Company Overview
Snapshot
Founded in January 2013 by Erez Moscovich and Ari Last, Thumzap operates with 11–50 employees. The company has secured $3,000,000 across one funding round from 4 investors. In February 2016, Thumzap received funding from investors including Yuval Chomski.
Business overview
Thumzap provides a streamlined solution for splitting checks on mobile or online orders, and for third-party payments. Its core technology enables users to send requests for in-app purchases, which can then be paid without requiring a digital wallet setup or credit card entry, by integrating with existing payment methods in app stores. The company serves the mobile payments, payments, and e-commerce markets, operating within the Fintech and eCommerce sectors.
Strategic signal
In February 2016, Thumzap secured $3 million in funding, as reported by TechCrunch. This investment highlights continued investor interest in solutions that simplify online and mobile payment processes, particularly those addressing the challenge of third-party payments for digital purchases. The funding signals market validation for Thumzap's approach to facilitating easy payment for dependents or shared expenses, suggesting potential for growth in the evolving fintech landscape.
Log in to access full profile ›Company Intelligence Q&A
- What is Thumzap's primary offering?
- Thumzap offers a simple way to split checks on mobile or online orders and facilitates third-party payments for purchases, integrating with existing app store payment methods.
- When was Thumzap founded and by whom?
- Thumzap was founded in January 2013 by Co-founder & CEO Erez Moscovich and Co-founder & CRO Ari Last.
- What significant funding event occurred for Thumzap?
- In February 2016, Thumzap received funding from investors including Yuval Chomski.
- How much capital has Thumzap raised in total?
- Thumzap has raised a total of $3,000,000 across one funding round.
- What is Thumzap's employee count?
- Thumzap operates with 11–50 employees.