KodyPay Raises £1.8 Million In A Bid To Transform The Payments Industry
PRIVATESep 14, 2020
Amount Raised
£1 Million
Round Type
Seed
Financial ServicesPaymentsFintech
Description
KodyPay (kodypay.com) is a new mobile point of sale app and payment aggregator. Its technology allows users to pay for goods in-store without queueing: making shopping a prompt and effortless process. As an Omni-commerce driven platform, KodyPay revolutionises the way we shop safely in a post-COVID society. Its contact-free process can achieve significant savings for both businesses and customers
Quick answer
Kody Pay raised £1 Million in a Seed round, dated September 14, 2020.
How much did Kody Pay raise?
Kody Pay raised £1 Million in a Seed round on September 14, 2020.
What does Kody Pay do?
KodyPay is on a mission to make in-person payment acceptance easy.
Source: Fundz verified event record.
Who else raised in Financial Services and Payments around the same time
Companies in the same sectors as Kody Pay that raised within 45 days of this round, from Fundz verified event records.
Nuvei raised $3.2M (Pre-Seed) on September 29, 2020.
Affirm raised $500M (Series G) on September 17, 2020.
GreenSky raised $2B (Funding Round) on October 23, 2020.
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Company Information
Company
Kody Pay
About
KodyPay is on a mission to make in-person payment acceptance easy. Today, paying in person presents common problems for businesses, such as high cost, long queues, and limited choices regarding payment methods. KodyPay fully integrates the payment ecosystem so that businesses can offer their customers more control over their payment choice, making their transactions both quicker and more convenient.
KodyPay was founded in the summer of 2018 by a small group of final-year high school students. 22-year-old Co-founders Yoyo Chang (CEO) and Jack Howell (CDO) have raised US$6m to date at KodyPay. Today, KodyPay's platform is growing to connect thousands of customers with venues across the UK each day.
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