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cMoney

Full company profile

uuid003cbfq

Namestring
cMoney
Websiteurl
cmoney.com
Company typeenum
Private
Founded yearint
2009
Short descriptiontext

cMoney is a Houston-based, privately held mobile-payments company founded in 2009 that historically enabled money transfers via cell phones for goods and services; it raised $15M from Kodiak Capital in 2010 but its domain is now parked and operating status appears closed.

Operating statusenum
Closed
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersHouston, United States
HQ citystring
Houston
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
mobile payments, money transfer, mobile financial services, cell phone payments, person-to-person payments
Industry1 code
1Digital Wallet Platforms (Consumer & Merchant)
CodeBPAMAFACPrimaryYes
NAICS code1 code
  • Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services518
Product category
Mobile Payments
Social media profiles1 record
GTM typeB2C
B2C
Offering typeSoftware
Software
Core offering1 text field

cMoney provided financial services by enabling the transfer of money via cell phones for paying goods and services. The service targeted individual consumers and operated as a mobile-based payment solution in the Houston, United States market. The company's domain is currently parked at GoDaddy with no active business website.

Differentiator
Functional benefit
Problem solved
Product and service1 record
1Mobile Money Transfer Service
CategoryMobile Payments
No data
Peers10 records
TypeBroad incumbent
Description

Mobile point-of-sale and payments platform, often used by small merchants accepting cell-phone-based payments for goods and services.

TypeBroad incumbent
Description

Dominant digital payments platform offering mobile P2P transfers and merchant payments. Directly overlaps cMoney's mobile money-transfer-for-goods-and-services value proposition at vastly greater scale.

TypeDirect peer
Description

Mobile-first P2P payment app enabling consumers to transfer money via cell phones for goods and services — the closest direct comp to cMoney's stated offering.

TypeEmerging player
Description

Digital payments platform supporting cross-border mobile and online transfers for goods, services, and marketplace commerce — an adjacent comp to cMoney's mobile-payments-for-commerce thesis.

TypeBroad incumbent
Description

Google's mobile wallet and P2P payments product enabling cell-phone-based transfers for goods and services; another broad incumbent in the same space.

TypeBroad incumbent
Description

Mobile wallet enabling cell-phone-based payments for goods and services at merchants; a broad incumbent now standard in the category cMoney targeted.

TypeDirect peer
Description

Mobile payment platform from Block (formerly Square) that enables person-to-person and consumer-to-merchant transfers via smartphone — directly aligned with cMoney's product.

TypeBroad incumbent
Description

Globally recognized mobile money-transfer service for payments of goods and services — the archetypal comp to cMoney's concept, though operating primarily in emerging markets.

TypeDirect peer
Description

U.S.-based fintech providing ACH and real-time payment APIs for digital platforms; comparable to cMoney as a mobile/internet-era payments intermediary.

TypeDirect peer
Description

Bank-backed mobile P2P payments network enabling real-time money transfers via cell phone for purchases between consumers — a direct competitor category to cMoney.

Market position
Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

cMoney

Mobile Paymentscmoney.com

cMoney is a Houston-based, privately held mobile-payments company founded in 2009 that historically enabled money transfers via cell phones for goods and services; it raised $15M from Kodiak Capital in 2010 but its domain is now parked and operating status appears closed.

cMoney firmographics

Firmographics
Name
cMoney
Website
https://cmoney.com
Company type
Private
Founded year
2009
Operating status
Closed
Headcount range
11–50 employees
Short description
cMoney is a Houston-based, privately held mobile-payments company founded in 2009 that historically enabled money transfers via cell phones for goods and services; it raised $15M from Kodiak Capital in 2010 but its domain is now parked and operating status appears closed.
Ownership category
akta.pro rank

cMoney industry classification

Industry
Product category
Mobile Payments
NAICS
Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
akta.pro primary industry
Digital Wallet Platforms (Consumer & Merchant) (BPAMAFAC)

Keywords

  • Mobile payments
  • Money transfer
  • Mobile financial services
  • Cell phone payments
  • Person-to-person payments

Where cMoney is headquartered

Location

Headquarters

HQ city
Houston
HQ country
United States
HQ region
North America

Markets served

cMoney business model

Business model
GTM type
B2C
Offering type
Software

cMoney product offering

Product offering

Core offering

cMoney provided financial services by enabling the transfer of money via cell phones for paying goods and services. The service targeted individual consumers and operated as a mobile-based payment solution in the Houston, United States market. The company's domain is currently parked at GoDaddy with no active business website.

Differentiator

Problem solved

Functional benefit

Products and services

  • Mobile Money Transfer Service

Companies that use cMoney

Customer profile

Ideal customer profiles1 record

cMoney technology and API

Technology

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

cMoney competitors and assessment

Company assessment

Broad incumbents

  • Square (Block): Mobile point-of-sale and payments platform, often used by small merchants accepting cell-phone-based payments for goods and services.
  • PayPal: Dominant digital payments platform offering mobile P2P transfers and merchant payments. Directly overlaps cMoney's mobile money-transfer-for-goods-and-services value proposition at vastly greater scale.
  • Google Pay: Google's mobile wallet and P2P payments product enabling cell-phone-based transfers for goods and services; another broad incumbent in the same space.
  • Apple Pay: Mobile wallet enabling cell-phone-based payments for goods and services at merchants; a broad incumbent now standard in the category cMoney targeted.
  • M-Pesa (Vodafone/Safaricom): Globally recognized mobile money-transfer service for payments of goods and services — the archetypal comp to cMoney's concept, though operating primarily in emerging markets.

Direct peers

  • Venmo: Mobile-first P2P payment app enabling consumers to transfer money via cell phones for goods and services — the closest direct comp to cMoney's stated offering.
  • Cash App (Block): Mobile payment platform from Block (formerly Square) that enables person-to-person and consumer-to-merchant transfers via smartphone — directly aligned with cMoney's product.
  • Dwolla: U.S.-based fintech providing ACH and real-time payment APIs for digital platforms; comparable to cMoney as a mobile/internet-era payments intermediary.
  • Zelle: Bank-backed mobile P2P payments network enabling real-time money transfers via cell phone for purchases between consumers — a direct competitor category to cMoney.

Emerging players

  • Payoneer: Digital payments platform supporting cross-border mobile and online transfers for goods, services, and marketplace commerce — an adjacent comp to cMoney's mobile-payments-for-commerce thesis.

Market position

Customer concentration

cMoney social profiles

Digital presence

cMoney financial estimates

Financial estimate

Revenue estimate

Valuation estimate

cMoney leadership team

Management profile

Number of profiles

cMoney funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

cMoney M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about cMoney

What does cMoney do?

cMoney provided financial services by enabling the transfer of money via cell phones for paying goods and services. The service targeted individual consumers and operated as a mobile-based payment solution in the Houston, United States market. The company's domain is currently parked at GoDaddy with no active business website.

When was cMoney founded?

cMoney was founded in 2009. It employs 11 to 50 people.

Where is cMoney based?

cMoney is headquartered in Houston, United States, in the North America region.

Who are cMoney's main competitors?

Broad incumbents on record are Square (Block), PayPal, Google Pay, Apple Pay and M-Pesa (Vodafone/Safaricom). Direct peers are Venmo, Cash App (Block), Dwolla and Zelle. Payoneer is listed as an emerging player.

Does cMoney have an API?

No public API is recorded for cMoney.

What industry is cMoney in?

cMoney's product category is Mobile Payments. Its primary akta.pro industry code is BPAMAFAC, Digital Wallet Platforms (Consumer & Merchant). Its NAICS code is 518.

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Live signals
GlobeNewswirecMoney, Inc. Updates Shareholders on S-1 FilingcMoney, Inc. announced progress on its S-1 filing, with late-stage negotiations with funding partners and investors. The company expects to access $115 million in equity financing after SEC approval. It estimates the audit and filing process will take about a month.GlobeNewswirecMoney, Inc. Chooses Sirius Computer Solutions for Cloud SolutionscMoney, Inc. announced a partnership with Sirius Computer Solutions to provide U.S. cloud computing infrastructure using IBM WebSphere and Information Management software. The company plans to transition the demonstration solution to a production system with long-term support. cMoney's mobile payment technology is scheduled to debut in 2012.GlobeNewswirecMoney, Inc. Expands Market Capitalization and Geographic AwarenesscMoney, Inc. announced it is substantially increasing its authorized share allotment to raise capital non-dilutionarily. CEO Paul Matthews said shareholders responded favorably and a major investor will increase commitment to accelerate product acquisition. The company plans to expand domestically and internationally, with its virtual wallet debuting in 2012.GlobeNewswirecMoney, Inc. Expands Market Awareness Campaign and Retains Heritage Corporate ServicescMoney, Inc. retained Heritage Corporate Services to support its PR and brand awareness campaign. The company's mobile payment platform, available on smartphones, aims to eliminate identity theft and is scheduled to debut in 2012. The campaign will focus on institutional involvement and individual growth.GlobeNewswirecMoney Announces OTC Tier UpgradecMoney, Inc. upgraded to OTC Pink Current Information status and filed required Nevada documents. The company is seeking partnerships and preparing for a product launch, with its core application acquisition pending. It aims to enhance cash flow and revenue generation.TechCrunchThis Mobile Payments Company May Self Destruct In 15 MinutesHouston-based mobile payments startup cMoney announced a $100 million funding commitment from AGS Capital Group, but the funding is actually an equity line of credit with restrictive conditions rather than direct investment, limiting actual access to cash. The company is being sued by former CEO Lawrence Krasner for over $700,000 in damages and nearly 2 million shares, while the founder charges the company $1.5 million annually to license technology from her other company Global 1 Enterprises. The article details multiple red flags including product delays, a reverse merger with a defunct children's audio company, a poorly managed website, accumulated losses exceeding $2.5 million, and only $47,831 in cash on hand.