Lopay
The payment app that rewards small businesses with more control, more flexibility and more of the money they earn.
The payment app that rewards small businesses with more control, more flexibility and more of the money they earn.
Lopay is a United Kingdom-based startup that offers a payment app aimed at empowering small businesses. Their slogan, "The payment app that rewards small businesses with more control, more flexibility, and more of the money they earn," reflects their core mission. The app provides businesses with the ability to choose when they get paid, offering more control and flexibility. Moreover, Lopay aims to help businesses keep more of their earnings, with rates as low as 0.79% - less than half the price of competitors like SumUp and Zettle.
The company, founded in 2022, received a significant boost with a £6.00M Seed Round investment on 11 October 2023. The investors participating in this round include BACKED, The Venture Collective (TVC), Portage Ventures, and Redbus Ventures. This injection of capital can bolster Lopay's efforts to expand its presence and enhance its offerings in the Financial Services and Payments industries, potentially positioning it for substantial growth and success in the future.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | £6.00M | 4 |
|
11 Oct 2023 |
Lopay partners with fintech YouLend
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