Overview

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Acquisitions
1 Acquisition
Total Equity Funding
$3.5M in 3 Rounds from 7 Investors
Headquarters:
New York, NY
Description:
Zipmark is a mobile payments transaction platform enabling businesses to send and receive digital paychecks securely.
Founders:
,
Categories:
Collectibles, Finance, Billing, FinTech, Mobile, Payments
Website:
http://www.zipmark.com
Social:

Company Details

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Zipmark enables businesses to send and receive 100% digital checks without risk, at a reasonable and transparent cost.

Zipmark's API can be easily integrated into web and mobile payments, offering a lower cost alternative to credit and debit cards; also by leveraging Zipmark QR codes users can pay for items such as rent, fees or subscriptions directly from paper invoices via the Zipmark iPhone app.

Zipmark was founded by Jake Howerton and Jay Bhattacharya.

Jay was the co-founder of Mobile Money Ventures (acquired by Intuit) and was with Citigroup for 7 years where he was responsible for emerging payments strategy including mobile, NFC and smartcards.

Jake is a technology focused entrepreneur and the former CTO of Sunshine Suites, Inc. Magazine's 15th Fastest Growing Real Estate Company in 2009. Jake is also active in creating the OpenTransact standard, an open and simple financial standard for authorizing transactions without revealing account credentials.

Funding Rounds (3) - $3.5M

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DateAmount / RoundValuationLead InvestorInvestors
Oct, 2013undisclosed amount / Convertible Note2
Aug, 2013$1.5M / Seed5
Dec, 2011$2M / Seed6

Acquisitions (1)

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DateAcquiredAmount
Nov 4, 2014Unknown

Current Team (4)

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Competitors (5)

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  • MasterCard provides payment processing products and solutions, and related consulting services.
  • PayPal provides online payment solutions to its users worldwide.
  • Square is a merchant services aggregator and mobile payment company that aims to simplify commerce through technology.
  • Venmo offers an app that allows users to share and make payments with friends for a variety of services from.
  • Visa is an American multinational financial services company that facilitates electronic payment systems throughout the world.

Offices/Locations (1)

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  • Central Office

    56 West 22nd Street

    9th Floor

    New York, NY 10010

    USA

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