Underpay
You don't need a credit card to earn rewards (anymore)
You don't need a credit card to earn rewards (anymore)
Underpay is a UK-based startup founded in 2022 with a mission to revolutionize the way consumers earn rewards. The company's slogan, "You don't need a credit card to earn rewards (anymore)," reflects its innovative approach. Underpay offers a unique solution in the finance, financial services, fintech, and payments industries, allowing users to pay by bank and earn rewards without the need for a credit card or new bank account. The company's model enables customers to simply check out online using their existing bank accounts and receive a minimum 1% back in rewards. In February 2023, Underpay secured a $200.00K Pre Seed Round investment, signaling early investor interest in its disruptive concept. This injection of capital will likely support the company's growth and development as it seeks to carve out a niche in the evolving fintech landscape.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Pre Seed Round | £200.00K | - | 01 Feb 2023 |
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