TextPayMe
AcquiredOnline Payment Service | Amazon Pay
Seattle, United States · Founded 2005 · $97K raised
- Headquarters
- Seattle
- Employees
- 11–50
- Founded
- 2005
- Business Model
- B2C
- Website
- textpayme.com
- Total Funding
- $97K
- Last Round
- $97K SeedJan 2005
- Rounds
- 1
- Acquisition Date
- Jan 2006
About
Founded in 2005 and based in Seattle, Washington, TextPayMe was an SMS payment service that let users send money to other people using cell phone text messaging. Users could send funds to anyone in the US with an SMS-capable phone by texting 'pay amount phonenumber' to a designated number, with each payment confirmed via a user-created PIN. Transactions could be funded from a bank account or credit card, with a $500 monthly sending limit. The TextPayMe team joined Amazon in July 2006 and the service was folded into what became Amazon Payments.
Summary
TextPayMe is a Fintech company based in Seattle, United States, founded in 2005. It has raised $97K in total across 1 round, most recently a $97K Seed round in Jan 2005. Investors include Y Combinator and Amazon.
Tech & App Stack
3 technologies & apps tracked
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Funding History
Jan 2006
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Seed through Acquisition — per-round amounts, valuations, and who invested in each round.
Investors
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