In today’s CardFlash News Que: USAePAY (@Pay); CREDIT SESAME (funding); VELCRO PAY (merchants); JAWBONE (president).
USAePAY – @Pay’s integration with USAePay will allow fundraising organizations to use the most frictionless donation process on the market. @Pay’s technology allows people to donate in two simple clicks from an email, text message, paper bill, social media site or just about anywhere. @Pay is unique because the payment process occurs from the customers email account–the payments are processed through SMTP (Simple Mail Transfer Protocol)”whereas all other checkout technologies use HTTP (Hyper Text Transfer Protocol) and require a username and password or an app download. @Pay makes it easy to donate from any device that has email– whether it is a tablet, phone or laptop. This patented technology makes payments simple by using a software (email) that is already installed on all smartphones and tablets, and since the transaction occurs in email, there is no app to download or maintain.
CREDIT SESAME – Credit Sesame, a leading personal finance company focused on helping consumers monitor and manage their credit and loans, today has secured $16 million in Series D capital. The investment was led by Syncora Alternative Investments with IA Capital Partners as its advisor and with additional participations by Menlo Ventures, IA Capital, Globespan Capital, Inventus Capital and number of other investors, bringing the total capital raised by the Company to over $35 million to date. The new financing will enable the company to ramp up marketing, expand its consumer services for credit and loan management services and open offices in San Francisco. The Company expects to raise additional capital in the near future.
VELCRO PAY – Velcro Pay brings transparency to the credit card processing industry by shopping the rates and services with multiple providers on behalf of small business owners to ensure the small business owner is matched with the correct processor for their specific business type. Velcro Pay acts as a protective shield for small business owners who might not understand the nuances of merchant services; they make sure the small business owner does not get themselves into a contract that is unfair or has inadequate services included for their needs.
JAWBONE – Jawbone is pleased to announce the appointment of Sameer Samat as President of the company. Prior to joining Jawbone, Sameer was most recently the Vice President of Product Management at Google, responsible for a range of products including Google’s Shopping services. Starting later this month, Sameer will sit on the company’s executive team, taking direct responsibility for the Product and Engineering teams at Jawbone. Specifically, Sameer will oversee all Product Development, Product Management and Business Development, Software Engineering, Design and Product Experience and the CTO organization.