Ferry Pay Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Ferry Pay Inc. - overview

Location

New York, NY, US

Primary Industry

Financial Services

About

Based in New York, US, and founded in 2022 by Shastri Mahadeo and Trista Kempa, Ferry Pay Inc. operates as a financial technology company that offers payment solutions to businesses in the restaurants and hospitality sector.   The firm offers a patented technology that automates daily tip payouts, reducing cash handling costs and end-of-shift expenses by integrating with native POS and HCM systems to easily track, calculate, and split tips. Ferry's paycard offers quick access to payroll, usable as a Visa debit card, with options to transfer earnings to any US bank.


Employers benefit from increased F. I. C. A.


tax credits and reduced operational costs via increased payroll efficiency.


Current Investors

Phenomenal Ventures, Freespin Ventures

Primary Industry

Financial Services

Sub Industries

e-Financial, HR & Workforce Software

Verticals

FinTech

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.