Dropp Funding & Investors
Newark, NJ
Dropp is a “pay per use” micropayment transaction platform designed to make it easy for consumers to purchase small-value goods and services securely without signups. Dropp enables the “Pay-per-usage” model that appeals to a growing customer base that wants to use services on an ad-hoc, on-demand basis and only pay for what they use. Consumer goods and services ranging from renting a scooter, using a vending machine, paying for parking, to buying a cup of coffee could immediately benefit from Dropp. Additionally, merchants providing cloud-based data API, market data feed, IoT sensor data, and others facing a similar challenge can leverage this platform to offer their services in smaller increments.ws payments in local currency U.S. dollars or hbar Crypto for crypto enthusiasts. In building Dropp, the team has carefully selected the best features of the existing well-regulated banking world and the transparency and cryptographically secure access offered by Hedera Hashgraph, the world’s fastest, fair, and secure distributed ledger, to create the best possible solution.
dropp.tvTotal Amount Raised: $12,750,000
Dropp Funding Rounds
Undisclosed
$250,000
Undisclosed Investors
Alameda ResearchSeries Unknown
$8,000,000
Series Unknown Investors
Three Arrows CapitalDefiance CapitalDaniel DinhAlameda ResearchAnimoca BrandsAnti FundSpartan Capital SecuritiesGenblock CapitalKevin LinShima CapitalSeed
$2,000,000
Seed Investors
Intellectual Digital Global (iDG)Intellectual Digital Companies (iD iDC iDG iDBB)Pre Seed
$2,500,000