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Fintech Payments Corp Selected for Startup Pitch at Money 20/20
Chosen from Hundreds of Applicants as One of the Most Innovative and Relevant Startups in FinTech
FinTech Payments Corp has been selected to take the stage at Money20/20 in Las Vegas this October.
The co-founders of FinTech Payments Corp are Michele Tivey, an attorney/consultant and her husband, Scott Tivey, an experienced systems designer and payments consultant. “Scott was on the team that originally patented open-ended subscription payments with internet visionaries Michael Loeb and Jay Walker,” Michele Tivey said, “Now, as subscriptions evolve into even more frictionless commerce, Scott has designed the upgrade to enable payments processing systems to evolve along with it.” Michele says payments processing is failing at frictionless payments because until now, there’s been no innovation for processors. “Frictionless commerce lives and dies on the continuity of the underlying payment method. If the transaction doesn’t complete, your subscription box won’t arrive, no car will arrive when you use that app on your phone, and you can’t stream your favorite video or music.” She continued, “Processors are struggling to support this new economic model with outdated systems that aren’t completing enough transactions. We solve that problem with a safe, secure, agile, SaaS upgrade that slides right beneath the existing processing system.”
With 1700 CEOs and company Presidents among the 11,000 attendees expected at Money 20/20 this October, the conference continues to grow in prestige and reputation. “Fintech Payments Corp. was picked from hundreds of companies that our Content Team interviewed and vetted to ensure that we put forth what we feel are some of the most relevant and innovative startups in FinTech,” said Chris Souther, Director of Content, Money20/20 U.S. “Since our inaugural pitch event in 2015, some of today’s most successful new FinTech companies have presented at Money20/20, collectively raising nearly $200M in funding and boasting four exits to-date.”
In mid-July FinTech Payments Corp opened an equity round seeking a million dollars in seed investment and has 15% already committed. The company is now vetting processors and acquirers who will go live with the technology in 2018, and currently has agreements with one of the four processors it plans to on-board that year.
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