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General Information

Offices

New York, USA
215 Park Avenue South
Suite 1101
New York, NY, 10003
USA

People

CEO / Co Founder
Co-Founder / Vice President of Products
Board Member
Board Member

Funding

TOTAL $40M
FUNDING TOTAL $40M
Seed, 5/2008
RRE Ventures
Series B, 8/2010
Opus Capital
RRE Ventures
Relay Ventures
$11M
Series C, 4/2011
American Express
Verizon Ventures
Rogers Ventures
Opus Capital
RRE Ventures
Relay Ventures
$19M
Private Equity, 10/2013
Early Warning Services
$10M

Tags

Payfone

Payfone is a leader in secure mobile authentication. Payfone’s suite of network authentication services provides unparalleled mobile security while eliminating friction from the customer experience.

The company is backed by American Express, Verizon Wireless, Rogers Communications, Early Warning and Bank of America, BB&T, Capital One, JPMorgan Chase and Wells Fargo.

Recent Milestones

  • Dollar
    Payfone received $10M in Private Equity funding. (10/18/13)
    Posted 10/20/13 at 7:42pm via sec.gov
  • Dollar
    Payfone received $19M in Series C funding. (4/13/11)
    Posted 4/13/11 at 5:38am via finsmes.com
  • Check
    Payfone — Payfone announces closing of $19 million strategic funding round (4/13/11)
    Posted 4/14/11 at 8:09am via payfone.com
  • Check
    Payfone added Michael Lee as Investor. (4/1/11)
    Posted 9/12/13 at 9:47am
  • Dollar
    Payfone received $11M in Series B funding. (8/2/10)
    Posted 8/2/10 at 8:21am via wsj.com
  • Dollar
    Payfone received in Seed funding. (5/1/08)
    Posted 6/13/13 at 3:12am
  • Check
    Payfone added Mike Brody as Co-Founder / Vice President of Products.
    Posted 3/10/10 at 10:43am
  • Check
    Payfone added Jennifer Moranz as Vice President Marketing.
    Posted 3/13/13 at 6:45am
  • Check
    Payfone added Kennath H. Stewart as VP Network Services.
    Posted 8/13/13 at 7:40pm
  • Check
    Payfone added Rohit Gupta as Director Business Development.
    Posted 3/8/13 at 10:11am
  • Check
    Payfone added Rodger Desai as CEO / Co Founder.
    Posted 3/10/10 at 10:43am

Videos

Above:

Payfone demoing at FinovateFall 2012

Added: 3/17/14

Screenshots

Sources

  1. RRE Ventures Source [edit]
  2. Apple Vet Makes First Venture Bet On Mobile-Pay Start-Up Payfone (blogs.wsj.com) [edit]
  3. Payfone Closes $19M Funding Round (finsmes.com) [edit]
  4. SEC (sec.gov) [edit]
  5. AMERICAN EXPRESS, VERIZON INVESTMENTS AND ROGERS VENTURES ADVANCE MOBILE PAYMENTS INDUSTRY WITH INVESTMENT IN PAYFONE (payfone.com) [edit]
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Last Edited 3/17/14

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