Photo - Ove Touch & Go
58378

Ove Touch & Go

USA, California
Market: Financial services, Electronics, Other, Crypto currency, Mobile applications
Stage of the project: Idea or something is already done

Date of last change: 27.08.2022
Go to the owner's profile
2
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:
 

Idea

A one-touch payment and fraud protection platform that allows customers to seamlessly pay with fingerprints, and businesses to securely accept fingerprint payments.

Current Status

- SW application in the app store
- Sensor (HW product) designed, prototype complete, Contract Manufacturer engaged
- Patent Applied
- Payment processing company contract complete w/ access to 5000 merchants
- 2 FTE founders, 1 PTE founder, dev team, 3 advisors
-Pre-seed Funding Secured and complete $500K

Problem or Opportunity

In the US, there are too many different payment tools that customers can use to pay at point-of-sale, such as cash, physical cards, smartphones and watches, but at the end customers are always dependable on them to make purchases creating lack of engagement and convenience, and increasing of churn rates. Markets forecasts the global customer experience management market size will reach USD 16.9 billion by 2026.

Solution (product or service)

A one-touch payment and fraud protection platform that allows customers to seamlessly pay with fingerprints, and businesses to securely accept fingerprint payments.

We bring “Freedom” to customers, and “Peace of Mind” to businesses through Fingerprints

Business model

- Payment Transaction fees
- SaaS for merchants
- Sensor Sales, but secondary importance
5,00
1
2
3
4
5
1 voice
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility650
star0
Add to favorites
Delete from favorites
share
close
thumb_up1
Like
Unlike
Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video
Presentation