United States · Information technology & services startup

Purse

Purse was a Bitcoin-focused e-commerce marketplace founded in 2014.

Funding reportedLast round: Seed

Information technology & servicesSan Francisco, United States

About Purse

Purse was a Bitcoin-focused e-commerce marketplace founded in 2014.

It allowed customers to buy goods on Amazon using Bitcoin and Bitcoin Cash by connecting shoppers with individuals willing to fulfill Amazon purchases in exchange for cryptocurrency. The platform facilitated peer-to-peer transactions, enabling users to trade Amazon gift cards or account balances for Bitcoin. This service provided Bitcoin holders with the opportunity to shop on Amazon at a discount, with Purse acting as the intermediary and escrow provider. Customers benefited from savings of up to 15% on Amazon purchases and had access to a wide range of products. Purse was known for promoting decentralized commerce and connecting users globally. The company operated from San Francisco before moving to Las Vegas and later transitioned to remote operations. In 2020, Purse announced its shutdown and was subsequently acquired by Loadpipe.

What company datasets say Purse raised

Funding, as reported

Reported in all$1.3Min dollars
Last roundSeed
Last round dateOct 2016

On a portfolio page

Investors who name them

Each firm lists Purse on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

consumersinformation technology & servicesinformation technologyecommercebitcoinb2cmarketplacestechnologye-commerceinternetconsumer internetbitcoin blockchaincryptocurrencyinformation & internetblockchains

Built with from their website

Google Tag ManagerWordPress MultisiteWordPress.orgCornerstonePostmarkGoogle WorkspaceCloudFlareViewport MetaGoogle MeetCloudFlare CDN

+8 more

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Sector
Information technology & services
Industry code
NAICS 519290, SIC 7372
Region
California
Full record
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Information technology & services in United States

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