Tech Company Financing Transactions
Lopay Funding Round
Backed VC, Portage and The Venture Collective joined a $7.3 million Seed venture round for Lopay. The financing round was recorded on 10/11/2023.
Transaction Overview
Company Name
Announced On
10/11/2023
Transaction Type
Venture Equity
Amount
$7,274,000
Round
Seed
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
20-22 Wenlock Road
London, England, N1 7GU
UK
London, England, N1 7GU
UK
Phone
Website
Email Address
Overview
We started Lopay because we noticed that UK small businesses are paying too much just to get paid. Global payment giants are taking a hefty percentage of every payment, without offering the flexibility or friendly support that these businesses need. So Lopay launched in January 2022, created by a team of experts with years of experience building payment and technology products.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Richard Carter
Chief Operating Officer
Lucinda O'Rourke
Chief Technical Officer
Oliver Mahoney
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Next: 10/11/2023: JetCool venture capital transaction
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Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here come from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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