Dropp
Dropp, Inc. operates a Pay-by-Bank and Pay-by-Stablecoin micropayments platform on Hedera Hashgraph, integrating Truist RTP and Circle USDC to serve U.S. merchants (SMBs, creators, fuel/c-store) and consumers with ultra-low-cost real-time digital payments as an alternative to cards and cash.
- Company typePrivate
- Founded2021
- HeadquartersMontclair, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What Dropp does
Dropp, Inc. is a private, founder-led U.S. fintech that operates a real-time digital payments platform purpose-built to make sub-$1 transactions profitable. Founded around 2020–2021 and headquartered in Montclair, New Jersey (with a registered address in Newark, NJ), the company serves two parallel markets: small and mid-sized merchants and content platforms seeking low-cost acceptance of micro-transactions, and U.S. consumers making those small-value purchases. The platform is built on Hedera Hashgraph distributed ledger technology and integrates Truist Bank's Real-Time Payments (RTP) APIs for instant merchant settlement and Circle's Payment Service for USDC stablecoin on-boarding, with Plaid handling ACH bank linking.
The product surface spans a multi-currency (USD, USDC, HBAR) consumer wallet available on iOS, Android, and major browser extension stores; a self-serve merchant portal and POS mobile app; a unified Dropp Pay-by-Bank and Pay-by-Stablecoin rail stack; no-code plugins for WordPress, WooCommerce, and Shopify; a white-label and embedded wallet offering; APIs/SDKs documented at docs.dropp.cc; and a wallet-free guest checkout ("Pay First, Onboard Later"). Distribution combines PLG/consumer channels (app stores, browser extensions, free $5 new-user credit, Refer-and-Earn viral loop) with enterprise sales (Contact Sales, phone line, Truist and Pinnacle distribution).
Dropp monetizes primarily through transaction fees averaging ~1% (positioned as 15x cheaper than typical solutions for sub-$1 payments, ~7x lower on Hedera, and ~10x cheaper than card for $1), with secondary streams from merchant platform access, USDC purchase services, white-label wallet licensing, and Instant Transfer redemption fees. Strategic traction includes a 2022 HBAR Foundation grant, the August 2023 Federal Reserve FedNow Service Provider Showcase listing, a January 2025 collaboration with Truist Bank on RTP, and an October 2025 partnership with The Pinnacle Corporation to embed Dropp rails in Affiniti Cloud POS for U.S. fuel and convenience retailers. Notable customers include creator-economy merchants SubscribeStar, Inara, and Chillfiltr, and a Hedera data-services case study with Hashpoint.io.
Dropp firmographics
Firmographics- Name
- Dropp
- Legal name
- Dropp, Inc.
- Website
- https://dropp.cc
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Dropp, Inc. operates a Pay-by-Bank and Pay-by-Stablecoin micropayments platform on Hedera Hashgraph, integrating Truist RTP and Circle USDC to serve U.S. merchants (SMBs, creators, fuel/c-store) and consumers with ultra-low-cost real-time digital payments as an alternative to cards and cash.
- Ownership category
- akta.pro rank
Dropp industry classification
Industry- Product category
- Payment Infrastructure
- akta.pro primary industry
- Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)
- akta.pro secondary industries
- In-App / Online Checkout Wallets (FSAMAEAH), Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA), Marketplace / Platform Acquiring (PayFac & Sub-Merchant Management) (FSAMABAF)
Keywords
Where Dropp is headquartered
LocationHeadquarters
- HQ city
- Montclair
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Dropp business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- Transaction-based payment processing fees: Dropp charges merchants transaction fees averaging 1% on payments, with materially lower effective rates on sub-$1 micropayments. Fees are dynamic by transaction type and currency (USD, USDC, HBAR).
- Merchant platform / SaaS access: Merchants sign up to the Dropp merchant portal to accept payments via the wallet, plugins, APIs/SDKs, white-label wallets, and POS integrations, providing platform-based monetization.
- USDC purchase and stablecoin exchange services: Users purchase USDC tokens with credit card through Circle's Payment Service. Dropp does not hold custody of USDC and charges in USD with USDC received subject to fees Circle charges.
- White-label wallet and embedded solutions licensing: Dropp offers fully white-labelled wallets and embedded wallet components that partners can deploy under their own brand, generating licensing/integration revenue.
- Wallet-to-bank redemption / Instant Transfer fees: Money in the Dropp account may be transferred out via standard ACH redemption (free with a minimum balance of $20) or via Instant Transfer to an eligible debit card or bank account, subject to applicable transfer fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Pay-Per-Transaction pricing for merchants, averaging ~1% transaction fees, with materially lower effective rates for sub-$1 micropayments. |
| Transaction based/ take rate | Pay-as-you-go | Dropp Pay for Shopify — free to install with low transaction fees, instant transfers, and daily payouts. |
| Freemium | Pay-as-you-go | Consumer Dropp wallet — free to use, with a $5 free credit for new users. |
| Other | Pay-as-you-go | Instant Transfer out of Dropp — pay-as-you-go transfer fees. |
Go-to-market motion10 records
Distribution channels10 records
Marketing channels8 records
Dropp product offering
Product offeringCore offering
Dropp provides a real-time payment infrastructure platform that lets merchants accept ultra-low-cost digital payments via Pay-by-Bank (account-to-account instant settlement through Truist Bank's RTP network) and Pay-by-Stablecoin (USDC and HBAR on the Hedera Hashgraph distributed ledger). The offering bundles a multi-currency consumer digital wallet, a merchant onboarding portal, white-label and embedded wallet options, APIs/SDKs, and no-code plugins for WordPress, WooCommerce, and Shopify, plus POS integration for U.S. fuel and convenience retail.
Product overview
Dropp is a unified digital payments platform that combines a consumer-facing digital wallet with a comprehensive set of merchant tools, sold as a single product line with multiple integration paths. The core consists of the Dropp Digital Wallet (a multi-currency, privacy-protected mobile and desktop wallet supporting USD, USDC, and HBAR) and the Dropp Merchant Portal & Dashboard for onboarding and transaction management. Built on this core are two payment rails — Dropp Pay-by-Bank (account-to-account via Truist RTP) and Dropp Pay-by-Stablecoin (USDC/HBAR on Hedera) — plus the Dropp Point of Sale (POS) Mobile App for in-person checkout and a Dropp Browser Extension for desktop checkout. Merchants can integrate Dropp in several ways, packaged as the Dropp No-Code Solutions bundle and individual sub-products: Dropp White-Labelled Wallet, Dropp Embedded Solutions, Dropp APIs & SDKs (developer tools backed by docs.dropp.cc), Dropp Wallet-free Guest Checkout, Dropp Pay Per Use for WordPress, Dropp Tipping for WordPress, Dropp Pay for WooCommerce, and Dropp Pay for Shopify. Together these products let merchants choose between no-code plugins, embedded wallet, white-label wallet, or direct API access to accept ultra-low-cost digital payments instead of cards or cash.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Transaction fees averaging just 1%, and a $1 purchase about 10x cheaper than using a card
- +5 more outcomes
Companies that use Dropp
Customer profileNamed customers4 records
Segments6 records
Ideal customer profiles3 records
Dropp technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
Feature13 records
Dropp partnerships and signals
Strategic signalPartnerships
18 partnerships are on record, tiered flagship, major, significant and core.
- Truist BankflagshipDropp integrates its instant payment technology with Truist Bank's advanced Real-Time Payments (RTP) APIs to deliver instant settlement to Dropp merchants and improve cash flow efficiency. The collaboration positions Dropp as an instant, account-to-account payment alternative to cards, cash, and checks for online and in-store businesses, as well as connected devices such as parking meters and EV chargers. A Truist case study is referenced as a deployment reference.
- The Pinnacle CorporationmajorDropp has partnered with The Pinnacle Corporation, a leader in cloud-based POS solutions, to introduce Dropp Pay-by-Bank and Pay-by-Stablecoin payment rails for U.S. fuel and convenience retailers. The Dropp rails are integrated into Pinnacle's Affiniti Cloud POS, providing merchants a cost-effective alternative to traditional card processing networks, with reduced transaction costs and faster, more secure checkout experiences.
- PrivacyCheqsignificantPrivacyCheq and Dropp have entered a partnership agreement to enable Dropp users to receive and manage micro-incentive payments from ad networks for the use of their private data, via PrivacyCheq's Consentive consent management service. Both companies have received grants from the Hedera HBAR Foundation. The Consentive service was planned to launch in 1Q 2023.
- SubscribeStarmajorSubscribeStar is a creator-economy merchant on the Dropp platform, enabling creators on SubscribeStar to accept tips via Dropp (also demonstrated in a Dropp video tutorial).
- InarasignificantInara is a creator-economy merchant that launched payment services on the Dropp platform, giving it access to Dropp's micropayment rails for monetizing content and accepting small-value payments.
- ChillfiltrsignificantChillfiltr is a creator-economy merchant that launched payment services on the Dropp platform, giving it access to Dropp's micropayment rails for monetizing content and accepting small-value payments.
- Hedera (Hedera Hashgraph network)coreDropp's platform is built on the Hedera Hashgraph distributed ledger, leveraging Hedera's high-performance public network and native HBAR cryptocurrency for energy-efficient settlement. Hedera technology is core to Dropp's ability to make small-value micropayments profitable.
- Circle (Circle Payment Service)significantDropp uses Circle's Payment Service to enable users to purchase USDC stablecoins with their credit card inside the Dropp wallet. Users are charged in USD and receive USDC tokens in their non-custodial Dropp wallet, subject to fees Circle charges. Dropp is not a cryptocurrency exchange or custodian for USDC tokens.
- PlaidsignificantDropp uses Plaid to securely link users' U.S. bank accounts for ACH wallet funding, providing a no-friction way to fund the Dropp wallet from a bank account.
- OpenCrowdsignificantDropp is incubated by OpenCrowd, with an OpenCrowd engineering team (Applications Architect Anurag, Director of Product Development Ashu, Senior UX Advisor Vishal) building and operating the Dropp platform.
- Shopify (App Store)majorDropp Pay is distributed as an app on the Shopify App Store, providing Shopify merchants with a cost-effective alternative to credit card payments, instant transfers, daily payouts, and built-in viral growth incentives.
- WordPress (plugin directory)majorDropp provides WordPress plugins for Pay-Per-Use content monetization and Tipping, distributed through the WordPress plugin directory as a no-code solution.
- WooCommerce (Dropp Pay for WooCommerce)majorDropp provides a WooCommerce plugin (Dropp Pay for WooCommerce) that lets WooCommerce merchants accept Dropp at checkout as a no-code solution.
- Hashpoint.iosignificantHashpoint.io is the subject of a Dropp-published case study in which Hashpoint.io transforms raw Hedera ledger data into investment insights, with Dropp micropayments used as a payment mechanism.
- Will McDonough (Corestone Capital)significantWill McDonough, Chairman and CEO of Corestone Capital and founder of AXS, is an advisor to Dropp. He has 20+ years across sports management and global finance, led the $825mm IPO for Atlas Mara, and has been working in blockchain since 2017.
- Gregg Fienberg (HBO / CallPlease)significantGregg Fienberg, HBO Executive Producer and founder of CallPlease, is an advisor to Dropp. He brings Emmy- and Golden Globe-nominated production expertise and an entrepreneurial background.
- Richard Re (JPMorgan Chase, 28 US payments patents)significantRichard Re, payments-industry veteran with 5+ decades of experience (25 years at JPMorgan Chase & Co., plus Bankers Trust and the Federal Reserve Bank) and 28 US patents on Internet electronic payments processing and security, is an advisor to Dropp. He was a primary contributor to Chase QuickPay, JPMorgan ACCESS Mobile App, Chase QuickDeposit, and the Real Time Payments Network.
- Robert Flohr (international banking consultant)significantRobert Flohr, international consultant with 40+ years of advisory and consultancy experience with major banks, asset management firms, private investors and technology businesses, is an advisor to Dropp focused on emerging technologies, blockchain, and cryptocurrencies.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
Dropp competitors and assessment
Company assessmentDirect peers
- Coinbase Commerce: Coinbase's merchant crypto payment gateway enables online businesses to accept USDC, BTC and other digital assets with low fees, directly comparable to Dropp's Pay-by-Stablecoin value proposition for creators and SMB merchants.
- BitPay: Long-standing crypto payment processor enabling merchants to accept Bitcoin and stablecoins via plugin, API, and POS, directly competing with Dropp on the same SMB creator/merchant micropayment thesis.
- Strike: Strike operates a Bitcoin/Lightning-based instant payments network with merchant tools and consumer wallet functionality, making it a directly comparable real-time, low-fee payments platform targeting similar use cases as Dropp.
- NOWPayments: Crypto payment gateway supporting 200+ cryptocurrencies including stablecoins, with plugin, API, POS, and micropayment tools — a direct functional peer to Dropp for SMB/creator merchants.
- CoinGate: CoinGate is a crypto payment processor and gateway with merchant plugins, POS, and billing APIs, including stablecoin acceptance — directly comparable to Dropp's merchant payment rail offering.
- Flexa: Flexa operates a digital payments network enabling merchants to accept crypto and stablecoins at the point of sale with instant settlement, conceptually parallel to Dropp's Pay-by-Stablecoin POS integration with Pinnacle.
- Request Network: Open-network crypto invoicing and payment protocol targeting creator-economy and SMB use cases with on-chain settlement, overlapping with Dropp's micropayment and content-monetization positioning.
Regional players
- Trustly: Trustly is a leading account-to-account 'Pay-by-Bank' rail primarily across Europe, with a similar real-time, low-fee A2A proposition to Dropp's Pay-by-Bank; comparable in product model though not directly competing in Dropp's U.S.-only geography.
Broad incumbents
- Stripe: Stripe is a dominant global payments platform with API-led merchant onboarding, plugin reach across Shopify/WooCommerce/WordPress, and a recently launched stablecoin program — a broad incumbent against which Dropp's PLG and A2A differentiation is positioned.
- Block (Square / Cash App): Block operates Cash App (consumer wallet) and Square (merchant POS and payments), both of which compete with Dropp's wallet + POS + low-fee payment rail thesis, and has been actively building Bitcoin-based merchant payment features.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Dropp social profiles
Digital presenceDropp financial estimates
Financial estimateRevenue estimate
Valuation estimate
Dropp leadership team
Management profileNumber of profiles
Profiles13 records
Dropp funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Dropp M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Dropp
What does Dropp do?
Dropp provides a real-time payment infrastructure platform that lets merchants accept ultra-low-cost digital payments via Pay-by-Bank (account-to-account instant settlement through Truist Bank's RTP network) and Pay-by-Stablecoin (USDC and HBAR on the Hedera Hashgraph distributed ledger). The offering bundles a multi-currency consumer digital wallet, a merchant onboarding portal, white-label and embedded wallet options, APIs/SDKs, and no-code plugins for WordPress, WooCommerce, and Shopify, plus POS integration for U.S. fuel and convenience retail.
Is Dropp a public or private company?
Dropp is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Dropp founded?
Dropp was founded in 2021. It employs 11 to 50 people.
Where is Dropp based?
Dropp is headquartered in Montclair, United States, in the North America region.
How does Dropp make money?
Five revenue lines are on record. Transaction-based payment processing fees are the primary driver. The others are merchant platform / SaaS access, USDC purchase and stablecoin exchange services, white-label wallet and embedded solutions licensing and wallet-to-bank redemption / Instant Transfer fees.
Who are Dropp's main competitors?
Direct peers on record are Coinbase Commerce, BitPay, Strike, NOWPayments, CoinGate, Flexa and Request Network. Trustly is listed as a regional player. Broad incumbents are Stripe and Block (Square / Cash App).
Does Dropp have an API?
Yes. Dropp offers public APIs and SDKs that let developers integrate Dropp's payment and wallet capabilities into their own applications and platforms, supporting Pay-by-Bank, Pay-by-Stablecoin (USDC/HBAR), and credit/debit card-funded transactions. The Terms grant users a revocable, non-exclusive license to use the API and developer tools in accordance with the accompanying documentation, which is hosted at docs.dropp.cc. Developer documentation is at docs.dropp.cc.
What industry is Dropp in?
Dropp's product category is Payment Infrastructure. Its primary akta.pro industry code is FSAGABAE, Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure, with a secondary code of FSAMAEAH, In-App / Online Checkout Wallets.