Binkey provides an AI-enabled item-level authentication platform for managing and verifying eligible products for FSA/HSA payments.

Binkey

Binkey offers an API-enabled payment service that helps merchants accept pre-tax, health benefits, like FSA and HSA, as a form of payment at checkout and allows customers to save on out-of-pocket health expenses (Paypal for your health). 

We're honored to be invited to The Lead's conference in New York this week to accept an award for being a part of The Leading 100 List. 
 
Proud to be included alongside so many other amazing and innovative tech start-ups shaping the future of Brand-to-Consumer experiences. Our Founder and CEO, Obiaku Ohiaeri accepted the award on behalf of the entire Binkey team.

This motivates us to keep pushing the boundaries of consumer health payments, and to strive towards our goal of empowering millions to save billions on better health.

A huge thank you to The Lead for hosting this fantastic event, and to Plug and Play Tech Center for nominating us!

We are thrilled to welcome Nicolas Herrera to the Binkey Team as our Chief Technology Officer.

Nico brings a wealth of experience in data management, business intelligence, and crafting large-scale solutions for some of the largest healthcare organizations in the US during his time at McKinsey.

We’re excited to embark on this new chapter with Nico, and looking forward to leveraging his deep knowledge of the healthcare industry to build better solutions for our partners and their customers.

https://lnkd.in/gQB4nsKb

Thank you The Lead for featuring Binkey in the Leading 100 List. The Leading 100 2024 list includes some of the most innovative companies improving the purchasing journey for consumers.
 
Thank you Plug and Play Tech Center for nominating us.
 
Full list here: https://lnkd.in/e7ncwWd7 #Leading100

We are proud and humbled to announce our $3.3M seed funding round to accelerate our mission of empowering millions to save billions on better health. Our funding round was led by Wellington Management's Wellington Access Ventures (WAV) with participation from SpringTide Ventures, 3CC | Third Culture Capital, and Plug and Play Tech Center. 
 
Since our launch last year, the market reception we've witnessed has been incredible. We are grateful to our investors, customers, partners, and supporters who believed in us from inception.
 
The relationship between one's financial health and their physical/mental health is often overlooked. At Binkey, we make sure that individuals and families are maximizing their health benefit dollars, investing in their health, and saving on their health expenses.
 
The Binkey Solution includes -
✅ Real-time, item-level adjudication - powered by our proprietary AI platform featuring over a million SKUs of first party data 
✅ 100% compliant payment processing of FSA/HSA and other benefits (more to come in early 2024)
✅ Automated reimbursements with all major health plans/third party administrators
 
This is just the beginning of our journey! Binkey will touch every health benefit dollar a consumer spends… Stay tuned! 🚀 
 
Thank you, Axios for announcing our fundraise! Read the full story below - enter your email to access the article.
https://lnkd.in/dj_wDXxR

#health #benefits #personalfinance #paymentprocessing #data #adjudicationplatform #fintech

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