-less and app-less experience allows consumers to conduct secure, frictionless payment transactions. Founded in 2014, Fit Pay raises seed funding from the mobile security products company, Giesecke & Devrient with participation from Plug and Play.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Feb 4, 2016 | Seed | $3.10M | 1 |
Giesecke+Devrient
|
— | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Giesecke+Devrient
|
Yes | Seed |
