Sipree
Latest round
- Series A
Last raised
- Feb 2020
Total raised
- $3.7M
Investors
- 3
About Sipree
Sipree, Inc., founded in 2011 and headquartered in San Francisco, US, specializes in digital payment solutions. The company has undergone no notable pivots in its operations. The CEO, Shafiu Shuaibu, has a history in the tech industry. Sipree, Inc.DigitalPay offers a robust suite of digital payout solutions designed to streamline financial transactions for both businesses and consumers. Their primary service enables instant digital payments, eliminating traditional payment methods that are often costly and time-consuming. By providing tailored payment options, DigitalPay caters to various end-use cases, including claims, rebates, refunds, and other one-time payments. The platform is particularly beneficial for industries requiring efficient, secure, and trackable payment solutions, such as legal settlements, consumer rebates, and corporate incentives.DigitalPay generates revenue through its enterprise SaaS model, centralizing clients' payment workflows and systems of record. Businesses subscribe to the platform to facilitate digital payouts for their customers, which enhances transaction efficiency and reduces administrative costs. DigitalPay emphasizes a value proposition that includes significant cost savings tied to the elimination of paper checks, postage, and management time. The firm engages with clients across various segments, including B2B partnerships and direct-to-consumer transactions, positioning itself as a key player in the digital payment landscape.Sipree, Inc. is poised for growth with plans to launch new products aimed at enhancing its digital payment services.2 mn, the company will utilize this capital to expand its market presence in North America and selected European regions.
Who invested in Sipree
3 investors across 2 rounds
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Questions about Sipree
Who invested in Sipree?
Sipree has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Sipree raised?
Sipree has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Sipree last raise money?
Sipree's most recent round on record is a Series A, in Feb 2020.
What does Sipree do?
Sipree is a financial services company.
Where is Sipree headquartered?
Sipree is headquartered in San Francisco, US.
Which VCs invest in companies like Sipree?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Sipree's stage. Their profiles are linked below.
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