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§ Private Profile · Berkeley, CA, USA
Agents that earn consumers dollars when they shop, travel, and live.
pap! has raised $2.5M across 2 funding rounds.
Key people at pap!.
pap! was founded in 2024 by Kamal Nahas (Co-Founder, CEO) and Anthony Rassi (Co-Founder, COO) and Weijie Wang (Founder).
pap! has raised $2.5M in total across 2 funding rounds.
Consumers miss out on $70B+ every year because they're busy and unaware, and that money is sitting in their email inbox. So, we automated reading email receipts and claiming the money they're entitled to, offering a service to which you can sign up once, do (literally) nothing, and earn $.
Where is this money coming from?
- Retailers: When the price of clothes or furniture you've already bought drops, you're entitled to a refund for the difference
- Airlines: When a flight you've booked gets delayed or canceled, you're entitled to a cash compensation.
- Enterprises: When a class-action lawsuit is filed against a company you engage with, you're entitled to money.
- And many more, that even the government holds some of your unclaimed funds.
Today, the dream of one service that automatically claims the money you deserve when you shop, fly,... and live is (finally) possible.
We started with automating refunds in the shopping industry and have secured $8,000 in refunds to our users, growing 233% MoM. With AI, we've been able to repurpose that same automation to tackle refunds in the flight industry and the class-action lawsuit landscape.
Why us? (1) We're obsessed with reclaiming what's rightfully yours: Kamal and Anthony grew up in Lebanon, where people's money was unfairly taken away. (2) Weijie was the lead infra engineer for Wish's recommendation system, the feature that fueled their IPO. Our combined experience includes Apple, Addepar, Bolt, Wish, and StackAdapt.
And we're all working towards one goal: move those billions of dollars where they belong.
Key people at pap!.
pap! has raised $2.5M across 2 funding rounds. Most recently, it raised $2.0M Seed in October 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 1, 2024 | $2M Seed | — | Klossy, ABE Burns, Jonathan Neman | Announced |
| Sep 1, 2024 | $500K Seed | — | Y Combinator | Announced |
pap! was founded in 2024 by Kamal Nahas (Co-Founder, CEO) and Anthony Rassi (Co-Founder, COO) and Weijie Wang (Founder).
pap! has raised $2.5M in total across 2 funding rounds.
pap!'s investors include Klossy, Abe Burns, Jonathan Neman, Y Combinator.
Pap! is a fintech startup founded in 2024 that builds AI-powered agents to automatically reclaim money consumers are entitled to when they shop, travel, or live, but often miss out on. By scanning users’ email receipts, Pap! identifies opportunities such as price drop refunds, delayed flight compensations, and class-action lawsuit payouts, then claims these refunds on their behalf. This hands-free service targets consumers who lose over $50 billion annually in unclaimed funds, providing a seamless way to recover money without manual effort. Pap! has demonstrated strong growth, securing thousands of dollars in refunds with monthly growth rates exceeding 130%–230% across sectors like retail and travel[1][2][4].
Origin Story: Pap! was founded in 2024 by Kamal Nahas, Anthony Rassi, and Weijie Wang in Berkeley. The founders recognized a widespread consumer pain point: the complexity and time required to claim refunds and compensations that policies entitle them to. They developed AI agents that connect to users’ email inboxes to automate this process, starting with retail refunds and expanding into flights and legal claims. Early traction includes rapidly growing refund amounts and user base, validating the market need and the technology’s effectiveness[1][2].
Pap! rides the growing trend of automation and AI-driven personal finance tools that simplify complex, time-consuming consumer tasks. The timing is favorable due to increasing consumer awareness of financial rights, widespread digital receipts, and advances in AI capable of natural language processing and customer service automation. Market forces such as rising e-commerce, travel disruptions, and legal settlements create abundant refund opportunities. Pap! influences the fintech ecosystem by pioneering AI agents that act on behalf of consumers, potentially inspiring similar automated financial recovery services and enhancing consumer empowerment in financial transactions[1][2].
Pap! is positioned to expand its AI refund automation into more sectors and geographies, leveraging its early success and growing user base. Future trends shaping its journey include advances in AI capabilities, increased digitalization of receipts and transactions, and regulatory environments favoring consumer rights. As Pap! scales, it could evolve into a comprehensive consumer financial agent platform, reshaping how individuals recover lost money and manage refunds. Its influence may extend to partnerships with retailers and travel companies, integrating refund automation into broader loyalty and customer experience ecosystems[1][2][4].
Pap! exemplifies how AI can transform everyday financial pain points into effortless consumer gains, turning unclaimed refunds into a new frontier of fintech innovation.
