Plastc company logo

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

plastc.com

Stage

Acquired | Acquired

Total Raised

$4.36M

About Plastc

Plastc brings all payment cards into one device, allowing users to pay any way and anywhere they want.

Plastc Headquarter Location

49 Powell Street 4th Floor

San Francisco, California, 94102,

United States

415-570-2877

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Research containing Plastc

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Plastc in 1 CB Insights research brief, most recently on Apr 13, 2022.

Expert Collections containing Plastc

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

Plastc is included in 2 Expert Collections, including Payments.

P

Payments

2,319 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

F

Fintech

7,442 items

US-based companies

Latest Plastc News

Can Curve Make Smart Cards Work Where Others Have Failed?

Jan 19, 2018

There have been a lot of smart card products announced over the last few years — Plastc, Coin, Stratos — that have generated a lot of buzz, but haven’t really had much success taking hold. Plastc blew up on launch and went under with $9 million worth of preorders unfilled. Coin did a little better: It managed to get cards into customers’ hands, but its product disappeared when it was acquired by Fitbit. But Curve , which is getting its first full product launch in London this week, is different from what has come before in the world of smart cards. “What separates Curve from all the other smart card products that have tried to launch and failed is that we aren’t just offering people a nifty gadget to pay with. We are offering consumers a better way to manager their entire financial lives and make better choices end to end,” said Curve CEO Shachar Bialick. Curve isn’t just a card, he said; instead, it’s a tool that allows users to have control over all their financial accounts in a single location in a mobile app. To make that possible, their smart card product consolidates all of a user’s credit and debit information into a single card and then uses that master card to switch between one’s various accounts. “By doing so, the app itself can keep track of nearly the entire breadth of consumers’ spending activities,” Bialick said. “Customers can log in, see their spend, set goals and really understand how they are spending.” Today, Curve helps consumers more easily track their finances. Bialick believes the upcoming Open Banking/PSD2 regulations will broaden Curve’s ability to expand a consumer’s view of their spending life, as banks are now required to let third-party apps access customers’ transaction data and make payments on their behalf (with permission, of course). That new transparency, according to Bialick, will help Curve track all of a customer’s spending — not just card transactions — providing a much fuller picture of one’s financials. Moreover, the app also offers customers a host of other useful goods — like the ability to be able to turn a card on and off, send instant text notifications on spending as well as alerts when customers are at risk of overspending balances or pre-set spending limits. The card’s most important feature, Bialick said, is its ability to allow customers to “go back in time” and change how they made their purchases. “So, say you are in a store, and for some reason you can’t log into our app and change the card you are using from your standard to maybe a store card you have in your wallet. Or perhaps you just forget. What we [do is] let people go back to the app within two weeks and switch the payment method to what you meant to use,” he explained. The customer gets the rewards points they’re entitled to without having to return the good and repurchase it. “In reality, very few people are that dedicated to capturing card points. But with this app, it really doesn’t take any dedication,” Bialick said. Other card platforms have failed by over-promising and under-delivering, but he noted that Curve has 100,000 satisfied customers for its product coming out of beta — and 50,000 more sitting on a waitlist. “A smart card that is just a new way to pay? No one needs that. But a smart card that actually makes you smarter about what you spend? We think there is a market for that — and so far, the numbers back that up,” Bialick said.

  • Where is Plastc's headquarters?

    Plastc's headquarters is located at 49 Powell Street, San Francisco.

  • What is Plastc's latest funding round?

    Plastc's latest funding round is Acquired.

  • How much did Plastc raise?

    Plastc raised a total of $4.36M.

  • Who are the investors of Plastc?

    Investors of Plastc include Edge.

  • Who are Plastc's competitors?

    Competitors of Plastc include Coin.

You May Also Like

MatchMove Logo
MatchMove

MatchMove provides end-to-end mobile wallet and payment card solutions to help businesses increase revenue and boost user engagement. It was founded in 2009 and is based in Singapore.

Obopay Logo
Obopay

Obopay is a mobile payment service in the US that lets consumers get, send and spend money from mobile phones. The Obopay management team is comprised of former executives from Visa International, Microsoft, Yahoo, Expedia, AT&T Wireless, Western Union, First Data Corporation, Norwest Bank and Chordiant Software.

Mswipe Technologies Logo
Mswipe Technologies

Mswipe Technologies enables merchants to ease the process of payment collection through acceptance of debit and credit cards using mobile phones. Mswipe's terminals are handy and reliable, with acceptance for all major types of cards.

MOL Global Logo
MOL Global

MOL Global is one of South East Asia's internet companies and owns 100% of both payment service provider, MOL AccessPortal Berhad (MOL) and, Friendster Inc. (Friendster). MOL has been operating and developing payment systems since 2000. MOL handles over 60 million transactions annually with an annual payment volume of over USD300 million. MOL leverages on a network of more than 600,000 physical and online payment channels. MOL is linked to 88 online banks in 9 countries worldwide.

FitPay Logo
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.

PayPal Logo
PayPal

PayPal is the safer, easier way to pay and get paid online. The service aims to allow anyone to pay in any way they prefer, including through credit cards, bank accounts, buyer credit or account balances, without sharing financial information. PayPal has quickly become a global leader in online payment solutions with more than 153 million accounts worldwide. Available in 190 markets and 18 currencies around the world, PayPal aims to enable global ecommerce by making payments possible across different locations, currencies, and languages. PayPal has received more than 20 awards for excellence from the internet industry and the business community -most recently the 2006 Webby Award for Best Financial Services Site and the 2006 Webby People's Voice Award for Best Financial Services Site.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.