Quippi
Quippi is a La Jolla–based fintech founded in 2012 that offered PIN-based gift card remittances redeemable at Mexican retailers as a lower-cost alternative to traditional US-to-Mexico money transfer services.
- Company typePrivate
- Founded2012
- HeadquartersLa Jolla, United States
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Quippi does
Quippi is a private, US-based (La Jolla) fintech company founded in 2012 that built a remittance alternative for the US-to-Mexico corridor, converting sender funds into PIN-based gift cards redeemable at local Mexican retailers. The stated objective was to displace high-fee incumbent remittance providers (e.g., Western Union, MoneyGram) by offering diaspora senders a cheaper, more accessible delivery mechanism that did not require recipients to hold bank accounts. The product model sits at the intersection of prepaid card issuance, retailer network distribution in Mexico, and cross-border money transmission — both US money transmitter licensing and Mexican regulatory compliance would be prerequisites to operating at scale.
The company raised approximately $2,000,000 in a 2013 round co-led by Avalon Ventures and Accion Ventures — Accon's investment thesis aligns with financial inclusion in emerging markets, lending thematic credibility — and received a subsequent, undisclosed engagement from San Diego–based accelerator EvoNexus in October 2015. Leadership disclosed in the data set consists of Brett Gottlieb (COO) and Jorge Jiménez (Senior Director of Marketing), indicating both operational and go-to-market functions were staffed. The firmographic record lists 51–100 employees, though no operating financials, transaction volume, retailer partner counts, or customer metrics are disclosed.
The current operating posture is ambiguous and likely impaired: the company's primary web domain, Quippi.com, is currently listed for sale on the HugeDomains marketplace at $6,595 (or $274.79/month over 24 months at 0% interest). No subsequent funding rounds, product updates, partnerships, or strategic communications are documented in the available material, suggesting the company is either dormant, wound down, or has undergone a quiet rebranding or pivot that is not captured in the data.
Quippi firmographics
Firmographics- Name
- Quippi
- Website
- https://quippi.com
- Company type
- Private
- Founded year
- 2012
- Headcount range
- 51–100 employees
- Short description
- Quippi is a La Jolla–based fintech founded in 2012 that offered PIN-based gift card remittances redeemable at Mexican retailers as a lower-cost alternative to traditional US-to-Mexico money transfer services.
- Ownership category
- akta.pro rank
Quippi industry classification
Industry- Product category
- Remittance Services
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Consumer P2P International Remittances (FSAGAKAA)
Keywords
Where Quippi is headquartered
LocationHeadquarters
- HQ city
- La Jolla
- HQ country
- United States
- HQ region
- North America
Markets served
Quippi business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Marketing or Sales, Personnel, Operations
Quippi product offering
Product offeringCore offering
Quippi provides a digital remittance service for sending money from the United States to families in Mexico. Funds are delivered as PIN-based gift cards that recipients redeem at local retailers in Mexico, positioning Quippi as a lower-cost alternative to traditional remittance channels.
Product overview
The source data pertains to the sale of the domain name Quippi.com by HugeDomains, a domain marketplace. The domain is a 6-character .com domain available for purchase at $6,595 or via a 24-month payment plan at $274.79/month. No product or service offerings from an operating company named Quippi are described in this data.
Differentiator
Problem solved
Functional benefit
Products and services
- Quippi PIN-based Gift Card Remittance
Companies that use Quippi
Customer profileIdeal customer profiles1 record
Quippi technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Quippi partnerships and signals
Strategic signalRecent moves5 records
Expansion highlights4 records
Quippi competitors and assessment
Company assessmentDirect peers
- Remitly: Digital-first remittance company whose largest corridor is US-Mexico. Competes head-to-head with Quippi for senders wanting cheaper, faster transfers to Mexican recipients, though it uses bank deposit and cash pickup rather than gift card payout.
- Pangea Money Transfer: US-Mexico remittance specialist offering mobile-app-driven transfers to Mexican bank accounts and cash pickup. Closely comparable corridor focus and target customer base to Quippi.
- Intermex: US-headquartered remittance company with a heavy concentration in the US-to-Mexico corridor, serving similar Hispanic diaspora customers with cash pickup and card payouts.
- DolarApp: Multi-currency digital wallet for US-LatAm users enabling cross-border transfers and USD-denominated balances — comparable corridor and digital-first positioning to Quippi's remittance use case.
- Sigue Money: Long-standing US-Mexico remittance corridor specialist offering cash pickup at agent locations in Mexico — directly overlapping the recipient-side value proposition Quippi targets.
- Félix: WhatsApp-based US-to-Mexico remittance platform targeting the same diaspora sender and recipient segments as Quippi, with a digital-first payout model.
Broad incumbents
- Xoom (PayPal): PayPal-owned digital remittance service with US-Mexico among its largest corridors. Competes with Quippi on sender convenience and recipient payout options (bank, cash, mobile wallet).
- MoneyGram: Major global money transfer operator with strong US-Mexico corridor presence via agent network and digital channels — the second pillar incumbent Quippi's lower-cost positioning targets.
- Western Union: Global remittance incumbent that dominates the US-Mexico cash-pickup corridor. Quippi explicitly positions against Western Union's 'high-priced traditional remittances,' making it the primary incumbent competitor.
- WorldRemit: Digital remittance platform serving 150+ countries including Mexico, with mobile wallet and bank deposit payouts — a broader-portfolio competitor in the same cross-border money-movement category.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights4 records
Customer concentration
Quippi social profiles
Digital presenceQuippi financial estimates
Financial estimateRevenue estimate
Valuation estimate
Quippi leadership team
Management profileNumber of profiles
Profiles2 records
Quippi funding detail
Funding detailFunding overview
Funding rounds2 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Quippi 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 Quippi
What does Quippi do?
Quippi provides a digital remittance service for sending money from the United States to families in Mexico. Funds are delivered as PIN-based gift cards that recipients redeem at local retailers in Mexico, positioning Quippi as a lower-cost alternative to traditional remittance channels.
When was Quippi founded?
Quippi was founded in 2012. It employs 51 to 100 people.
Where is Quippi based?
Quippi is headquartered in La Jolla, United States, in the North America region.
Who are Quippi's main competitors?
Direct peers on record are Remitly, Pangea Money Transfer, Intermex, DolarApp, Sigue Money and Félix. Broad incumbents are Xoom (PayPal), MoneyGram, Western Union and WorldRemit.
Does Quippi have an API?
No public API is recorded for Quippi.
What industry is Quippi in?
Quippi's product category is Remittance Services. Its primary akta.pro industry code is FSAGAKAA, Consumer P2P International Remittances. Its SIC code is 6199.