San Francisco, Calif. –– July 6, 2016 — Kash, the next generation payment company, announced it has acquired certain assets of SmartFi and has expanded its San Francisco team by hiring Johnie Lee, the Founder of SmartFi and former senior member of the Google Wallet engineering team. While at Google, Johnie was the initial engineer on both Google Wallet for Loyalty and Android Pay Hands Free.
SmartFi was started in late 2015 by Johnie Lee, formerly of Google Wallet, and Davar Dana, 10+ year veteran on Wall Street, with the mission to build smart financial products that help consumers manage their money effortlessly with intelligent automation.
Transaction details related to SmartFi will not be disclosed.
“Led by Johnie Lee, SmartFi was building one of the most exciting pieces of financial automation software,” said Kaz Nejatian, CEO of Kash. “We are excited to leverage Johnie’s experience and apply it to product solutions that fix how payment works.”