
Backpack
Backpack is building the modern education payments network.
Backpack is a payments infrastructure company building the first payments operating system for universities, streamlining the flow of external payments for complex payment types representing ~$100BN in annual volume. As education becomes more expensive, students and their families are increasingly looking to a broader array of funding sources, including 529 college savings plans, outside/private scholarships, third-party sponsors, and family contributions - we are bringing these online by building the first payments system for these payment types.