LOS ANGELES--(BUSINESS WIRE)--Digitzs – the fastest, easiest and most secure way for merchants to get paid – today announced the launch of an equity crowdfunding campaign on Crowdfunder to raise $500,000. Digitzs founders, Laura Wagner and the first CFO of PayPal, David Jaques, will use the funds to complete the Digitzs’ suite of payment solutions, which will launch this summer.
Kevin Harrington – Digitzs investor, As Seen On TV Pioneer, serial entrepreneur and one of the original Sharks on ABC’s Shark Tank, said, “I've processed billions in card payments for my infomercials. Becoming an equity owner in Digitzs is my way of getting even on all of those fees (and more). Digitzs has the team, the traction and the technology to be the next big disruptor in the trillion-dollar payments space. I'm thrilled to have an early stake in this promising company.”
Leading the charge at Digitzs is Laura Wagner, a proven entrepreneur in the payments space. In the ‘90s, Wagner launched one of the first gift cards in history for Niemen Marcus. A decade later, she created a unique payment solution for McDonald’s where debit cards were accepted (at no cost) to the franchisees.
This year, Wagner and her all-star team from PayPal, Visa and Apple will carve their niche in a massive, yet grossly underserved segment of the payments space: merchants who don’t swipe cards or use shopping carts.
“One of the largest banks in North America has taken a stake in Digitzs,” stated Digitzs Chairman David Jaques, a Digitzs founder and PayPal’s first CFO. “We had a similar path at PayPal nearly two decades ago. Our massive niche market is growing at 15 percent each year and our technology is unrivaled.”
“It takes unique technology, a team of dedicated experts and perseverance to create something that is going to change a marketplace. The early response from our community of investors confirms that Digitzs has the potential to do just that,” said Chance Barnett, CEO of Crowdfunder.
“We compared many platforms before choosing to launch on Crowdfunder. I feel fortunate to have such an experienced and proven team of experts on our side, and access to a superior network of investors in the equity crowdfunding space,” added Laura Wagner, Digitzs’ CEO.
Eager merchants have committed one billion dollars of processing for 2015. Starting May 4th, accredited investors with a minimum of $10,000 can go to www.crowdfunder.com/digitzs to own an early stage equity stake in Digitzs and the opportunity to participate in an advice session with Kevin Harrington*.
* Note: only the first 5 investors above $25K are eligible to receive this perk.
A product of Digitzs Solutions Inc., Digitzs is a groundbreaking, patent-pending platform and mobile app where merchants get paid next day – even on a Sunday – and choose their Visa or MasterCard fees (from 0 to 3 percent). Developed by pros from Visa, PayPal and Kount, the solution exploits weaknesses in legacy payment systems. Digitzs caters to a trillion dollar market place; merchants in the middle who don't swipe cards or use shopping carts. For more information visit Digitzs.
Crowdfunder is the leading equity crowdfunding platform, with over 100,000 registered users and $75 million committed across investments to-date. Entrepreneurs use the platform to tell their story and raise investment from a community of institutional and individual accredited investors. The company plays a significant role in JOBS Act legislation, creating the new market for equity crowdfunding that brings private investing online. For more information, visit Crowdfunder or follow them on Twitter.