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SensePass develops an omnichannel payment platform that seamlessly integrates over one hundred digital wallets and payment methods directly into point-of-sale systems. The company employs proprietary technology, including SensePass boxes, NFC stickers, and QR codes, to enable direct payments from a customer's phone browser without requiring app downloads. This unified payment gateway aims to connect any platform to various credit card processors and digital payment methods, reducing reliance on specific hardware or vendor lock-in.
The company was founded in 2017 by Chen Cohen and Moty Arcuschin, both seasoned technology veterans and fintech innovators. Their entrepreneurial insight stemmed from recognizing the opportunity to significantly expand the boundaries of digital payment processes. They sought to create a more inclusive and accessible payment ecosystem that could adapt to the evolving landscape of consumer payment preferences and merchant operational needs.
SensePass primarily serves merchants seeking to modernize their payment acceptance capabilities and businesses that require streamlined integrations with enterprise resource planning systems. The platform empowers these entities to offer a wider array of payment options, enhancing customer experience. The company’s vision is to foster an environment of payment flexibility and accessibility, ultimately simplifying and broadening digital transaction capabilities for businesses and their clientele.
SensePass has raised $3.0M across 1 funding round.
SensePass has raised $3.0M in total across 1 funding round.
SensePass is a technology company providing an advanced omnichannel payment gateway that connects point-of-sale (POS) systems to over 100 payment methods, including digital wallets like PayPal, Venmo, Apple Pay, Google Pay, and BNPL options such as Klarna and Affirm.[1][2][3] It serves retailers, mobile POS operators, self-checkout kiosks, call centers, and subscription services by solving fragmented payment experiences, enabling seamless online-offline transactions without hardware lock-in or extensive training, which boosts sales conversions, average order value (AOV), checkout speed, and reduces processing fees.[1][2] The platform's growth momentum is evident in partnerships like the 2025 collaboration with WeGetFinancing for in-store financing across the U.S. retail spectrum, highlighting its expansion in high-ticket financing and embedded payment orchestration.[1]
SensePass was co-founded by its CEO (Co-Founder & Chief Executive Officer) and CTO (Founder & Chief Technology Officer), though specific names and founding year details are not publicly detailed in available sources.[1] The company emerged to address the rigidity of traditional payment systems, particularly for retailers facing complex integrations and limited options for digital wallets and global processors.[4] Early traction likely built from its focus on omnichannel flexibility, evolving into a processor-agnostic gateway supporting 50+ platforms like POS, ERP, and apps, with pivotal moments including global payment method expansions and recent U.S.-focused partnerships amid rising demand for contactless, app-based payments.[1][2][3]
SensePass rides the wave of omnichannel retail payments, fueled by consumer shifts to digital wallets, BNPL, and contactless transactions post-pandemic, with market forces like rising e-commerce blending (projected to hit $8T globally by 2027) and demands for inclusive, low-friction experiences favoring its model.[2][3][4] Its timing aligns with U.S. retail's push for in-store pop-ups and experiential shopping, where seamless financing and wallet integration address checkout friction that causes 70% cart abandonment.[1][4] By enabling retailers to escape processor monopolies and hardware dependencies, SensePass influences the ecosystem toward decentralized, developer-friendly payments, democratizing access for SMBs and amplifying trends in embedded finance.[3]
SensePass is poised to capture more share in the $100B+ payment gateway market through expansions in crypto, AI-driven fraud tools, and deeper ERP/e-commerce integrations, especially as regulations evolve toward open banking.[3] Trends like super apps, Web3 payments, and global BNPL growth (expected 25% CAGR) will shape its trajectory, potentially evolving it into a full-stack fintech orchestrator. Watch for more U.S./EU partnerships and self-service kiosk dominance—tying back to its core strength in turning any smartphone into a universal payment rail.[2]
SensePass has raised $3.0M in total across 1 funding round.
SensePass's investors include Savyon Ventures, VentureIsrael, Viola Ventures.
SensePass has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in October 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 1, 2022 | $3M Seed | — | Savyon Ventures, Ventureisrael, Viola Ventures | Announced |