TextPayMe (YC Summer 2005)

TL;DR: TextPayMe is a Y Combinator Summer 2005 startup Founded in 2005, TextPayMe is an SMS payment service that lets you send money to other people using cell phone text messaging. TextPayMe le…, currently acquired with a team of 11.

Founded in 2005, TextPayMe is an SMS payment service that lets you send money to other people using cell phone text messaging. TextPayMe lets you send mon…

YC ID
374
YC Batch
Summer 2005
Status
Acquired
Team size
11
Industry
Fintech, Consumer Finance
YC profile
https://www.ycombinator.com/companies/textpayme

Last verified:

Founded in 2005, TextPayMe is an SMS payment service that lets you send money to other people using cell phone text messaging. TextPayMe lets you send money to anyone else in the US with an SMS-capable cell phone, and while phone carriers may charge for the actual text message sent/received, sending and receiving money is free while TextPayMe remains in Beta. In July 2006, the TextPayMe team started working for Amazon and, as of 2011, the site redirects to an Amazon's mobile payment website. There was no press release related to this event but it's assumed the company was acquired. Sending and receiving payments through TextPayMe is easy: simply write a text message to SMS@TextPayMe.com with "pay amount phonenumber" in the body (i.e. to send $5 to 123-456-7890, text "pay 5 1234567890"). T…

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Frequently asked questions

Is TextPayMe a YC (Y Combinator) company?

Yes. TextPayMe was funded by Y Combinator in the Summer 2005 batch.

What does TextPayMe do?

Founded in 2005, TextPayMe is an SMS payment service that lets you send money to other people using cell phone text messaging. TextPayMe lets you send money to anyone else in the US with an SMS-capable cell phone, and while phone carriers may charge for the actual text message sent/received, sending and receiving mone…

What YC batch was TextPayMe in?

TextPayMe was part of Y Combinator's Summer 2005 batch.

How big is TextPayMe?

TextPayMe has a team of 11 people according to Y Combinator's directory.

Is TextPayMe still active?

TextPayMe is currently listed as Acquired with a team of 11 in Y Combinator's directory.

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