Our Story
Sipree is a San Francisco-based digital payments provider focused on radically improving the speed, security and convenience of payments to customers and vendors. We were founded as an outgrowth of strategic planning at PayPal and offer the only Enterprise SaaS that streamlines payouts and provides consumers with unprecedented choice in their receipt of money. The result? Happier customers, more efficient payments, and reduced payment processing costs—all with little-to-no IT support needed.
What's In a Name?
The name Sipree comes from a species of sea snails in the family Cypraeidae. Also known as the “money cowry,” the shells of these snails were widely used as a medium of exchange in Africa, Asia and the Pacific islands until the late 19th century. We think of our name as a bridge between one of the oldest and one of the newest forms of money movement.
Team
Sipree’s team of dreamers, experts and pragmatists all have long careers in payments, transaction processing and enterprise/cloud computing infrastructure. We hail from leadership roles at Amex, FiServ, Google, HP, JPMorgan, Microsoft, PayPal, Western Union, Yodlee, and too many startups to count.
We share a common belief that commercial payments are ripe for transformation as new cloud solutions finally deliver a digital payment experience that moves money at Internet speed and enterprise scale.
Management Team
Mark Sole
CEO
Kevin Henkener
Head of Engineering
Chris Whipps
VP of Marketing
Rene Aeberhard
Head of Architecture
Investors & Advisors
Sipree is backed by an elite group of investors and strategic advisors that help guide our success and implement our vision.
Investors:
- Tim Brinkman – Venture & Private Equity Advisor
- Dave Brown – Venture & Private Equity Advisor
- Raj Date – Managing Director & Chair of the Investment Committee at Fenway Summer Ventures
- Andy Sandler – Chairman & CEO, Temerity Capital Partners; Chairman & Executive Partner, BuckleySandler LLP; CEO, Treliant Risk Advisors
Advisors:
- Rene Aeberhard – Technical Fellow at eBay/PayPal, Technology Architect
- Peter Hazlehurst – Former Director of Google Wallet
- Cantwell F. “Chuck” Muckenfuss III – Senior Advisor, Treliant Risk Advisors
- Nik Sathe – VP of Engineering at Nest
- Vipul Shah – Product innovation at Google, J.P. Morgan, PayPal