ToneTag Revenue and Competitors
Estimated Revenue & Valuation
- ToneTag's estimated annual revenue is currently $7.7M per year.
- ToneTag's estimated revenue per employee is $65,000
- ToneTag's total funding is $10.3M.
- ToneTag has 118 Employees.
- ToneTag grew their employee count by 0% last year.
ToneTag Competitors & AlternativesAdd Company
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What Is ToneTag?
ToneTag is an integrated library (sdk) that allows easy, frictionless, and secure proximity payments using sound (Tone) or NFC (Tag). Depending upon user device and retail pos hardware, mobile application can toggle to initiate in-store purchases using sound or NFC.It works on any mobile device and no internet is required on user device at time of initiating payment. At present Mobile Payment Industry is missing out on a tech which can enable frictionless payment at the last mile. If we want users to pay using mobile then the whole experience of payment need to be either similar or better than card or cash payments.NFC does enable a good user experience but it has extremely low penetration roughly less than 7% globally. ToneTag fills this gap, it enables a similar user experience without the need of NFC and which work on every phone and bridge the last mile in making mobile transactions a reality for all.keywords:N/A
Number of Employees
Employee Growth %
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This is what motivated Abhishek to rope in his pal Vivek Kumar Singh to form ToneTag in 2013. ToneTag's in-house software and devices ...
Backed by Amazon, Mastercard, 3one4 capital and Amensa, the company, named ToneTag, is not only empowering the masses in India, but ...
Fintech start-up ToneTag, which is backed by global majors like Amazon and Mastercard, is foraying into the Japanese market.
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