- B2B
- Early StageStartup in initial stages
- Website
- Location
- Company size
- 11-50 people
- Total raised
- $1.6M
- Company type
- Startup
- Markets
Knox Payments careers
Knox makes paying online faster and safer for consumers and cheaper and simpler for merchants.
Knox allows consumers to make ACH transactions using only their online banking login. Knox shows them the accounts they have with their bank, they choose one, and Knox decides whether to approve the transaction - all in less than 30 seconds. This makes accepting ACH easy for businesses and making ACH payments REALLY easy for consumers.
Because we use the consumer's existing online banking login info, there's no need to make a new account to use Knox. We provide "good funds" ACH payments and charge only $0.18 + 0.5% per transaction! This allows businesses to release funds or goods instantly without having to wait the traditional 3-5 days for ACH funds to clear, allowing "instant funding" of brokerage or trading accounts or "instant buy" functionality in eCommerce to work seamlessly with ACH for the first time.
Knox allows consumers to make ACH transactions using only their online banking login. Knox shows them the accounts they have with their bank, they choose one, and Knox decides whether to approve the transaction - all in less than 30 seconds. This makes accepting ACH easy for businesses and making ACH payments REALLY easy for consumers.
Because we use the consumer's existing online banking login info, there's no need to make a new account to use Knox. We provide "good funds" ACH payments and charge only $0.18 + 0.5% per transaction! This allows businesses to release funds or goods instantly without having to wait the traditional 3-5 days for ACH funds to clear, allowing "instant funding" of brokerage or trading accounts or "instant buy" functionality in eCommerce to work seamlessly with ACH for the first time.
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Thomas Eide
Functional Visionary & Innovator. Working with the best team ever! Strong M&A & PM experience. Physics and math degrees from Virginia Tech
Total raised
$1.6M
Funded over
3 rounds
Latest round
Seed (Aug 2014)
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