TextPayMe

Acquired

Seattle · Founded 2005 · $97K raised

Fintech
YC S05
Headquarters
Seattle
Employees
11–50
Founded
2005
Business Model
B2C
Total Funding
$97K
Last Round
$97K SeedJan 2005
Rounds
1

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, 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 Continuity Fund and Amazon.

Tech & App Stack

3 technologies & apps tracked

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Funding History

AcquisitionJan 2006
$3.0M

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Investors

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