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London Fintech Startup Coupay Secures £200K To Help Smes Get Payment Faster

Jun 15, 2021•over 4 years ago

Amount Raised

€200,000

Round Type

pre-seed

London

Description

Open banking is powering technological innovations that help SMEs reduce the impact of late payment of invoices.

Company Information

Company

Coupay

Location

London, Ontario, Canada

About

Coupay uses bank-level encryption and is FCA regulated to keep the money safe. At Smart Pension, we support over 80,000 active SMEs and we do a lot of user research into their wants and needs; I am really impressed with the sharp focus Coupay has on smart invoicing and open banking payments to make life easier for busy individuals. Based out of London, Coupay is one such startup that leverages open banking and user insights to help small businesses get from sales to cash faster.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech