PayPal Startup Blueprint, by PayPal, is a global program that provides innovative startups with tools needed to grow and succeed. 

Holland & Knight is a global law firm with more than 1,000 lawyers and other professionals in 20 U.S. offices, as well as Bogotá and Mexico City. Among the nation's largest law firms, Holland & Knight provides representation in business, litigation, real estate and governmental law. Our Venture Capital and Emerging Companies Team advises a broad array of emerging companies on a local, national and global scale through each stage of their life cycles.  Our clients are engaged in a variety of technology-related industries.

New York Grad, Zipmark, Raises $1.5M With Plans to Bring the Checkbook into the 21st Century

Posted by Jonathan Greechan on 2013-08-15

New York graduate, Zipmark, recently announced they have raised a $1.5 million round to add to their seed funding. Aiming to change the way businesses send and receive payments, Zipmark is bringing the checkbook into the 21st Century by “reducing the amount of time and money it takes to make a check payment, eliminating the possibility for bounced checks and taking all risk out of the equation for payer and payee alike”.

"Zipmark has experienced great adoption over the past few months, and this round of funding will enable us to continue and even increase that growth rate," said Jay Bhattacharya, CEO and co-founder of Zipmark. "Our team has doubled in size and we look forward to beating that growth in the remainder of 2013."

"We backed Zipmark because they developed a real solution to the challenges small businesses face getting paid," says Don Layden, investor and board member of Zipmark. "Zipmark has made it a lot easier for property managers, utilities, and small businesses to get paid faster. The decision to invest more money into Zipmark was an easy one."

Click here to read the full story on Market Wired.

Like this article?

Subscribe to our NewsletterAttend a Free Event

Feedback Form

We welcome your feedback to improve the Institute. Please contact us using the form below, and we will get back to you promptly.
Your Email Address:
Message to the Institute:
What is ? (enter the answer below):
Close Window