ZipZap (Convertible Notes)
Funding Details
Awarder
StartEngine
Date Award
January 1, 2024
Vertical
Global Money Transfer
Premoney Valuation
$20,000,000
Valuation
$20,000,000
Funding Amount
$40,500,000
Company Info
Founding Year
2011
Traction
ZipZap has been recognized by the World Bank for offering one of the least costly options for remittances from Canada to China, ahead of major competitors like Western Union and MoneyGram. The company has shown growth in key performance indicators, with a significant number of registered senders, recipients, and transactions.
Revenue Amount
$14,400,000
Organizations Involved
PayZone, World Bank
Founders
Alan Safahi
Market
Financial Technology
Location
Orinda, CA, US
Company Description

ZipZap is a technology platform for moving money around the world.