FinovateFall 2011 / FeeFighters
Presenter Profile:
How they describe themselves: FeeFighters makes the process of choosing a merchant account provider as easy as shopping for a plane ticket online. In minutes, business owners can choose the best deal on credit card processing with a reverse auction marketplace that saves the average business owner 40 percent on payment processing.
How they describe their product/innovation: Samurai is a feature-rich gateway that provides ultimate flexibility at an affordable price.
With Samurai, you’ll be able to integrate payments on your site in minutes. Samurai boasts premium features such as intelligent routing, data portability, and gateway emulation. Send payments anywhere at a transaction level, meaning you can send a transaction where it makes the most sense financially. It’s also universally compatible, so you aren’t locked into a particular provider. Incredibly easy setup at a fantastic and simple price: $10/month + $0.10/transaction, no other costs.
Contacts:
Bus. Dev.: Sheel Mohnot, Director of Business Development, sheel@feefighters.com, 724-466-4668
Press: Stella Fayman, PR Queen, stella@feefighters.com
Sales: Marc Summe, Director of Sales, marc@feefighters.com
Website: samurai.feefighters.com
Blog: www.feefighters.com/blog
HQ Location: Chicago, IL
Company Founded: April 2009
Product Being Demoed: FeeFighters Samurai
Product Launched: September 2011
Metrics: $1.6 Million Seed Round raised, 8 employees, 50,000 unique users/month, over 25,000 credit card processing auctions completed
- Key Executives
Sean Harper (CEO), Joshua Krall (CTO), Sheel Mohnot (Director of Business Development), Marc Summe (Director of Marketing)
Key Stats
- Key Advisory Board Members
Founders of Neteller, Founding team from Jumpstart Automotive
- Key Investors
Dave McClure (Founder, 500Startups, http://500.co), Sandbox Industries (http://sandboxindustries.com), Jason Heltzer (OCA Ventures, http://ocaventures.com), Jeff Fagnan (Partner, Atlas Ventures, http://atlasventures.com)
- Key Partnerships
Square, Roampay, Recurly, Chargify, Shopify, Spreedly, First Data, TSYS, Vantiv
- Key Customers
Ranging from startups to public companies, some customers include: Kickstarter, Photojojo, Weebly, Outright, Make A Wish Foundation, Shoeboxed, StackOverflow/Fog Creek Software