DisPence Inc.

Hate getting change? On any cash transaction, deposit it onto a universal card/app instead of getting it back as coins and its ready to use!

  • Stage Product In Development
  • Industry Financial Services
  • Location Houston, TX, US
  • Currency USD
  • Founded October 2012
  • Employees 3
  • Website dispenceit.com

Company Summary

Coins and change are a nuisance. To this end, coin-to-cash conversion services emerged. While successful, the coin-to-cash conversion machine is inherently flawed as consumers still receive coins. On the retailer front, little is understood of the behavior and spending patterns of cash consumers who spend $500+ billion per year. Our solution is to eliminate coins AT THE POINT OF SALE while providing retailers with cash consumer data analytics.

Team

  • George Liu
    Co-Founder

    George Liu is a senior strategist with a global energy company with prior experience in raising capital for start-ups and small businesses. George has a BS in Economics from Northwestern University and an MBA from the University of Texas at Austin. George founded Dispence while receiving his MBA.

  • Arun Ram
    Co-Founder

    Arun Ram is a strategy consultant at a leading management consultancy. He has a BS in Computer Engineering from the University of Maryland and an MBA from the University of Texas at Austin. Arun founded Dispence while receiving his MBA.

  • Nathan Wicker
    Chief Operating Officer

    Nathan Wicker is an investment professional at a private energy company and family office with prior experience at an investment bank, an operating company and as a teacher. Nathan is a graduate of the Ross School of Business at the University of Michigan. He joined Dispence in the spring of 2013.

Starting a startup?

Join the world's largest startup network for guidance, tools, and fundraising opportunities.

Get Started for Free