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KodyPay Raises £1.8 Million In A Bid To Transform The Payments Industry

Sep 14, 2020•almost 5 years ago

Amount Raised

£1 Million

Round Type

seed

LondonPaymentsFintechFinancial Services

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

Company Information

Company

Kody Pay

Location

London, Ontario, Canada

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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