About FitPay
FitPay is a company based in San Francisco (United States) founded in 2014 was acquired by NXT-ID in May 2017. FitPay has raised $3.1 million across 2 funding rounds from investors including Comerica, Giesecke+Devrient and NXT-ID. The company has 18 employees as of December 31, 2018. FitPay operates in a competitive market with competitors including Kerv, Fidesmo, EVERING, McLEAR and PayinTech, among others.
- Headquarter San Francisco, United States
- Employees 18 as on 31 Dec, 2018
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TechnologyFinancial Services
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Funding Insights of FitPay
FitPay has successfully raised a total of $3.1M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.1 million completed in February 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in FitPay
FitPay has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Comerica, Giesecke+Devrient and NXT-ID.
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Startup accelerator
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Security technology is provided for digital infrastructure and financial platforms.
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Commercial banking services are provided to businesses and individuals.
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Investor details for FitPay
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Investments & Acquisitions by FitPay
Investment portfolio details for FitPay
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Financial Statements - FitPay
Detailed financials for FitPay
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Fitpay Comparisons
Peer comparison for FitPay
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Competitors of FitPay
FitPay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kerv, Fidesmo, EVERING, McLEAR and PayinTech, among others.
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Contactless payment rings are manufactured for wearable transactions.
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Wearable payment solutions are provided for contactless consumer transactions.
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Prepaid smart rings for touchless payments are offered to individuals.
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Develops and sells wearable rings for secure contactless payments and app management.
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Wearable payment solutions are offered by PayinTech for cashless transactions.
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Detailed competitors of FitPay
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Latest news on Fitpay
Complete news archive for FitPay
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Frequently Asked Questions about FitPay
FitPay was founded in 2014 and raised its 1st funding round 1 year after it was founded.
FitPay is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
FitPay is a funded company, having raised a total of $3.1M across 2 funding rounds to date.
As of Dec 31, 2018, the latest employee count at FitPay is 18.
Founded in 2014 in San Francisco, United States, FitPay operates in the technology sector, focusing on the design and production of GPS-enabled products. A range of devices, including smartwatches, fitness trackers, automotive navigation systems, marine electronics, and aviation equipment, is developed. These incorporate sensors for location tracking, fitness monitoring, and communication. Integrated software and hardware solutions are provided to ensure data accuracy for consumer and professional markets.
FitPay has 4 investors. Key investors include Comerica, Giesecke+Devrient, NXT-ID, and RocketSpace.