FitPay Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 11

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $3.32M

FitPay General Information

Description

Developer of a technology payment platform designed to allow device manufacturers to add contactless payment capabilities to wearable devices. The company's platform offers flexible integration options with developer-friendly tools and documentation, including Trusted Service Management services, full-featured API, mobile SDK (iOS & Android) and a secure payment network tokenization scheme, enabling businesses to create customer loyalty, tap into recurring revenue streams, open new markets and differentiate their products in a competitive marketplace.

Contact Information

Website
www.fit-pay.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 9000 Crow Canyon Road
  • San Francisco, CA 94506
  • United States
Primary Industry
Financial Software
Acquirer
Garmin
Vertical(s)
Wearables & Quantified Self, TMT, Mobile Commerce, FinTech
Corporate Office
  • 9000 Crow Canyon Road
  • San Francisco, CA 94506
  • United States

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FitPay Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 09-Sep-2019 $3.32M Completed Generating Revenue
5. Merger/Acquisition 23-May-2017 Completed Generating Revenue
4. Product Crowdfunding 04-Feb-2016 Completed Startup
3. Seed Round 28-Jan-2016 Completed Startup
2. Grant 08-Dec-2015 $50K Completed Startup
1. Accelerator/Incubator 02-Sep-2015 Completed Startup
To view FitPay’s complete valuation and funding history, request access »

FitPay Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a technology payment platform designed to allow device manufacturers to add contactless payment capabilitie
Financial Software
San Francisco, CA
11 As of 2017

Yokneam, Israel
 

Santa Clara, CA
 
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FitPay Competitors (66)

One of FitPay’s 66 competitors is On Track Innovations, a Corporate Backed or Acquired company based in Yokneam, Israel.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
On Track Innovations Corporate Backed or Acquired Yokneam, Israel
Sequent (Financial Software) Venture Capital-Backed Santa Clara, CA
Worldpay Private Equity-Backed Cincinnati, OH
WePay Formerly VC-backed Palo Alto, CA
SafetyPay Formerly VC-backed Aventura, FL
You’re viewing 5 of 66 competitors. Get the full list »

FitPay Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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FitPay Former Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds
Comerica Bank Corporation Minority
Giesecke+Devrient Corporation Minority
LogicMark Corporation Majority
Plug and Play Tech Center Accelerator/Incubator Minority
RocketSpace Accelerator/Incubator Minority
To view FitPay’s complete investors history, request access »

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FitPay FAQs

  • When was FitPay founded?

    FitPay was founded in 2014.

  • Where is FitPay headquartered?

    FitPay is headquartered in San Francisco, CA.

  • What is the size of FitPay?

    FitPay has 11 total employees.

  • What industry is FitPay in?

    FitPay’s primary industry is Financial Software.

  • Is FitPay a private or public company?

    FitPay is a Private company.

  • What is the current valuation of FitPay?

    The current valuation of FitPay is .

  • What is FitPay’s current revenue?

    The current revenue for FitPay is .

  • How much funding has FitPay raised over time?

    FitPay has raised $3.1M.

  • Who are FitPay’s investors?

    Comerica Bank, Giesecke+Devrient, LogicMark, Plug and Play Tech Center, and RocketSpace have invested in FitPay.

  • Who are FitPay’s competitors?

    On Track Innovations, Sequent (Financial Software), Worldpay, WePay, and SafetyPay are some of the 66 competitors of FitPay.

  • When was FitPay acquired?

    FitPay was acquired on 09-Sep-2019.

  • Who acquired FitPay?

    FitPay was acquired by Garmin.

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