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zipzap.me

Founded Year

2011

Stage

Incubator/Accelerator | Dead

Total Raised

$2.3M

About Zipzap

ZipZap is a payment network enabling consumers to easily buy digital currencies using cash and other payment options. The company's mission is to simplify and democratize payments worldwide. ZipZap promotes digital currencies to create payment solutions.

Zipzap Headquarter Location

21 Orinda Way #C-260

Orinda, California, 94563,

United States

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Expert Collections containing Zipzap

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

Zipzap is included in 4 Expert Collections, including Blockchain.

B

Blockchain

4,212 items

Companies and startups in this collection leverage blockchain technology for crypto trading, decentralized finance (DeFi), NFTs, and more.

P

Payments

2,305 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

7,344 items

US-based companies

D

Digital ID In Fintech

268 items

For this analysis, we looked at digital ID companies working in or with near-term potential to work in fintech applications. Startups here are enabling fintech companies to verify government documents, authenticate with biometrics, and combat fraudulent logins.

Latest Zipzap News

ZipZap creator ZED Network to provide $600bn remittance market with decentralised global payments platform

Jan 19, 2018

ZipZap creator ZED Network to provide $600bn remittance market with decentralised global payments platform ZipZap creator ZED Network to provide $600bn remittance market with decentralised global payments platform 19 January, 2018 at 6:30 AM Posted by: Zenobia Hegde Alan Safahi of ZED Network ZED Network , founded by Alan Safahi, also founder and CEO of payment platform ZipZap, has announced its intention to launch an integrated global payments platform featuring proprietary blockchain technology. This move aims to address imbalances and inequities in the Money Transfer Operator (MTO) market. Executed over Stellar to a network of sending and receiving MTOs in multiple worldwide corridors, the ZED platform offers a single point of integration for MTOs for the sending and receiving of remittances including a wallet, web app, mobile app, facility to exchange multiple currency pairs, and a robust back office with suite of analytics and reporting tools for compliance and monitoring. The current remittance market is fragmented with Western Union and the three other largest MTOs accounting for approximately 25% of global remittance volumes. The remaining 75% of remittance transactions are processed by thousands of small to mid-size MTOs which are hampered in their ability to scale due to technology constraints including resources and latency, illiquidity, and banks’ increasing reluctance to service smaller MTOs due to compliance overheads. This lack of competition and inability to challenge the large MTOs is directly responsible for the cost of remittances remaining high at around 8%. ZED, the digital token purpose-built for remittances will help solve these issues by providing a global currency for instant money transfer settlement and make available many currency pairs for immediate foreign exchange (FX) trades via global digital collection and distribution networks, directly benefiting the small-mid size MTOs and the estimated 250 million immigrant workers worldwide who transfer money home. Building the platform over Stellar’s distributed exchange provides ZED and its user base with numerous advantages including faster transaction times compared to Ethereum – an average five seconds vs 3.5 minutes – and cost savings due to dramatically lower transaction fees. Stellar also enables ZED to accept payments in BTC, ETH and XLM. By using smart contracts and a robust compliance back office and reporting, ZED will be able to satisfy KYC and AML regulatory requirements as well as compliance with SEC and CSA regulations. “Introducing the ZED platform and ZED token will not only benefit small to mid-size MTOs currently ill-served by the traditional banking system and subject to prohibitive licensing and transaction fees, it will also dramatically benefit millions of individuals worldwide, many of whom are unbanked and the worst affected by the current high transaction fees charged by the traditional MTOs,” said Alan Safahi, CEO and founder ZED Network. The ZED token will be available to purchase by MTOs worldwide for settlement utility purposes and by accredited investors in the U.S. and Canada and fully KYC investors in other countries. Comment on this article below or via Twitter:  @ VanillaPlus  OR  @jcvplus

Zipzap Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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  • When was Zipzap founded?

    Zipzap was founded in 2011.

  • Where is Zipzap's headquarters?

    Zipzap's headquarters is located at 21 Orinda Way, Orinda.

  • What is Zipzap's latest funding round?

    Zipzap's latest funding round is Incubator/Accelerator.

  • How much did Zipzap raise?

    Zipzap raised a total of $2.3M.

  • Who are the investors of Zipzap?

    Investors of Zipzap include Financial Conduct Authority, Blumberg Capital, Brock Pierce, 500 Global, Blockchain Capital and 5 more.

  • Who are Zipzap's competitors?

    Competitors of Zipzap include ZEPZ.

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