Established in 2020
Hospitality Meets Fintech
We create digital solutions for the evolving cashless tipping economy
Three Trends & Three Friends
Use of cash has fallen dramatically in the past few years, creating friction and inefficiencies in the tipping economy. A global pandemic has increased demand for contact-free business interactions. The US has adopted QR codes as a mainstream tool for every day tasks.
Co-Founder & CEO at youtip
Doug is a 20-year fintech veteran who too frequently found himself without the cash to tip during business travel. Noticing the rapid adoption of QR codes in the US, he dusted off an old idea to pitch to his friend in hospitality.
E*TRADE/Charles Schwab/Silicon Valley Bank/OptionsHouse
Co-Founder & CCO of youtip
Sarah has been in hospitality and technology for 20 years. She recognized that the fallout from the pandemic would require serious changes in service technology as the hospitality industry recovered and jumped in to do her part by leading youtip.
Amadeus/Newmarket/React Mobile/Hospitality Maven
Co-Founder & CTO at youtip
Nicholas led the development of award-winning, complex tech solutions in online brokerage, insurance, and benefits administration for 12 years. Seeing an opportunity to solve a growing, widespread problem piqued his interest enough to tackle the creation of the youtip digital tipping system.
Charles Schwab/Snapsheet/Jellyvision/Youth Media
- To be the simplest, quickest substitute for cash in tipping situations
- To provide a system that benefits businesses, workers, and tippers
- To integrate wherever possible (ie PMS, POS, apps, etc) to accommodate tipping transactions
- To evolve in parallel with payment and feedback technology