When was Dropp founded?

Dropp was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Where is Dropp located?

Dropp is headquartered in Newark, United States. It is registered at Ogres nov., Ogresgala pag., "Leiši".

Who is the current CEO of Dropp?

Sushil Prabhu of Dropp. They have also founded 1 company.

How many employees does Dropp have?

As of Aug 31, 2026, the latest employee count at Dropp is 12.

Is Dropp a funded company?

Dropp is a funded company, having raised a total of $***** in its 1st and only funding round, a Grant (prize money) round on Apr 14, 2022.

When was the latest funding round of Dropp?

Dropp's latest funding was a $***** Grant (prize money) round on Apr 14, 2022, with participation from 1 investor. Its primary sector is Payments. In United States, the Payments sector has seen $7.55B in funding in 2026 to date.

Where does Dropp rank among its competitors?

Dropp ranks 31st amongst 208 active competitors, of which 31 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was NALA, which secured $25M in May, 2026.

Who are the top competitors of Dropp?

Dropp's top competitors include Venmo, NALA and Curve. Among them, NALA secured the most recent funding round in May, 2026.

Dropp - 2026 Company Profile, Team, Funding & Competitors

Company Details

Dropp is a “pay-per-use” small-value transaction platform designed to make it easy for consumers to purchase small-value goods and services securely without signups.Dropp enables the “Pay-per-usage” model that appeals to a growing customer base that wants to use services on an ad-hoc, on-demand basis and only pay for what they use. Consumer goods and services ranging from renting a scooter, using a vending machine, paying for parking, to buying a cup of coffee could immediately benefit from Dropp. Additionally, merchants providing cloud-based data API, market data feed, IoT sensor data, and others facing a similar challenge can leverage this platform to offer their services in smaller increments.

Website: dropp.cc
Social
Registered Address: Ogres nov., Ogresgala pag., "Leiši"

Key Metrics

Founded Year

2020

Location

Newark, United States

Stage

Funding Raised

Latest Funding Round

Grant (prize money), Apr 14, 2022, $*****

Investors

HBAR Foundation & 1 more

Ranked

31^st among 208 active competitors

Employee Count

12 as on Aug 31, 2026

Similar Companies

Grab & 2016 more

View Dropp's full profile

Dropp is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
DROPP CIN: 40203240368 , Latvia, Active	Feb 11, 2020	€0 - €1M (As on Dec 31, 2021)	1 (As on Dec 31, 2020)	-

Dropp has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Apr 14, 2022 for $*****. 1 investor participated in its latest round. Dropp has 2 institutional investors.

Here is the list of recent funding rounds of Dropp:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 14, 2022	9302300	Grant (prize money)	3518051	1629575	3932759	9111349

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View details of Dropp's funding rounds and investors

The founders of Dropp are Shawn Traynor and Sushil Prabhu. Sushil Prabhu is the CEO of Dropp.

Here are the details of Dropp's key team members:

Shawn Traynor: Co-Founder of Dropp.
Contact Info: 1 email address
Sushil Prabhu: Co-Founder & CEO of Dropp.
Contact Info: 1 email address

View details of Dropp's Founder profiles and Board Members

Dropp's employee count trend

Dropp has 12 employees as of Aug 26. Here is Dropp's employee count trend over the years:

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Top competitors of Dropp include Venmo, NALA and Curve. Here is the list of Top 10 competitors of Dropp, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Venmo 2009, New York City (United States), Acquired	Provider of a platform for sending and receiving payments between users	$1.3M	RRE Ventures, Lerer Hippeau & 8 others	76/100
2nd	NALA 2017, Nairobi (Kenya), Series A	Online cross-border remittance platform for individuals	$50.2M	Amplo, Accel & 21 others	73/100
3rd	Curve 2015, London (United Kingdom), Acquired	Provider of digital wallet software consolidating multiple payment card accounts	$323M	Cohen Circle, IDC Ventures & 105 others	72/100
4th	Zelle 2016, Phoenix (United States), Unfunded	App-based wallet for consumer payments	-	-	66/100
5th	Cash App 2013, San Francisco (United States), Funding Raised	Online platform for save, send, spend, and invest	-	Blockchain R&I	62/100
6th	Verse 2015, Barcelona (Spain), Acquired	Digital wallet for consumer & business payments	$70M	Spark Capital, Greycroft & 19 others	60/100
7th	Amazon Pay 2007, Seattle (United States), Unfunded	Payment gateway provider	-	-	60/100
8th	QIWI 2008, Moscow (Russia), Public	Card-linked wallet for consumer payments	-	Amereus	57/100
9th	Innovative Payment Solutions 2013, Northridge (United States), Public	White-label solutions for blockchain-enabled wallets	-	-	57/100
10th	Decaf 2022, Miami (United States), Seed	App-based wallet platform for crypto assets	-	MH Ventures, Visa & 2 others	56/100
31st	Dropp 2020, Newark (United States), Funding Raised	App-based wallet for consumers and businesses	-	HBAR Foundation & 1 others	41/100