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PayThunder

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Spain

Founded in

20 Jul 2014 (11 Years)

Founded

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1.67

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Security Information

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    License

    A Grade License

    Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

    B Grade License

    Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

    C Grade License

    Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

    D Grade License

    From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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    Company Information

    Get to know PayThunder

    Paythunder is a platform that allows users to pay with their mobile phones thanks to a global patented technology (ultrasound). This makes it work with all phones and multiply the sales of stores. Paythunder allows, for example, to create geolocated offers on the street; If a user is walking and passes by IKEA, he immediately receives an offer from the store. Internal marketing control is done through interactive holograms that can also launch geolocated offers and help users within the trade. It would be like joining Google and Amazon, with offers in the physical world and the collection of products in seconds. The value of this startup lies in its patented technology - globally - compared to the technology used by the main market players that is not global (NFC), in its virality integrable within third-party APPS, on a platform that exceeds the payment and it focuses on what really matters to the trade, and the sale, since it not only serves to pay, but also to sell. So far they have been in accelerators such as Minerva, Plug & Play and Banco Santander, Alhambra Ventures; In addition, they have been selected by BBVA for the Open Talent. Paythunder has focused more on creating business than raising money and that is why they are not only looking for investment, but also strategic partners that can align with their objectives. The startup currently has a company incorporated in Mexico and Spain and partners in Ireland, the Czech Republic, Panama and Sweden.

    Industry

    • Financial Other ServicePRIMARY
    • Financial PSP Gateway
    • Media Media Advertising

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