Fundz

Samsung Invests In Skipify To Accelerate Skipify's Next-Gen Digital Wallet

PRIVATEOct 19, 2023

Round Type

Funding Round

Bay AreaFinancial Services

Investors

Synchrony VenturesPay Pal VenturesAmex VenturesAmerican ExpressSkipifySamsung NEXT

Description

Skipify, a fintech company, is announcing a strategic investment from Samsung Next, an investment group within Samsung Electronics. The investment signals Skipify's commitment to continue improving shopper purchasing experiences both online and in-stores. Skipify's Connected Wallet is a next-gen digital wallet that connects Merchants, Shoppers, and Financial Institutions at the moment of purchase for the first time. Skipify's Connected Wallet is linked with the world's largest financial institutions such as American Express.

Who else raised in Financial Services around the same time

Companies in the same sectors as Skipify that raised within 45 days of this round, from Fundz verified event records.

  • Banxware raised $16M (Funding Round) on December 1, 2023.
  • Flow 48 raised $25M (Funding Round) on December 1, 2023.
  • Enfuce raised $8.8M (Funding Round) on November 30, 2023.
  • Quartix raised $15M (Funding Round) on November 30, 2023.
  • Pacific Life raised $15M on November 30, 2023.
  • Paysend raised $65M (Corporate Round) on November 29, 2023.

Who to call at Skipify, and when

A new round usually means Skipify is about to hire and buy. The teams that reach out first get the meeting.

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  • Who you already know at Skipify, from your own LinkedIn network

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Company Information

Company

Skipify

Location

Bay Area, California, United States

About

Skipify is a fintech company based in San Mateo, California whose mission is to eliminate friction in the shopper's journey while helping merchants build even stronger relationships with their customers. Skipify’s Connected Wallet is a next-gen digital wallet that connects Merchants, Shoppers and Financial Institutions into the moment of purchase for the first time. Skipify has been recognized as a Fintech Top 50 company, a Leading 100 startup, and a CB Insights Retail Tech 100 winner. Skipify is backed by some of the world’s best, including Amex Ventures, PayPal Ventures, Synchrony, Okta Ventures, Point72 Ventures, Flourish Ventures, Infinity Ventures and MSD Partners. Through its Connected Checkout and Wallet product offerings, Skipify is building a network across merchants, financial institutions, and shoppers that helps the entire ecosystem win.

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Skipify raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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