STUYPEND

Stuypend, based in Bed-Stuy, Brooklyn, is a mobile-based digital payment alternative for small businesses. Instead of taking a % of every transaction, they charge only a low, flat monthly fee, helping merchants every time someone pays with their app. They also give small mom-and-pop shops access to modern data-driven marketing, generating insights on customers to target and deliver coupons and promotions directly to them via the Stuypend customer app.