
Grazzy
Enhances financial wellness for hourly employees through digital tipping, instant payouts, and inclusive banking solutions.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
investor investor | €0.0 Valuation: €0.0 | round | |
* | $4.0m Valuation: $34.0m | Seed | |
Total Funding | 000k |
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Grazzy operates in the hospitality and service industry, providing a cashless tipping platform designed to enhance customer experience and reduce operating costs. The platform allows travelers to tip service staff digitally without the need for an app, using flexible payment methods. This service addresses a common pain point where travelers want to tip but often don't have cash on hand, leading to frustration and embarrassment. Grazzy's solution enables quick and secure tipping in less than 10 seconds, making it easier for customers to show appreciation for good service. The company primarily serves hotels, restaurants, and other service-oriented businesses, helping them to increase employee wages and improve customer satisfaction. Grazzy's business model revolves around charging service providers for the use of its platform, which in turn helps these providers retain valuable talent by offering a convenient way for customers to tip. The company makes money through subscription fees or transaction-based charges, depending on the client's needs.
Keywords: cashless tipping, digital payments, hospitality, customer experience, service industry, employee retention, flexible payments, no app required, quick tipping, secure transactions.