Status
Acquired by IPP of America on November 19, 2009
Funding Received
$7.5 Million in 1 Round from 1 Investor
Headquarters:
Fairfield, NJ
Description:
Softgate Systems offers a retail payments exchange platform that connects retailers and billers with the cash-preferred consumer base.
Categories:
Financial Services, Finance Technology, Finance
Website:
http://www.softgatesystems.com

Company Details

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Founded:
1993
Contact:
Employees:
6 in CrunchBase

Softgate Systems has transformed the payments industry with the Retail Payments Exchange—the only open exchange connecting ISOs, integrated partners, service providers, merchants, retailers, and billers to leading services and technologies that meet the needs of the cash-preferred consumer base. Softgate also operates one of the largest national networks of independent neighborhood-based payment centers in the country, providing reliable bill payment and prepaid services to cash-preferred customers through the PayXchange service. Softgate Systems is the former IPP of America, which was established in 1993. In November 2009, IPP purchased Softgate Systems, Inc, an aggregator of prepaid services, and in 2010 evolved the corporate identity to Softgate Systems, marking the advancement of product offerings—bill payment, prepaid services, and international services.

Current Team (6)

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Funding Rounds (1) - $7.5M

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Products (1)

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  • Cb default image 58x58

    Payxchange

    Walk-in cash funded bill payment and prepaid products including ePins, Long Distance, debit...

Investors (1)

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  • Ec3d1c48a2574decb4b08bbc59cac19c

    Wellington Financial

    Wellington Financial LP is a privately held specialty finance firm providing operating lines of...

Offices/Locations (1)

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  • Office

    330 Passaic Avenue

    Fairfield, NJ 07004

    USA

Competitors (2)

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  • Aid4hgrv2ngnpiao737r

    PayNearMe

    PayNearMe is a cash transaction network enabling consumers to pay cash for goods and services...
  • Cb default image 58x58

    CheckFree

    CheckFree Corporation is the leading provider of financial electronic commerce services and...

Memberships (1)

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