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SayPay Wins 1776 Challenge Cup in Mumbai – Advances to Regional Finals in Singapore
SayPay was one of three winners at the 1776 Challenge Cup 2016 held in Mumbai on 21st November 2015. The worldwide tournament is for the most promising, world-changing startups to win cash prizes, make international connections and share their vision on a global stage.
The 1776 Challenge Cup Local round in Mumbai received 102 applications, from which the best 20 startups were shortlisted to present a 2-minute pitch of their business, followed by a 1 minute of Q&A from the judges. Other winners included ShereIt and KITKI.
The three winning startups received $10,000 in Google Credits from Google Cloud Platform. The winners have further opportunities to win $175,000 USD in cash and over $1,000,000 USD in potential investment.
SayPay Technologies, Inc., is headquartered near Silicon Valley in Pleasanton, CA and has its development lab in Bangalore, India. SayPay solutions start at the beginning of the customer experience during authentication by transforming fragmented authentication methods using voice technology. Users simply read a single-use “SayPay token” into their registered mobile phone where SayPay simultaneously verifies the phone, the code and the user. For more information, visit www.saypaytechnologies.com
1776 is a global incubator and seed fund that believes startups can change the world. Their mission is to build a global community that provides the intellectual, social and financial capital that startups need to succeed. 1776 hosts an annual competition called the Challenge Cup, engaging Startup Federation partners in 16 cities across the world, to identify the most promising new startups and connect them with the information, mentors and resources they need to succeed—regardless of their geographic location. Read more at http://www.1776.vc/.