Groupee Pty Ltd
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Groupee Pty Ltd - overview
Established
2016
Location
Sydney, NSW, Australia
Primary Industry
Internet
About
Based in Sydney, Australia, and founded in 2016 by co-founders Jarred Baker and Simon Wells, Groupee is a provider of a mobile application and payments platform that provides group dining, allowing users to instantly split a bill with up to 20 friends at bars, restaurants, and cafes through their smartphones. In 2018, Groupee raised pre-seed funding from investor Investible. Groupee offers a mobile application that allows users to split bills, collect funds, and settle payments. By integrating with various payment systems and platforms, Groupee provides a hassle-free experience for its users, eliminating the need for cash exchanges or complicated bank transfers.
The company also offers a payments space by issuing reloadable prepaid Visa Debit cards to users as the primary tool for making group purchases instead of traditional peer-to-peer (P2P) products in which money is transferred between parties either before or after the main transaction occurs.
Current Investors
GPIC
Primary Industry
Internet
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.groupee.com
Verticals
FinTech, Mobile Apps
Total Amount Raised
Subscriber access only
Groupee Pty Ltd - employee data
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