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Founded Year

2013

Stage

Unattributed - II | Alive

Total Raised

$2.2M

Last Raised

$200K | 5 yrs ago

About MakeCents

MakeCents is a contactless payment concept that provides retail shoppers with an alternative to the point of sale purchase using their mobile device.

Headquarters Location

56 Pine Street

Providence, Rhode Island, 02903,

United States

401-272-5800

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Expert Collections containing MakeCents

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

MakeCents is included in 2 Expert Collections, including Store tech (In-store retail tech).

S

Store tech (In-store retail tech)

1,561 items

Companies that make tech solutions to enable brick-and-mortar retail store operations.

F

Fintech

8,088 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

MakeCents Patents

MakeCents has filed 2 patents.

The 3 most popular patent topics include:

  • Alternative currencies
  • Bitcoin
  • Blockchains
patents chart

Application Date

Grant Date

Title

Related Topics

Status

5/14/2018

10/12/2021

Payment systems, Cryptocurrencies, Debit cards, Credit cards, Banking technology

Grant

Application Date

5/14/2018

Grant Date

10/12/2021

Title

Related Topics

Payment systems, Cryptocurrencies, Debit cards, Credit cards, Banking technology

Status

Grant

Latest MakeCents News

MakeCents Announces Mobile Wallet Beta Program Expansion with Seabra Foods

Dec 4, 2018

| Source: MakeCents Begins Exploring Development and Integration of Loyalty Programs and Supply Chain Solutions Initiates Marketing Process for Series A Funding Round NEW YORK, Dec. 04, 2018 (GLOBE NEWSWIRE) -- MakeCents, LLC, an innovative startup focused on developing customized applications in digital payments, loyalty programs, and supply chain management via its blockchain-based platform, today announced that the Company is expanding its mobile wallet application beta program at Seabra Foods, a grocery chain with a presence across New Jersey, Rhode Island, Massachusetts, and Florida, increasing MakeCents’ beta program from one Seabra Foods store location in Harrison, New Jersey to all 14 store locations. MakeCents’ initial beta program lasted approximately three months and was focused on perfecting its testnet. The expanded, comprehensive beta program will allow the Company to continue optimizing system performance and improving the customer and merchant experience among a larger group of testers, further proving its potential to achieve significant scale. The first MakeCents developed application is an easy-to-use, decentralized mobile wallet, which differentiates itself from other mobile payment solutions by incorporating cash transactions into the payment process. The wallet also introduces consumers to a first-of-its kind, revolutionary technology of permitting them to receive legal tender and coinage electronically to their phones following an in-store, cash purchase. Additionally, the wallet leverages its blockchain technology to reduce high fees and security risks generally associated with legacy, centralized payment systems. MakeCents has also begun the process of exploring the development and integration of loyalty programs and supply chain solutions as part of its full suite of offerings. While MakeCents is initially focused on the digital payments space, the Company’s ultimate goal is to create an end-to-end ecosystem that connects manufacturers, distributors, retailers, financial institutions, and consumers on a decentralized platform, thereby eliminating the need for unnecessary intermediaries and providing more efficient, secure, and inexpensive tools for businesses and individuals to leverage. In addition, MakeCents has initiated the process of marketing for its Series A round. The Company previously closed a seed fundraising round of approximately $2.5 million with contributions from a number of seasoned angel investors. MakeCents has been utilizing the funds to expand its professional team and to further support its application and product development efforts. About MakeCents Based in New York City, MakeCents is an innovative startup focused on developing customized applications in digital payments, loyalty programs, and supply chain management via its blockchain-based platform for a range of market participants and end-users. For more information, please visit the Company’s website at www.MakeCents.network . Contact Information

MakeCents Frequently Asked Questions (FAQ)

  • When was MakeCents founded?

    MakeCents was founded in 2013.

  • Where is MakeCents's headquarters?

    MakeCents's headquarters is located at 56 Pine Street, Providence.

  • What is MakeCents's latest funding round?

    MakeCents's latest funding round is Unattributed - II.

  • How much did MakeCents raise?

    MakeCents raised a total of $2.2M.

  • Who are the investors of MakeCents?

    Investors of MakeCents include DCU FinTech Innovation Center.

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Looking for a leg up on competitive, customer and technology insights?
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  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
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