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Company

Transactis, Inc. is a leading provider of electronic bill presentment and payment (EBPP) solutions, including BillMail®, the patent-pending, secure email billing platform, and BillerExpressTM, an integrated EBPP suite sold by banks and payment processors to small and middle- market treasury clients.

Transactis’ new platform, Offer IQ, provides retailers with an innovative way to deliver mobile and virtual coupons to millions of new consumers nationwide. Through relationships with large membership organizations, Offer IQ provides access to shoppers who have opted in to receive offers from leading retailers. Members can choose how they would prefer to be informed of promotions including email, mobile alerts, or even through social networking programs like Facebook and Twitter.

For retailers, the Offer IQ platform requires no upfront investment, modifications to point-of-sale hardware or software, or in-store associate training. Coupons and incentives are redeemed through the use of a registered debit or credit card through the payment stream.

CEO

Joe Proto

Joe Proto became Chairman and Chief Executive Officer of Transactis Inc. in 2007, after nearly three decades in the billing and payments industry as a senior executive and successful entrepreneur. Prior to Transactis, he launched REMITCO, a remittance processing company which was acquired in 2000 by First Data Corp, as well as Financial Telesis (CashFlex) which was acquired in 1992 by CoreStates, now part of Wells Fargo. Proto also co-founded Windham Ventures (an innovation leader in financial and life sciences technology), is an LP with Metamorphic Ventures (focused on transactional media) and is an advisor to Data Impact. Joe is a member of various financial services associations and has been a frequent speaker at conferences in the payments industry.

Details

Sector(s):

Internet Marketing, Other, SaaS

Status:

  Private

StarVest Company Since:

November 2010

StarVest Partners II, L.P. led the Series B Financing

Company Founded:

2001

Contact Info