Thumzap

Company Overview

Snapshot

Founded in January 2013 by Erez Moscovich and Ari Last, Thumzap operates with 11–50 employees. The company has raised $3M across one funding round from 4 investors. In February 2016, Thumzap secured $3M in funding to facilitate third-party payments for online purchases.

Business overview

Thumzap provides a solution for splitting checks on mobile or online orders and enabling third-party payments for purchases. Its core technology allows users to send payment requests for in-app purchases, which can then be fulfilled without requiring the payer to set up a digital wallet or enter credit card information, by integrating with existing payment methods in app stores. The company operates in the mobile payments, payments, and e-commerce sectors, serving markets primarily in the United States.

Company Intelligence Q&A

What is Thumzap's primary offering?

Thumzap provides an easy way for users to split checks on mobile or online orders and allows third parties to pay for someone else's purchases, integrating with existing payment methods in app stores.

When was Thumzap founded and by whom?

Thumzap was founded in January 2013 by Erez Moscovich and Ari Last.

What was a significant funding event for Thumzap?

In February 2016, Thumzap secured $3M in funding from investors including Yuval Chomski.

What markets does Thumzap serve?

Thumzap primarily serves geomarkets in the United States.