How much funding has Lopay raised?

Lopay has raised $7.3M in total funding, most recently a Seed round.

Who are Lopay's investors?

Lopay's investors include Backed, Portage Ventures, The Venture Collective.

Where is Lopay headquartered?

Lopay is headquartered in London, United Kingdom.

Lopay

The payment app that rewards small businesses with more control, more flexibility and more of the money they earn.

London, United Kingdom · Founded 2022 · $7.3M raised

Fintech

Headquarters: London
Employees: 11–50
Founded: 2022
Business Model: B2B

Website: lopay.com
Total Funding: $7.3M
Last Round: $7.3M SeedOct 2023
Rounds: 1

About

Lopay is a London-based fintech company founded in 2022 that provides a payment app and point-of-sale system for small businesses to accept card payments at low fees. The platform operates with no upfront fees, no contracts, and no monthly fees, offering transaction rates as low as 1.99% for UK merchants and comparable rates in the US market. Lopay's features include Tap to Pay via smartphone (in partnership with Visa and Stripe), team management tools allowing business owners to let staff take payments, flexible payout schedules, and expense tracking. The company has raised $7.35M in seed funding and serves small businesses primarily across the UK.

Summary

Lopay is a Fintech company based in London, United Kingdom, founded in 2022. It has raised $7.3M in total across 1 round, most recently a $7.3M Seed round in Oct 2023. Investors include Backed, Portage Ventures and The Venture Collective.