DigitalPay Raises $1.2M in Seed Funding
Summary
DigitalPay, a San Francisco, CA-based digital payment provider for businesses to consumers, raised $1.2m in seed funding. The round was led by Temerity Capital Partners, Fenway Summer Ventures and Leranax LP. The company intends to use the funds to increase sales efforts, add staff, optimize features, and augment new and differentiated international payment options. Led by Chris Whipps, CEO, DigitalPay provides an enterprise SaaS digital payments platform. Services to these verticals include rebates, refunds, litigation settlements, and other one-time payments through digital debit cards, PayPal, Amazon, direct debit to bank, and more than 250 premium retailer options.
Funding
Amount
$1.2M
Total raised
Date
February 12, 2020
Announcement date
Investors
-
Lead investors
Company
-
Funded company
Classifications
industries
Fintech & Banking
applications
Web Shopping
AskAI Classifications
Labels
FinTech
Payments
SaaS
Linked Companies
Sipree, Inc.
$1M to $5M