Startups

DC-based Piper needs your vote

But the polls close soon. It's for the Startup Nations International Summit, in Seoul, South Korea.

CEO Morgan Giddings founded Piper in 2012. (Photo by Kin Barlow)

D.C.-based startup Piper will be repping Team USA at the third Startup Nations International Summit, a worldwide contest to be held in Seoul, Nov. 23-25.
“We’re very proud and honored to have been chosen at this point,” said CEO Morgan Giddings. “So I feel that we have already won.”
Perhaps, but you have until 10 a.m. tomorrow to help them win for real.
Giddings’ idea is simple as rock, paper, scissors: “Payments themselves have become more convenient but the receipt has been left behind,” she explained. So Piper stores all your receipts in a cloud so you won’t ever have to rummage through your purse for endless bits of crumpled paper.
But creating a widespread cloud technology for financial transactions has only become viable in recent years.
Key to Piper’s success is the “ability for very dynamic, elastic storage” and the “comfortable user attitude towards that,” said Giddings.
Giddings founded the company in Seattle in 2012, and then moved its operations to D.C. this April. She was drawn by the location. It’s between Atlanta and New York, two cities where her key partners, major point-of-sale vendors, are located.
She soon settled into 1776. The incubator “really established a central community” for D.C. startups, she said.
1776 nominated Piper for the Startup Nations contest, but did so quietly, almost on the sly. “It was a complete surprise to us,” said Giddings. “We didn’t even know that we were providing information” to sign up for the competition.
Now run by five employees, Piper is live in several undisclosed locations and is slated to launch officially in the second quarter of 2015.

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