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
- When was Thumzap founded?
- Thumzap was founded in January 2013.
- Who are the founders of Thumzap?
- Thumzap was founded by Erez Moscovich and Ari Last.
- What is Thumzap's primary sector?
- Thumzap's primary sector is Fintech and eCommerce.
- How much capital has Thumzap raised?
- Thumzap has raised a total of $3,000,000.
- What was a significant funding event for Thumzap?
- In February 2016, Thumzap scored $3 million in funding to enable third-party payment for online purchases, as reported by TechCrunch.