HQ: Chicago, IL
Founder: Ruben Flores-Martinez
Website: cashdrop.com
Opportunity: Small businesses face increased customer pressure to adopt digital payments, as 15M SMBs currently don't accept credit cards. CASHDROP is making digital commerce readily accessible to everyone through a user-friendly and cost-effective platform.
Vision: CASHDROP provides no-fee, mobile-only online storefronts for entrepreneurs and small business owners, with a full POS solution for in-person payments. Their turn-key solution enables vendors to sell via smartphone and process payments immediately. The platform is free for merchants and provides an intuitive, self-service store interface with free in-house analytics.
Status: Active