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BuyWithMe
About
BuyWithMe is providing a borderless payment ecosystem through QR code and Libra coins, where local merchants can offer deals to members
- New York,New York,United States
- 11 - 50
- https://www.buywithme.app
Details
- Last Funding Type
- Seed
- Last Funding Money Raised
- $282.50K
- Industries
- Banking,Blockchain,Communities,Cryptocurrency,E-Commerce,Financial Services,Group Buying,Mobile Payments,Payments,Transaction Processing
- Founded date
- Mar 1, 2009
- Number Of Employee
- 11 - 50
- Operating Status
- Active
- Legal Name
- BuyWithMe, Inc
BuyWithMe is the premier group-buying app where leading local merchants to offer exclusive limited-time offers to members of the BuyWithMe community. BUYWITHME MISSION: CREATE THE FUTURE OF PAYMENT AND COMMERCE.The BuyWithMe is a mobile digital asset wallet application that supports the balance management of your facebook libra coins code-scanning payment, as well as mobile app payment, that can be used anytime, anywhere. It allows users to easily make payments in physical stores via QR codes and facebook Liba coins.Get notified of nearby deals and offers. Restaurants, buffets, spas and salons, gaming & bowling, things to do, and the list is endless – BuyWithMe helps you save money through awesome deals on everything near you!Customers have one unique QR code in the profile screen, which is used to scan the bar code generated by the customer to customer account transfer money. This is another way to transfer the funds from one customer to another. You will not need any pos or any other infrastructure. You can manage your business with your mobile. Transactions via BuyWithMe app can be processed immediately, while offline transactions can be made by scanning the QR code, which will later be uploaded onto the blockchain. It allows users to easily make payments in physical stores via BuyWithMe wallet app with facebook Libra coins, Bitcoin, Ethereum or any type of cryptocurrency. All transactions broadcasted and updated on the blockchainBuyWithMe is headquartered in New York City and maintains an office in Austin where it was founded. BuyWithMe was founded by serial entrepreneur and value investor Andrew Moss, and refounded by an ambitious entrepreneur, Zsolt Sasdi.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jun 1, 2011 | Debt Financing | $5M | 1 | — | — | Detail |
| May 15, 2011 | Series C | $10M | 1 |
Bain Capital
|
— | Detail |
| Jul 6, 2010 | Series B | $16M | 2 |
Bain Capital Ventures
|
— | Detail |
| Jan 20, 2010 | Series A | $5.50M | 2 | — | — | Detail |
| Oct 9, 2009 | Seed | $180K | — | — | — | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Bain Capital
|
Yes | Series C |
|
Bain Capital Ventures
|
Yes | Series B |
Pinnacle Ventures
|
— | Debt Financing |
Matrix Partners
|
— | Series B |
Christian Dahlen
|
— | Series A |
Employee Profiles
Acquisition
BuyWithMe has acquired 6 organizations. Their most recent acquisition was LocalTwist on Mar 14, 2011. They acquired LocalTwist for 0.
|
Date
Company Name
|
Industry | Acquisition Type | Price | |
|---|---|---|---|---|
|
Mar 14, 2011
LocalTwist
|
E-Commerce | — | — | Detail |
|
May 3, 2011
|
Consumer | — | — | Detail |
|
May 15, 2011
Edhance
|
Coupons | — | — | Detail |
|
May 25, 2011
Groop Swoop
|
Advertising | — | — | Detail |
|
Aug 1, 2011
ScoopSt
|
Internet | — | — | Detail |
