QUID

company

About

QUID is a micropayment processor that makes it easy to accept online payments as small as a fraction of a penny.

Details

Last Funding Type
Seed
Last Funding Money Raised
$1.80M
Industries
Blockchain,Cloud Computing,Finance,FinTech,Payments
Founded date
Sep 1, 2010
Number Of Employee
1 - 10
Operating Status
Close
Legal Name
QUID Works Inc.

QUID is a payment processing service designed to process tiny transactions at extremely high volumes. Our vision is a world of connected people, platforms, and devices making billions of secure, tiny payments effortlessly.

Our team has solved some of the most complex security and privacy challenges in the past decade. By using techniques such as cryptographic receipts and personal information obfuscation, the QUID platform is engineered from the ground up to ensure secure payment processing and data privacy.

QUID offers innovative, low-friction merchant tools to make it easy for users to accept payments on their websites, blogs, podcasts, or social profiles. Merchants can use the QUID Payments plugin for WordPress or any of our quickstart guides to quickly and easily start accepting QUID on websites built with many of the most popular website platforms like WordPress, Wix, Squarespace, and more.

Our robust libraries and developer-first approach to building the QUID platform means that developers can easily integrate micropayments into their websites and apps -- our high-throughput, globally consistent ledger ensures that QUID can scale to support any micropayment application developers can build.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$1.80M
QUID has raised a total of $1.80M in funding over 2 rounds. Their latest funding was raised on May 1, 2018 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 1, 2018 Seed $1.80M 2 Detail

Investors

Number of Lead Investors
Number of Investors
2
QUID is funded by 2 investors. Mistral Venture Partners and Relay Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Mistral Venture Partners Seed
Relay Ventures Seed

Employee Profiles

Number of Employee Profiles
1
QUID has 1 current employee profiles, including Executive Mohit Cheppudira
Executive