Openbucks
acquired by PaysafeSan Jose, US · Founded 2011 · 4 known investors
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Openbucks operates a payment platform that lets online shoppers pay with cash-backed retailer gift cards and point-of-sale credits, aimed at consumers without bank accounts or credit cards or who prefer to pay cash. It provides merchants with gift-card checkout integration, an anti-fraud and AML compliance layer, and a transaction and settlement dashboard, with over 67,000 servicing locations in the U.S.
Founders & leadership
Openbucks was founded in 2011 by Marc Rochman.

Board
Investors · 4
Reported raises · per SEC filings
Form D private placements$500K disclosed across 1 round · 2014
▶$500KraisedApr 2014 · 3 investors · Other TechnologyRule 506(b)
- Marc RochmanExecutive Officer, Director, Promoter
- Sumant MandalDirector
- Ryan GilbertExecutive Officer, Director
- Offering amount
- $1M
- Amount sold
- $500K
- First sale
- Apr 2014
- Incorporated
- Corporation, Delaware, 2011
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Frequently asked questions
- What does Openbucks do?
- Openbucks operates a payment platform that lets online shoppers pay with cash-backed retailer gift cards and point-of-sale credits, aimed at consumers without bank accounts or credit cards or who prefer to pay cash. It provides merchants with gift-card checkout integration, an anti-fraud and AML compliance layer, and a transaction and settlement dashboard, with over 67,000 servicing locations in the U.S.
- Who founded Openbucks?
- Openbucks was founded by Marc Rochman in 2011.
- Who are Openbucks's investors?
- Openbucks's investors include Inspiration Ventures, Mucker Capital, Greycroft Partners, Morado Ventures.
- How much funding has Openbucks raised?
- Openbucks has disclosed $500K raised across 1 round.
- Who acquired Openbucks?
- Openbucks was acquired by Paysafe.
- Where is Openbucks headquartered?
- Openbucks is headquartered in San Jose, US.


