Faizpay is a financial technology entity that provides a cost-effective alternative to card payments in-store and online. The company facilitates account-to-account payments from a consumer to a merchant via 'Open Banking' as per the European Revised Payment Services Directive (PSD2) and bespoke direct Application Programming Interface (APIs) with financial institutions, when available. It asserts that their online tool provides seamless integration with a retailer’s e-commerce system including plug-ins and Software Development Kit (SDKs) for WordPress, Android and iOS. FaizPay states it also allows merchants to offer first-time and regular discounts that automatically apply to transactions. The company has 71 fully registered merchants with 95 registered terminals. FaizPay has onboarded the nine biggest UK banks and signed notable entities like Monzo, Revolut and Starling. The company will use the investment to grow its team, hire additional tech development and sales personnel, apply for an e-money license in the UK, and seek relevant financial authorisation to provide its services in the European Union (EU).
days to go:
Expired
investment:
£536,714
easyHire is a cloud-based technology platform that deals in event and construction equipment rentals. It possesses over 3 million pieces of inventory. easyHire is operating in the £23 billion equipment rental industry in Europe and aims to be the category leader in it. The company raised £1.5 million from leading investors and built a revenue-generating Software as a Service (SaaS) platform. It is backed by renowned entrepreneurs Sir Stelios Haji-Ioannou and Fabio Cannavale, as well as, venture capital firm Pilabs. The company owns brand exclusivity for the easyToolhire and easyEventhire franchises across 30 territories. It continued to strengthen its business during the COVID-19 pandemic in Italy. easyHire will use the investment to open up new markets, invest in product development, and boost its marketing initiatives.
days to go:
Expired
investment:
£520,161
Strowz is an innovative, all-in-one financial lifestyle App that allows users to create multiple savings buckets earning 2% interest, link bank accounts and credit cards, invest in high growth funds, and set up customised round-ups. The Strowz App combines technology, finance, lifestyle and helps users save and invest intuitively. As of May 2020, Strowz savers have targeted over £3.6 million across 260+ savings buckets. The company also won the 'Best Programmatic Technology For Trading Award' for three consecutive years in 2017, 2018, and 2019 from WSL and Fund Technology awards. The company's growth strategy will include 'Word Of Mouth' referrals, social media & digital ads, strategic partnerships, amongst others. The company will use the investment funds to increase growth, focus on product development, and launch Strowz in Canada and the US.
days to go:
Expired
investment:
£275,009
Unifi is a social community app designed by university students for university students. The app allows students to discover one another, connect, debate, find local work and interact in the campus marketplace. Unifi aims to create micro-communities across campuses. The company aims to solve the problem of isolation and lack of inclusion on university campuses, which have populations of anywhere between 20-40,000 students. The company conducted surveys amongst 1,000+ student participants where over 85% ultimately responded that they would use Unifi. They will use 40% of the investment for marketing expenses, 21.5% for paying staff, 25% for app development, 11% as working capital, and 2.5% as administrative costs.
days to go:
Expired
investment:
£243,038
Body Rocket is a company that aims to revolutionise athlete performance by developing real-time aerodynamic analysis. Its proprietary wind tunnel sensor can be fitted discreetly on any roadgoing or track bike. The device measures drag and gives relevant data that can be used to reduce aerodynamic force whilst cycling. In a $2.1billion market, Body Rocket aims to bring forth this technology to individuals and organisations. In December 2019, the company's patented system was validated in the University of Southampton wind tunnel, an industry-first achievement, which attracted considerable interest from industry press, pro teams, and university researchers. With the investment, the brand will formalise strategic partnerships with pro teams, build its current prototype to a Minimum Viable Product (MVP) by the end of 2020 and launch its commercial product at Eurobike 2021.
days to go:
Expired
investment:
£251,892
Vendoir aims to become the go-to app for instantly sourcing and booking event vendors on-demand with ease. It intends to operate as a marketplace model and earn revenue through commission on each transaction and via premium accounts. It asserts that it is part of the London & Partners Business Growth Programme Spring Cohort 2021. The company endeavours to disrupt the £43 billion UK events market post-Covid-19 with an on-demand app. It has a waitlist of more than 1300 interested clients and has featured in Forbes. The company will use the investment to accelerate its product launch.
days to go:
Expired
investment:
£172,457
URocked is a service platform that allows users to tip any worker in any industry, anywhere via its app. The latter will receive cashless gratuities into their account. URocked asserts that a tip can be sent via its app in 10 seconds with 100% reaching its intended recipient, at no cost to them. It aims to become a contender in the est. £5.2 billion tipping industry in the UK. URocked points out that its app allows business and venue owners to use one account as their ethical cashless tipping system, eliminate the costs and administration of distributing tips, and create a transparent audit trail. The company will send 20 pence for every transaction done on its portal to 'The Trussell Trust' to help end world hunger. It will use the investment to transform the tipping industry whilst aiding in the fight to end world hunger.
days to go:
Expired
investment:
£117,602
Urban furniture in cities, which doubles as a hub to provide the public with access to Wi-Fi, mobile phone charging and more. Strawberry Energy have created the award-winning Smart Bench that is 100% solar powered and can show local city information. The company has already distributed 20 Smart Benches across London with 40 more locations confirmed and at least 35 more in the pipeline in 3 London boroughs. The company has brand partnerships with Cancer Research UK and Ford.
days to go:
Expired
investment:
£360,630
Found is an order-ahead-and-pay solution for the pickup-and-go/dine-in market. The company aims to address the pain points of quick-service restaurants and their customers through its app. The app allows contactless ordering and payment at multiple venues via a single sign-in. Found asserts that its app enables restaurants and venues to benefit through enhanced data insights into their operations/customers and experience an increase in their profits. The company claims that the COVID -19 situation further necessitates the need for its app. Found is positioned to enter the £88 billion UK Food & Beverage (F&B) industry in August 2020. It will use the investment for marketing, venue onboarding, user acquisition and operational setup in London.
days to go:
Expired
investment:
£157,055
Kvasir Analytics is an AI knowledge management software company that helps businesses improve the efficiency of their operations. The company has completed user testing with Arm, the BBC, and the Home Office and has recently signed a commercial contract with Mott MacDonald. Kvasir asserts that Fortune 500 companies lose roughly $31 billion/year by failing to share knowledge. It aims to change this scenario. The company argues that its product helps an engineer, for instance, to draft a customised response to a product enquiry. Kvasir’s AI technology analyses the document continuously as the engineer writes their response, searching through complex public and private information and provides relevant data in real-time. The company also cites that there are no known solutions available to businesses today that can deliver the user experience that Kvasir delivers. Kvasir will use the investment received to accelerate product development and sales.
days to go:
Expired
investment:
£1,449,994
