PrePay - AngelList

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Product

PrePay is a smartphone app that lets you buy and redeem discounted store credit to your favorite merchants. We give merchants a free mobile payments and customer loyalty solution that requires no hardware or software, and reduces credit card processing costs by up to 75%.

Currently beta testing the iPhone app in San Francisco and Palo Alto, PrePay will support all mobile platforms and payment technologies, including NFC. Also, our API turns the "mobile wallet" into a feature for any local app.

Founders

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Brian Schwartz

Founder & CEO of PrePay, the prepaid mobile wallet. Funded by I/O Ventures.
Eric Schwartz

PrePay Founder & CFO; Castle Harlan private equity; Citigroup investment banking; Stanford Graduate School of Business; Duke University electrical engineering.
Long Pham

PrePay Co-Founder & Head of Biz Dev; Worked for Dubai World and Bank of America; Attended Columbia Business School; Graduated from Carnegie Mellon University

Previous Investors

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Harry Cheung

Investor in Qwiki, Badgeville. Team member of Google.

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I/O Ventures

Mentorship program with a unique co-working environment. Mentors include founders of Youtube, Mint, Myspace, Paypal, Yelp.

Advisors

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Paul Bragiel

Partner at i/o ventures. Previously CEO of lefora, meetro & paragon5
Richard Aberman

Founder of WePay.com, the hassle-free way to collect payments online. Funded by August Capital, Highland Capital Partners, and Y Combinator.

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Adam Jackson

Founder of DriverSide, Founder of MarketSquare, acquired by Intuit