Pay By Touch

company

About

Pay By Touch enables consumers to pay for goods and services with a swipe of their finger on a biometric sensor.

  • 10001 - max

Details

Last Funding Type
Series C
Last Funding Money Raised
$60M
Industries
Biometrics,Payments,Sensor
Founded date
Jan 1, 2002
Number Of Employee
10001 - max
Operating Status
Active

Solidus Networks, Inc., doing business as Pay By Touch, provides biometric authentication, personalized marketing, and payment solutions. It offers secure and convenient electronic transaction solutions. The company operates a biometric authentication network for loyalty and payments in the United States, Asia, and Europe. The company, through its network platform, enables the consumers linked to their financial accounts, personal identification information, and membership/loyalty accounts with the touch of a finger on a scanner. It also provides payment processing solutions for ACH, card-present and card-not-present debit, and credit transactions. The company’s eCheck provides one-touch debit from a shopper's existing checking accounts and transactions, which are processed over the ACH network. Its solutions for businesses include multi-lane biometric payment, single-lane biometric payment, personalized marketing, shopper ID services, payment processing, biometric check cashing, biometric multifactor authentication, and Internet PIN debit.

The company was founded in 2002 and is headquartered in San Francisco, California.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$60M
Pay By Touch has raised a total of $60M in funding over 2 rounds. Their latest funding was raised on Jan 26, 2006 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 26, 2006 Series C $60M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Pay By Touch is funded by 1 investors. Quince Associates are the most recent investors.
Investor Name Lead Investor Funding Round
Quince Associates Series C