Details

Last Funding Type

Series Unknown

Last Funding Money Raised

$3.98M

Industries

E-Commerce,E-Commerce Platforms,Local Business,Marketing,SaaS,Software

Founded date

Jan 1, 2013

Number Of Employee

11 - 50

Operating Status

Active

Fanbank’s proprietary automated commerce platform integrates a business’s existing point-of-sale (POS) system, mobile devices and their customers’ existing credit and debit accounts. Using Fanbank tools, small business members can merchandise and price their offline goods and services for sale online in seconds, and turn them into digital credits that can be purchased virtually, anywhere. Through an innovative account-linked stored value system built on top of the existing payments and mobile infrastructures, Fanbank enables one-click, mobile purchases of these credits which can be redeemed in-store, offering their customers a frictionless buying experience. In addition, Fanbank’s advanced transaction processing technology makes hundreds of data points associated with each transaction actionable so business owners can increase their selling opportunities and deliver smart, personalized experiences to their customers, wherever they are.