Safe Cash Payment Technologies builds a payments platform that allows cash to be used as a digital asset through tokens issued by member banks. Member banks store U.S. dollars and provide tokens that are redeemable for cash. The platform uses digital wallets with end-to-end encryption and will be available on iOS, Android and other mobile platforms. Safe Cash plans to partner with banks and is designed to operate globally. The system was set to go live in Q4 2015 with partner banks to be announced. The company raised $1.12M in funding and was founded in December 2014 in San Francisco, CA.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2015