Fundraising Fox
LoopPay
acquired by SamsungBurlington, US · Founded 2012 · 2 employees on LinkedIn · 1 known investors
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Mobile payments company acquired by Samsung and now part of Samsung Pay.
Founders & leadership
LoopPay was founded in 2012 by George Wallner and William W. Graylin.
GW
George WallnerCo-founderGeorge Wallner founded Hypercom, a payment technology company taken public on the NYSE in 1997, and later co-founded LoopPay, where he developed Magnetic Secure Transmission technology before its acquisition by Samsung in 2015. He also founded and captained the Magnet expedition vessel and currently serves as Co-Founder and CTO of Magnet Defense, which develops autonomous maritime systems.
WW
William W. GraylinCo-founder
JL
J. Louis MacDonaldExecutive
Board
FF
Frank FergusonBoard director
Investors · 1
Reported raises · per SEC filings
Form D private placements$3M disclosed across 1 round · 2014
▶$3MraisedJul 2014 · 1 investors · Other TechnologyRule 506(b)
▶$3MraisedJul 2014 · 1 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- George WallnerDirector
- Gregory LewisExecutive Officer
- J. Louis MacDonaldExecutive Officer
- Frank FergusonDirector
- William W. GraylinExecutive Officer, Director
- Offering amount
- $12M
- Amount sold
- $3M
- Minimum investment
- $3M
- First sale
- Jul 2014
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Frequently asked questions
- What does LoopPay do?
- Mobile payments company acquired by Samsung and now part of Samsung Pay.
- Who founded LoopPay?
- LoopPay was founded by George Wallner, William W. Graylin in 2012.
- Who are LoopPay's investors?
- LoopPay's investors include Liebenthal Ventures.
- How much funding has LoopPay raised?
- LoopPay has disclosed $3M raised across 1 round.
- Who acquired LoopPay?
- LoopPay was acquired by Samsung.
- Where is LoopPay headquartered?
- LoopPay is headquartered in Burlington, US.