About Quippi
Quippi is a Financial Services company based in San Diego (United States) founded in 2012, and was acquired by Emida in October 2015. US-Mexico cross border gift cards. It operates in the Financial Services and Retail sectors. Quippi has raised $2.43 million across 2 funding rounds from investors including Franklin Templeton, Accion and Avalon Ventures. The company was acqui-hired. Its focus areas include FinTech, Payments, Consumer Payments and Payment Cards. Its legal entity is Quippi Corporation. Its competitors include StoreCash, Gyft and Bitrefill; 3 of its 3 listed competitors have raised funding.
Company details
Quippi is the first fee-free International Shopping Card that empowers immigrants who live in the U.S. to support their loved ones abroad. Quippis cards are accepted at major retailers in Mexico, including Chedraui and Coppel. The customer buys a gift-card PIN offline or online and sends the PIN to hisher familyfriends in Mexico. The latter can now use the PIN to buy from partner stores or sites. The retailer on behalf of which Quippi releases the card is charged, not the consumer.
- Headquarters San Diego, United States
- Stage Acquired
- SectorsFinancial ServicesRetail
- Website quippi.com
- Social LinkedIn X Facebook
- Acquired by Emida (Oct 2015)
- Legal Name Quippi Corporation
- Total Equity Funding$2.43M (USD)
in 2 rounds
- Latest Funding Round$150K (USD), Series A
Oct 2019
- InvestorsFranklin Templeton
& 3 more
- Acquired byEmida
(Oct 2015)
Funding Insights of Quippi
Quippi has successfully raised a total of $2.43M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $150 thousand completed in October 2019. 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.
- Total Funding $2.43M
- Total Rounds 2
- Last Round Series A — $150,000
- First Round $2.28M
(Jan 2014)
- Investors Count 3
All 2 funding rounds of Quippi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2019 | $150,000 | Series A | – | Franklin Templeton Investments | – |
| Jan 2014 | $2.28M | Series A | – | Avalon Ventures, Accion | – |
4 investors in total: 4 institutional.
Investors in Quippi
Quippi has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Franklin Templeton, Accion and Avalon Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed and early-stage venture capital is provided to US companies. | avalon-ventures.com | Cambridge, United States | ||
Diversified investment management services are offered globally by the firm. | 1947 | franklintempleton.com | New York, United States | |
Foundation focused on early-stage investments in fintech sector | 1961 | accion.org | ||
| emida.net |
Investor details for Quippi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Quippi
4 dated milestones of Quippi across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Quippi is founded.
- Funding First funding round of $2.3M.
- Exit Acquired by Emida.
- Funding Latest funding round, Series A, of $150K.
Competitors of Quippi
Quippi has 3 listed competitors in our database, 3 of them funded. They include StoreCash, Gyft and Bitrefill.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| storecashapp.com | 2019 | San Jose, United States | $6.04M | Virtual gifting cards are generated via mobile app for retailers. | ||
| gyft.com | 2012 | San Francisco, United States | $11.9M | Gift cards are offered through a web and mobile marketplace. | ||
| bitrefill.com | 2014 | San Mateo, United States | $2M | Gift cards are retailed online via cryptocurrency payments. |
Detailed competitors of Quippi
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Quippi (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Frequently Asked Questions about Quippi
Quippi was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Quippi is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Quippi is a funded company, having raised a total of $2.43M across 2 funding rounds to date. The company's 1st funding round was a Series A of $2.28M, raised on Jan 2014.
Quippi is the first fee-free International Shopping Card that empowers immigrants who live in the U.S. to support their loved ones abroad. Quippis cards are accepted at major retailers in Mexico, including Chedraui and Coppel. The customer buys a gift-card PIN offline or online and sends the PIN to hisher familyfriends in Mexico. The latter can now use the PIN to buy from partner stores or sites. The retailer on behalf of which Quippi releases the card is charged, not the consumer.
Quippi has 4 investors. Key investors include Franklin Templeton, Accion, Avalon Ventures, and Emida.
Quippi operates through Quippi Corporation.
Yes. Quippi was acquired by Emida in October 2015.