This post is part of our live coverage of FinovateEurope 2015.

Quisk is the next step in the evolution of money.

We are the creator of a new cash-based digital payment type. We enable banks to create a new type of all-digital account, which is accessed by a consumer’s mobile phone number and secure PIN. The Quisk cloud-based digital services platform is technology agnostic, multi-issuer/acquirer, and works with existing core banking and retail POS infrastructure.

Quisk is demonstrating a variety of digital cash transactions: in-store purchases using POS systems, Person-to-Merchant (P2M), Bill Pay, online purchase (eCommerce), and Person-to-Person (P2P) send money. In addition, the Quisk platform enables merchants to offer digital loyalty programs and marketing offers while reducing interchange fees.

Presenters: Steve Novak, CEO & chairman, and Dan Glessner, CMO 

Product launch: January 2015

Metrics: $20+ million series A round raised, 30 employees, projects currently in four countries
Product distribution strategy: Direct to Business (B2B) through financial institutions

HQ: Sunnyvale, California, U.S.A.
Founded: 2009

Website: quisk.co