Simpl
Simpl is a cardless payment network with embedded 1-Tap Checkout, Buy Now Pay Later and Buyer Protection, enabling consumers to check out online with one tap and repay across merchants on one consolidated bill every 15 days.
Simpl: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 1 Dec 2021 | Series B | $40 Mn | IA Ventures Valar Ventures LFH Ventures | source |
| 17 Aug 2017 | Series A | Undisclosed | Green Visor Capital Boillot Family Trust DIA Investments IA Venture Strategies Fund II Russell M Byrne SF Capital Investments The Oliver R. Grace, Jr. Millennium Trust | source |
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Who founded Simpl?
Simpl was founded by Nitya Sharma, Chaitra Chidanand in 2015.
How much funding has Simpl raised?
Simpl has raised $40 Mn across 2 tracked funding round(s), most recently on 2021-12-01. Figures are compiled from cited public sources.
Who are the investors in Simpl?
Investors in Simpl include IA Ventures, Valar Ventures, LFH Ventures, Green Visor Capital, Boillot Family Trust, DIA Investments, IA Venture Strategies Fund II, Russell M Byrne.
What does Simpl do?
Simpl is a cardless payment network with embedded 1-Tap Checkout, Buy Now Pay Later and Buyer Protection, enabling consumers to check out online with one tap and repay across merchants on one consolidated bill every 15 days.
Where is Simpl headquartered?
Simpl is headquartered in Bengaluru, Karnataka, India.
What is Simpl's business model?
Simpl's core value proposition centers on 1-Tap Checkout with no cards or OTPs, Interest-free credit on a 15-day cycle, Higher merchant conversion.
How does Simpl make money?
Simpl's cited revenue streams include Merchant fees on transactions, Late payment charges on consumers.