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MOBILE & TELECOMMUNICATIONS | Mobile Software & Services / Payments
fit-pay.com

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Founded Year

2014

Stage

Acquired | Acquired

Total Raised

$3.15M

About FitPay

FitPay offers an entirely new way for transacting payments using any wearable device. It frees consumers from having to carry cash, credit cards or a smartphone. All personal data and card information is fully encrypted and not shared at the point of sale where it can be compromised. FitPay is a new, secure, touch-free way to pay.

FitPay Headquarter Location

San Francisco, California,

United States

Latest FitPay News

WUBS Renames as Convera and other Digital Transactions News briefs from 8/13/21

Aug 16, 2021

WUBS Renames as Convera and other Digital Transactions News briefs from 8/13/21 Western Union Business Solutions  (WUBS), formerly a unit of the Western Union group of companies, will rename itself Convera upon its recently announced $910-million acquisition by Goldfinch Partners LLC and The Baupost Group LLC. Patrick Gauthier, most recently head of Amazon Pay, has been announced as chief executive of Convera, which specializes in business-to-business cross-border payments. U.S Bank  has agreed to acquire Bento Technologies, a provider of payments services to small and mid-size businesses. Terms were not announced. Payments provider  GreenBox POS  reported second-quarter revenue of $6.4 million, up from $2.3 million for the same period last year, and processing volume of $440 million, a company record. The company also launched a pilot for its smart-contract stablecoin called Coyni. Payix , whose technology specializes in digital loan payments, announced it is working with LoanPro LLC, a collections-software company, to offer LoanPro clients integrated collections capability. Kareo Inc. , a provider of business-management software for health-care practices, said it has acquired PatientlySpeaking, a technology provider for practices and billing companies. Terms were not announced. Payment card manufacturer  CPI Card Group Inc.  said it will de-list its stock from the Toronto Stock Exchange in an action it expects will take effect Aug. 27. CPI recently listed on the Nasdaq Global Market. Nxt-ID Inc.  announced it will spin off its payments, authentication, and credential-management assets, including its  FitPay  unit, into a separate and independent company. It expects to complete the transaction by Nov. 1‌5. Michael Orlando, currently chief operating officer at Nxt-ID and president of FitPay, will become chief executive of the new company. Share

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Expert Collections containing FitPay

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

FitPay is included in 2 Expert Collections, including Restaurant Tech.

R

Restaurant Tech

784 items

Hardware and software for restaurant management, bookings, staffing, mobile restaurant payments, inventory management, cloud kitchens, and more. On-demand food delivery services are excluded from this collection.

F

Fintech

26,163 items

US-based companies

FitPay Patents

FitPay has filed 4 patents.

The 3 most popular patent topics include:

  • Antennas (radio)
  • Broadcast engineering
  • Microwave technology
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/4/2016

10/29/2019

Radio frequency antenna types, Antennas (radio), Radio electronics, Microwave technology, Broadcast engineering

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4/4/2016

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Grant Date

10/29/2019

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Related Topics

Radio frequency antenna types, Antennas (radio), Radio electronics, Microwave technology, Broadcast engineering

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Status

Grant

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