Digitzs, a modern and disruptive global payments API, announced on Tuesday that it has teamed up with Shark Tank alum, Kevin Harrington, to launch an equity crowdfunding campaign on Crowdfunder. The company is now seeking to raise $750,000.
As previously reported, Digitzs’ product was “developed by pros from Visa, PayPal and Kount, [and] the solution exploits weaknesses in legacy payment systems. The solution targets merchants who don’t swipe cards or use shopping carts – a trillion dollar market growing at 15% per year.”
In terms of traction, Digitzs has:
- Secured $1 billion in 2015 processing commitments from merchants
- Cemented a strategic deal with Moneris Bank, one of the largest banks in North America
- Brought in a top-notch management team that includes Head of Apple and Visa Payments, CFO of PayPal, Wells Fargo, JP Morgan Chase, Kount and more
“We come from Visa, PayPal and Apple and we are here to make payments painless for apps, marketplace and platform CEOs.”
Mark Miller, CEO of Digitzs’ client Ticket Socket, revealed:
“We have integrated with virtually every old school AND new-age payment provider around. I am so impressed with how Digitzs is solving all of our payment facilitation needs in a single API that I am considering an investment in this round.”
The company first caught Harrington’s eye on the hit show. He stated:
“I’ve processed billions in card payments for my infomercials on behalf of clients and it’s never an easy process. Digitzs has the team, the technology and the traction to be the next big disruptor in the trillion-dollar platform payments space. I’m thrilled to have an early stake in this promising company.”
Last year, $2.5 Million was pledged to Digitzs by investors through Crowdfunder, placing the company in 3rd place out of the 50 most successful equity crowdfunding campaigns for the period. Early investors of Digitzs include Mark C. Thompson (CEO coach to Virgin, Pinterest, Schwab, Amex, Apple) as well as Barbara Lazaroff (Co-Founder Spago and Creator Wolf Gang Brands).
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