RingPay

RingPay is a fintech startup founded in 2013 and based in the United Kingdom. The company's flagship product is an app that aims to revolutionize everyday shopping by eliminating the need for physical coins. With a vision to digitize loose change, RingPay offers a seamless mobile payment experience for both customers and merchants, with zero-tap transactions, end-to-end security, and a user-friendly interface. The innovation lies in the ability to completely dematerialize coins, collecting the change in a digital piggybank for convenient use or withdrawal, while also providing automated loyalty benefits. In May 2014, RingPay secured a $55.00K Seed Round investment from iSeed, Alberto Barbieri, and Stefano Tresca. This funding has allowed the company to further develop its mobile payment solution and expand its market presence. With its unique approach to merging real cash with mobile payments, RingPay presents an innovative proposition that not only facilitates convenient transactions but also offers potential value to customers, businesses, and financial institutions in terms of cost savings, customer engagement, and loyalty. As a mobile-based solution with no extra hardware required for merchants, RingPay simplifies the payment process and provides hyper-local deals and rewards, demonstrating potential for growth and impact within the fintech and internet industries.