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Presenter Profile
How they describe themselves: Cash Transaction network.
How they describe their product/innovation: How consumers can easily and conveniently pay their rent and auto-loans with cash at their local store, such as 7-Eleven.
Key Executives: Danny Shader (CEO & Founder)
Key Investors: True Ventures, Maveron, August Capital, Khosla Ventures
Key Partnerships: Retail partnership with 7-Eleven featuring a real-time connection to the PoS infrastructure in all 6,300 company-owned and franchised stores over PayNearMe's rails.
Key Customers: Greyhound bus, Amazon.com, Ria Financial, Progreso Financiero, InfoSend Inc, Lexicon Marketing, LLC, RJM Acquisitions and Automotive Credit Corp. PayNearMe serves three constituencies: retailers who want the foot traffic and commissions generated by accepting PayNearMe payments; merchants (payees) who can significantly grow their addressable markets by accepting cash; and consumers who benefit from faster, more convenient, and often less expensive means of paying for remote transactions.
Contacts:
Bus. Dev.: Mike Kaplan, mike@paynearme.com, 908-902-0497
Press: Stephanie Gnibus, GMK Comm., stephanie@gmkcommunications.com, 408-776-9727
Sales: Dave Litwak, dave@paynearme.com, 817-421-9990
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