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FOOi

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Fee-free peer-to-peer payment platform for instant money transfers.

Overview

FOOi operates a consumer wallet payment platform that facilitates peer-to-peer transactions, allowing users to send and receive money, tip service providers, and make donations without incurring fees. The platform targets individuals looking for a cost-effective method for financial exchanges and addresses challenges related to transaction fees and the requirement for contact information when making payments. Key features of the platform include instant money sharing and an anonymous giving option, which aim to enhance user privacy. Additionally, the beacon feature enables users to broadcast their profiles, potentially increasing their connections. The company's stated mission is to simplify financial interactions while eliminating associated costs.

Key facts

Founded
2017
Headquarters
Toronto, Canada
Sector
Payments

Business model

Contact

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Competitors & similar companies

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About FOOi

What does FOOi do?

FOOi operates a consumer wallet payment platform that facilitates peer-to-peer transactions, allowing users to send and receive money, tip service providers, and make donations without incurring fees.

Where is FOOi headquartered?

FOOi is headquartered in Toronto, Canada.

When was FOOi founded?

FOOi was founded in 2017.

Which sector is FOOi in?

FOOi operates in Payments, part of Financial Technology.

Who are FOOi's competitors?

Companies similar to FOOi include Beem It, Venmo, and OVO.