TLDR:
Founder of Twig, Geri Cupi, launches a new “circular economy” startup called Wingpay in San Francisco after Twig shuts down. Wingpay recruits senior staff from Twig and aims to help users sell unwanted items for cash.
Founder of Twig, Geri Cupi, who previously shut down his fintech startup Twig, has launched a new “circular economy” startup called Wingpay in San Francisco. Cupi, a Forbes 30 under 30 winner, founded Twig, a payments platform focused on the circular economy trend, which shut down earlier this year due to financial difficulties. Cupi has now founded Wingpay, which allows users to sell unwanted items for cash and recruits senior staff from Twig.
Wingpay is positioning itself as part of the “new generation of the circular economy,” aiming to make a positive impact on the world and user’s wallets. The app is currently available in the UK and US, with plans to expand to more countries soon. The senior staff at Wingpay have significant ties to Twig, indicating a potential continuation of Cupi’s vision in the new venture.