Sequent provides a platform that brings cards to mobile and makes them useful for consumers, enabling banks, transit agencies, access control providers and other issuers to securely digitize credit, debit, transit, loyalty and ID cards. Its solution distributes digitized cards to an issuer's own application or to other apps and exposes APIs that empower app developers to integrate cards into mobile, wearable and other connected devices. The platform enables consumers to make payments, redeem offers, open doors and ride transit systems. Sequent is led by Fred Thiel, chairman of the board. The company is based in Santa Clara, California. Financially, Sequent completed a $16M Series C financing announced in June 2017. Sequent Software is a Sunnyvale, CA–based provider of a SaaS-based digital issuance and wallet platform. Its platform enables banks, payment processors, OEMs and mobile operators to deploy branded mobile payment, loyalty, access control and transit solutions. It also offers an open wallet platform with APIs for developers to add NFC payment functionality to existing mobile apps. To date the company has deployed commercial mobile payment systems for major global banks and mobile phone operators on four continents. Founded only five years ago, Sequent intends to use the newly closed funds to expand into global markets. The company closed a new funding round, though the amount and backers were not disclosed. Sequent Software provides a software and services platform designed to enable consumers to download payment cards and other credentials to mobile devices and use them to make payments and access information and offers. The company supplies Trusted Service Manager (TSM) and mobile commerce solutions to mobile network operators, retailers and financial institutions. Its patented technology facilitates adding Near Field Communication (NFC) payments and other credentials into branded consumer mobile apps. Led by CEO Robb Duffield, Sequent sells both software and services around its wallet and TSM platform. The company intends to use the new capital for worldwide commercial deployments of its TSM and wallet platform with mobile operators and card issuers, including leading banks. The business is based in Redwood City, California. Sequent Software, formerly known as Sparq Mobile Solutions, builds near-field-communication (NFC) software that enables customers and partners to deploy NFC payment systems. Its platform allows consumers to make payments and other transactions with their mobile devices. The company positions itself as a neutral, pervasive administrator of individuals’ personal identification and credentials between the payments world, retailers, smartphone providers and carriers, according to CEO Drew Weinstein. Sequent says it aims to simplify NFC mobile payments by focusing solely on that role. The company is based in Redwood City, California. It recently completed a Series A round of funding led by Opus Capital and SK Telecom Ventures.

Total raised

$28M

Funding rounds

4

Latest round

Series C

Latest activity

Jun 2017