CASHDROP

May 18, 2023 by  Adam Tung

CASHDROP, launched in January 2020, is a cloud POS Company with a twist on the economic model. Merchants access full capabilities of the app for free, and CASHDROP charges the merchant’s end customer a 5% convenience fee. It aligns CASHDROP to remove as much friction as possible for the merchant, since they only make money when the merchant does.

 

CASHDROP has tapped RockWater numerous times to advise on its fundraising and M&A activities.

 

The crew at RockWater are some of the most competent people I’ve ever worked with, and can parachute into a new project with lightning speed. They are always the first advisor I call, when I want to do something BIG

 

Benjamin Vear, President and Member of the Board

 

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