Jingit
Minneapolis
About Jingit
Jingit is a real-time events based payment platform. Jingit merges payments and marketing, bringing marketing dollars into consumer transactions as managed currencies in real time. This real time capability is unique. All other solutions in market work on a post-transaction basis. The arrival of real time events-based payments solves multiple problems across multiple sectors including retail, publishing, and the Internet of Things (IoT). The commerce conversation used to be simple. One buyer. Talking to one seller. Exchanging one currency. Now the commerce conversation involves consumers, merchants, marketers, credit card networks, publishers, data brokers etc. It happens online, offline, in store, and on mobile devices. The challenge is not singular, but multiple and overlapping. Payments, advertising, data, privacy. Consumers haven’t adopted mobile payment solutions because their cards aren’t broken, and to date, current solutions aren't compelling enough to offset the convenience of cards. Jingit connect the dots, protect all parties, monetize any activity at any value, becoming a real time commerce clearing house.
Company Facts
- Operating status: Closed
- Company type: For Profit
- IPO status: Private
- Employees: 11 – 50
- Estimated revenue: $10K – $50K
- Total funding: $7.5M
- Funding stage: Early Stage Venture
- Last round: Series A (Nov 2012)
- Website: jingit.com
- Phone: [email protected]
Industries & Categories
Advertising, Mobile, Payments, Retail, Social Media
Social Profiles
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