# Push Cash

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/push-cash

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.pushcash.com
- Total disclosed funding: $4M
- Latest round: Seed (Sep 12, 2024)
- Investors on record: 6

## About

Founded in 2023 and based in California, US, Push Cash, Inc. is a financial technology company that provides instant account-to-account bank transfer services. In September 2024, Push Cash, Inc. raised USD 4 million in seed funding led by investor Foundation Capital, with participation from other investors from Affirm Holdings, Inc., Bleacher Report, Inc., PayPal Ventures, SeatGeek, Inc., and Uber Technologies Inc. The firm as of September 2024, is led by its co-founders, Eric Morse (CEO), Andrew Coover (technical co-founder), Christian Chew (founding engineer), and Ben Drucker (founding engineer).

Push Cash offers a real-time payment solution that overcomes the limitations of traditional bank transfer providers, improving user experience, speed, and security. Its API enables guaranteed deposits and withdrawals, instant bank transfers, and high authorization rates—up to 95%, compared to 70% with legacy systems. With a payments orchestration engine, Push Cash facilitates real-time withdrawals for nearly all users and supports high-limit transactions of up to USD 100,000, enhancing the capabilities of conventional processors.

The company plans to utilize the September 2024 funding to support instant bank transfers and improve fraud risk management.

## Funding rounds

- Seed, Sep 12, 2024, $4M — Foundation Capital, Uber Technologies Inc., Bleacher Report, Inc., SeatGeek, Inc., Affirm Holdings, Inc., PayPal Ventures

## Investors

- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Seed
- Uber Technologies Inc. — Seed
- Bleacher Report, Inc. — Seed
- SeatGeek, Inc. — Seed
- Affirm Holdings, Inc. — Seed
- PayPal Ventures (https://capitalatlas.ai/funds/paypal-ventures) — Seed