Wavir Inc.
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Wavir Inc. - overview
Established
2020
Location
Los Angeles, CA, US
Primary Industry
Financial Services
About
Based in California, US, and founded in 2020 by Brenna Curran, Carolina Nucamendi (CEO), Kim Burgaard Wavir Inc. , also known as Waivr, operates as a financial service company that provides payment application programming interface (API) services on behalf of merchants to enable customers to make payments and ensures that customers will have the required funds at the time of payment. In March 2022, Waivr raised USD 1. 4 million in pre-seed funding from Alumni Ventures Group, Costanoa Ventures, CRV, NextView Ventures.
Waivr is an operator of the fintech startup hopes to provide payment infrastructure geared to the subscription-based economy. Users can utilize their authentication data to execute transactions on their platform. It swiftly confirms the availability of money before proceeding to complete the payment, delivering funds to the merchant's account instantly. This capability enables merchant sellers to engage with customers via direct debit, reducing inadvertent customer churn.
The company uses a hybrid same-day ACH and Real-Time Payments (RTP) network to move money from customer to merchant within hours to eliminate bounces and payment failures because of credit cards.
Current Investors
CRV, NextView Ventures, Costanoa Ventures
Primary Industry
Financial Services
Sub Industries
Credit Collections & Services, Financial Services, Web Applications
Website
www.waivr.co
Verticals
FinTech, FinTech
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
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