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Batchex, Inc

Batchex is a web-based service that allows companies to send batches of outgoing payments to multiple recipients in multiple payout formats.

  • Stage Full Product Ready
  • Industry Financial Services
  • Location Philadelphia, PA, USA
  • Currency USD
  • Founded April 2009
  • Employees 5
  • Website batchex.com

Company Summary

Batchex is a web-based service that allows companies to send batches of outgoing payments to multiple recipients. There is a need for companies to be able to send funds to groups of receivers. There is no complete solution that provides this service. Payouts are sent via mailed checks or online by PayPal. Additional payout methods such as pre-paid debit cards, and direct deposit ACH are being implemented.We charge a single flat fee per payment

Team

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    Shannon Sofield
    CEO

    Shannon has extensive experience running online payment services. He was a founding member of the PayPal Developer Advisory Board.

    He founded PayLoadz.com a digital goods E-commerce platform that enables sellers to sell downloadable products that has processed over $50M in sales.

    Shannon has an MBA with a background in Finance and Accounting. Author of "PayPal Hacks", a best-selling programming book published by O'Reilly Media.

Advisors

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    Jason Mitchell, Esq.
    Lawyer
    Unconfirmed
    Default avatar
    David L. Hillary, CPA
    Accountant
    Unconfirmed