Dropp logo — A superior ultra-low-cost alternative to Cards, Cash & Check...

Dropp

A superior ultra-low-cost alternative to Cards, Cash & Checks

Founded 2020 United States Newark, United States 12 employees Seed Blockchain, Financial Services +2

General Information

Company Name Dropp
Founded Year 2020
Location United States Newark, United States +1
Employees 12
Industries Blockchain, Financial Services, Fintech +1
Funding Stage Seed
Social

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About Dropp

Welcome to Dropp, where we are revolutionizing the way payments are made. Our platform offers lightning-fast, ultra-low-cost transactions, providing a superior alternative to traditional payment methods like cards, cash, and checks. We drastically reduce transaction fees by leveraging cutting-edge technology built on instant banking rails (RTP) and distributed ledger technology (Hedera), making even a $1 purchase ten times cheaper than a card. With over 25 years of experience in financial services, peer-to-peer payments, and real-time technology, our team understands the need for a payment system that matches the speed and efficiency of the digital age. Dropp’s mission is to enable fully instant payments worldwide, supporting innovative business models like Pay-Per-Use and empowering small and medium-sized businesses to remain competitive in a rapidly evolving market. Our Pay-By-Bank payments feature, along with attractive offers and referral incentives, fosters a direct relationship between merchants and consumers, creating a thriving community ecosystem. As 50% of consumer payments are under $25, Dropp makes micro-payments feasible and eliminates high transaction fees, helping businesses flourish in the digital economy. With transaction fees averaging just 1%, Dropp is cost-effective for various payment models, from micro-payments to small-value purchases. Join us in ushering in a new era of digital commerce, where payments are as fast and affordable as the digital world.

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FAQ About Dropp

A superior ultra-low-cost alternative to Cards, Cash & Checks
Dropp was founded in 2020.
Dropp is headquartered in Newark, United States.
Dropp operates in the following industries: Blockchain, Financial Services, Fintech, Payments.
Dropp has approximately 12 employees.
Top alternatives and competitors to Dropp include WallX (500 Global '23), PayNuts, Converco, ZEN.COM, GlobiancePay. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Dropp and WallX (500 Global '23) are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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