Company Overview

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Founded:
July 8, 2011
Employees:
9
Headquarters:
Birmingham
Funding:
$1.4M
Categories:
Mobile Payments, Mobile
Description:
Droplet is a mobile money app that enables users to load cash onto their phones and make payments.

Detailed Description

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At Droplet we had been watching payment for some time: technology has been changing the way the world interacted in every space but payment was still locked in the legacy systems of 30 years of retail banking. We knew that mobile was set to interrupt this state of play and our simple, user-inspired technology soon solved the payment challenge before moving on to provide a full suite of next-generation mobile commerce tools. Droplet is a mobile money app that lets you load cash onto your phone and send payments to anyone for free.

Droplet replaced cash and card-processing at POS with technology that sent and received payment from a phone as simply as sending email: No pricey upgrades, no clumsy plug-ins.

We discovered that people prefer paying with their phones as they could see at a glance exactly where they'd spent their money. Soon they started sharing their delight by Tweeting their payments. This meant that our merchants could talk directly to their customers about their experiences using social media

Current Team (6)

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Past Team (1)

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Funding Rounds (4) - $1.4M

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Investors (1)

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Offices/Locations (2)

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  • London

    2nd Floor

    25 City Road

    London, EC1Y 1AA

  • Office

    Faraday Wharf

    Birmingham Science Park

    Birmingham, B7 4BB

    GBR

Images (1)

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  • Zjc3ct8mpqobccqsjunt