# Quinman SpA

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/quinman

- Industry: Internet
- Headquarters: Chile
- Website: www.iwanacash.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Aug 5, 2020)
- Investors on record: 1

## About

Quinman SpA operates as a financial technology company specializing in digital payment processing solutions. Their platform enhances transaction efficiency for both consumers and merchants through innovative mobile payment services.Founded in 2019 in Chile, Quinman SpA focuses on advancing digital payment solutions. The company has conducted 2 funding deals, with the most recent being a pre-Series A round in January 2022, raising USD 800,000 from investors including Broota SpA and Manutara Ventures. Meni Henigman serves as both CEO and founder, demonstrating a commitment to developing cutting-edge fintech solutions. The company's headquarters is located in Santiago, Chile.Iwanacash specializes in providing a suite of financial technology solutions aimed at enhancing the efficiency of digital payment processing. Their core product offerings include a comprehensive mobile payment platform that enables users to conduct transactions seamlessly across various devices. This service addresses key pain points in online transactions, catering to both consumers and merchants seeking secure and instantaneous payment methods. The platform facilitates point-of-sale transactions, peer-to-peer transfers, and bill payments, serving a diverse customer base that spans small businesses, large retailers, and individual users. Iwanacash’s services are primarily marketed in North America and select regions in Europe and Asia, demonstrating the company's commitment to expanding its footprint in high-demand markets for digital payment solutions.Iwanacash generates revenue through a multi-faceted transaction structure that encompasses subscription models, direct-to-consumer sales, and partnerships with retailers and service providers. Clients engage with Iwanacash’s platform through subscription plans that provide access to premium features, which include advanced analytics and enhanced security measures. Additionally, Iwanacash may offer partnerships with various retailers to facilitate seamless integration of their payment solutions at physical locations. Transactions are conducted with a fee structure based on the volume and type of services utilized, ensuring that the pricing is adaptable to the unique needs of each client. The company’s flagship mobile payment service stands as a significant contributor to its revenue, positioning Iwanacash as a competitive player in the digital payment landscape.In January 2022, Quinman SpA raised USD 800,000 in pre-Series A funding to support its growth initiatives. The company plans to enhance its product offerings with new features aimed at improving user experience and security in the mobile payment sector. Expansion into new markets, particularly in Europe and Asia, is also a priority, with strategic goals set for completion by the end of 2023. This funding will be utilized to bolster product development and market penetration efforts, ensuring that Quinman SpA can effectively meet the increasing demand for efficient digital payment solutions.

## Funding rounds

- Seed, Aug 5, 2020, $0.3M — Manutara Ventures

## Investors

- Manutara Ventures (https://capitalatlas.ai/funds/manutara-ventures) — Seed