Billy Rowan
Huntsville, AL (USA)
Role(s):
Founder/Owner/Principal
Brink Inc
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Startup
Location:
Huntsville
Industry:
Technology/Web
Year Founded:
2013
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
Incorporated Outside United States
Description:
CheckPay will aggressively attack the small business market. The ability to accept electronic check payments (eChecks) is severely underutilized by most small businesses in the United States. Over 80% cannot or do not have an effective system in place to receive payments via eChecks and other methods secure, quick and verified methods for checkout. As a result, small businesses --- whether they are a traditional “brick and mortar” operation or an online enterprise are missing out on a significant stream-of-revenue.
CheckPay will provide both a physical (on-premise) capability AND online (digital) payment platform for consumers to send and receive money and pay for purchases – domestically in the United States and available to reach a worldwide market.
And of great importance and significance, CheckPay will provide both online and “physical” retailers and merchants with the required software and hardware to incorporate a seamless system to accept paper checks, eChecks and to process eWallet payments via smartphones.
CHECKPAY projects 2015 revenue of $648,000, and 2016 revenue of $2.5 million, and 20217 revenue of $8.6 million.
The company is seeking $1.25 million in funding to execute this business plan. As a result, the company will be poised to provide investors with 100% repayment by the end-of-year, 2017, along with an equity position in CHECKPAY.
Thanks and Regards,
Billy Rowan
Founder & CEO
(Phone # removed)