Also known as: Coin
A mobile wallet that allows you to pay everywhere credit cards areβ¦
Company was acquired
Event Year: 2012
Company was acquired
Event Year: 2012
Coin was a financial technology company focused on simplifying and securing the payment process for consumers. Their primary product, Coin 2.0, was a smart device designed to consolidate multiple credit, debit, gift, and loyalty cards into a single, credit card-sized device. This innovation allowed users to swipe or tap their cards at a wide range of merchants across the United States. While boasting high compatibility, Coin 2.0 acknowledged potential limitations due to the evolving nature of point-of-sale systems, advising users to carry a backup card. The device featured an electronic display and a single button for easy card switching, along with over-the-air updates to adapt to future payment technologies. Security features included auto-unlock and last known location tracking to protect user information and aid in recovery in case of loss or theft. Coin required a Social Security Number for identity verification and was designed for use within the USA.
Coin was a financial technology company focused on simplifying and securing the payment process for consumers. Their primary product, Coin 2.0, was a smart device designed to consolidate multiple credit, debit, gift, and loyalty cards into a single, credit card-sized device. This innovation allowed users to swipe or tap their cards at a wide range of merchants across the United States. While boasting high compatibility, Coin 2.0 acknowledged potential limitations due to the evolving nature of point-of-sale systems, advising users to carry a backup card. The device featured an electronic display and a single button for easy card switching, along with over-the-air updates to adapt to future payment technologies. Security features included auto-unlock and last known location tracking to protect user information and aid in recovery in case of loss or theft. Coin required a Social Security Number for identity verification and was designed for use within the USA.
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2013
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2013
Fintech
Fintech
Fintech -> Consumer Finance
Fintech -> Consumer Finance
Team size: 11
Hiring: No
Team size: 11
Hiring: No