BuyWithMe

BuyWithMe is a leading group-buying application that offers exclusive, time-limited deals from top local merchants to its community. The company's mission is to shape the future of payment and commerce. With a focus on mobile digital asset wallet technology, BuyWithMe supports balance management for Facebook Libra coins, code-scanning payments, and mobile app payments, enabling users to make effortless payments in physical stores via QR codes and Facebook Libra coins. Additionally, the platform provides notifications for nearby deals and offers across various categories such as restaurants, buffets, spas, salons, gaming, and bowling. A unique feature of BuyWithMe is the customer-to-customer account money transfer capability, which eliminates the need for point-of-sale systems or other infrastructure. Transactions through the app are processed instantly, and offline transactions can be scanned via QR codes and subsequently uploaded to the blockchain. BuyWithMe also supports payments in physical stores using not only Facebook Libra coins but also Bitcoin, Ethereum, or any other cryptocurrency, with all transactions being broadcasted and updated on the blockchain. Founded in 2009, BuyWithMe is headquartered in New York City with an additional office in Austin, where it was originally founded. The company received a $5.00M Debt Financing investment on 01 June 2011 from Pinnacle Ventures. The company was established by Andrew Moss, a serial entrepreneur and value investor, and later reinvigorated by ambitious entrepreneur Zsolt Sasdi. Overall, BuyWithMe presents a promising blend of innovation in the realms of group-buying, digital payments, and blockchain technology, which piques the interest of venture capitalists seeking to tap into the evolving landscape of e-commerce, payments, and financial services.