Hyperwallet
| File:Hyperwallet Logo.png | |
| Private | |
| ISIN | 🆔 |
| Industry | Financial technology |
| Founded 📆 | 2000 |
| Founder 👔 | |
| Headquarters 🏙️ | San Francisco, California, United States |
Area served 🗺️ | |
Key people |
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| Services |
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| Members | |
Number of employees | |
| 🌐 Website | www.hyperwallet.com |
| 📇 Address | |
| 📞 telephone | |
Hyperwallet is a financial technology company headquartered in San Francisco, California.[1] The company operates an outbound payments platform by which businesses distribute compensation and other payments to individuals, including independent contractors.[2]
History[edit]
Hyperwallet was founded by Lisa Shields in Vancouver, British Columbia, in 2000. Private equity firm Primus Capital acquired an undisclosed stake in Hyperwallet following a round of growth equity financing in 2014.[3] Later that year, Hyperwallet moved its corporate headquarters to San Francisco.[4] Brent Warrington, CEO of SecureNet Payment Systems prior to its acquisition by Worldpay,[5] became Hyperwallet’s CEO in 2015.[6]
Services[edit]
Hyperwallet provides domestic and cross-border outbound payment services in a range of payment methods, including wire transfers, bank deposits, and prepaid cards.[7] Hyperwallet operates in more than 170 countries [8] and 150 currencies.[9] The company reports that its platform serves over 8 million worldwide payees and processes $5 billion annually.[10] Hyperwallet’s payout technology can be integrated through its APIs, which debuted in 2015.[1][11]
Hyperwallet also offers payment services to traditional financial institutions. Western Union integrated Hyperwallet’s technology into the company’s payments system in 2015.[12] Hyperwallet briefly provided a consumer-oriented mobile remittance service through its subsidiary hyperREMIT, which launched in 2010.[13] The hyperREMIT service was discontinued in early 2016.[14]
References[edit]
- ↑ 1.0 1.1 "Hyperwallet's New Freelance Payment API". PYMNTS.com. 6 October 2015.
- ↑ Antoinette Siu. "Hyperwallet Can Help You Pay Your Workers - In 150 Currencies". CMSWire. Retrieved 23 February 2016.
- ↑ "Vancouver's Hyperwallet Raises Growth Equity Financing from Primus Capital". BetaKit. 4 June 2014.
- ↑ "Our History". Hyperwallet website. Retrieved 2 February 2016.
- ↑ "Payments Solutions For The 1099 Workforce". PYMNTS.com. 2 July 2015.
- ↑ "Brent Warrington Joins Hyperwallet As New CEO". Hyperwallet website. Retrieved 2 February 2016.
- ↑ "Taking Mass Payments To The Masses". PYMNTS.com. 3 December 2014.
- ↑ Ben Rabinovich (17 December 2015). "Hyperwallet CEO Talks Regulation & Innovating Worker Payments". PaymentEye.
- ↑ "Global Worker Payouts to 170+ Countries". Hyperwallet website. Retrieved 2 February 2016.
- ↑ "Bringing Cash Payouts To Freelancers, Globally". PYMNTS.com. Retrieved 1 March 2016.
- ↑ Stuart Parkerson (18 July 2016). "Hyperwallet Releases New REST Payout API Out of Public Beta". App Developer Magazine.
- ↑ "Western Union Taps Hyperwallet's Global Mass Payments Tech". PYMNTS.com. 24 March 2015.
- ↑ Dan Butcher (28 October 2010). "HyperWallet launches mobile remittance service enabling international money transfers". Mobile Commerce Daily.
- ↑ "HyperREMIT". HyperREMIT website. Retrieved 2 February 2016.
External links[edit]
This article "Hyperwallet" is from Wikipedia. The list of its authors can be seen in its historical. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
