Lunch

Lunch is building the payment infrastructure for the offline economy.

Lunch is a company in mobility & physical ai based in Silicon Valley, California.

Profile

"Lunch is a fintech company dedicated to revolutionizing the payment infrastructure for offline transactions. With a mission to accelerate the flow of money in the $7.8 trillion paper check market, Lunch aims to introduce the convenience of credit card transactions to every paper check payment, starting with the scholastic sector. Key offerings include a subscription receivables service that automates invoice collection for vendors, immediate flat-rate factoring without credit checks, and online payment processing for schools. Notable achievements include processing $300k monthly in subscription receivables, with a waitlist demand of $500k for factoring services. Lunch charges a 5% fee for transactions and is currently securing a debt facility to expand factoring operations. Additionally, the company has secured an exclusive partnership as the payment processor for a scholastic marketplace with over 900 vendors."

The company sits in the mobility & physical ai segment, where it competes on its core product or service.

The business is associated with Silicon Valley, California.

Directory data places it at the Plug and Play portfolio startup stage.

Website: lunchpayments.com