FitPay Status
The company was acquired by NXT-ID (Nasdaq: NXTD) for an undisclosed amount on May 23, 2017. The acquisition was intended to expand NXT-ID's offerings to include both hardware and IoT enabled services.
Developer of a technology payment platform designed to allow device manufactures to add contact-less payment capabilities to wearable devices. The company's FitPay platform offers flexible integration options with developer-friendly tools and documentation, including Trusted Service Management services, full-featured API, mobile SDK (iOS & Android) and a highly secure payment network tokenization scheme, enabling businesses to create customer loyalty, tap into recurring revenue streams, open new markets and differentiate their products in a competitive marketplace.
Generating Revenue
Acquired/Merged (Operating Subsidiary)
Formerly VC-backed
The company was acquired by NXT-ID (Nasdaq: NXTD) for an undisclosed amount on May 23, 2017. The acquisition was intended to expand NXT-ID's offerings to include both hardware and IoT enabled services.
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