We use cookies to improve your experience on this site. By viewing our pages, you give us consent to use cookies. Find out more.

Technology

Paysme

Status: Extended

Nov 24th 2020 - Dec 21st 2020

Paysme is a financial technology company. Its vision is to empower Small and Medium Enterprises (SMEs) with an application that gives them financial mobility by aggregating a suite of digital financial services on a single platform. Paysme has come out with proprietary apps such as cab:app, Marketti, and Fanslive. It has processed over 1.57 million card & contactless payment transactions, generated daily recurring revenue of £1.6 million to date from payments, and paid out £46 million of cash flow to SME customers. The company deployed over 900 contactless Point of Sale (PoS) devices to new customers during lockdown. It will use the investment to develop a 'driver friendly' national taxi booking app, grow the number of market traders using its contactless payments app, and secure its first sports club to launch the Fanslive stadium solution.

read more read less
  • £297,180
    pledged
  • 118%
    of goal

    £250,000
    target

    £6,416,667
    pre-money valuation

    3.75%
    equity available

    209
    investors

    £1,422
    pledge per investor

    07435577
    company number

    Active
    company status

    10/11/2010
    incorporated 10 years


0 comments

Log in to comment


Funding progress



More from Technology

SwipeStation is a mobile payment provider that is targeting stadiums, festivals, exhibitions, and other mass gatherings. SwipeStation argues that its service does not require users to have a phone connectivity which is unreliable or non-existent in most large venues. It claims that its mobile payment service works in airplane mode as well. The company's existing clients include organisations like Sodexo/Centerplate, Compass and Delaware North. It has expanded into music concerts that consist of stalwarts like Spice Girls, Olly Murs, Bon Jovi, and Chic. SwipeStation has also been felicitated with honours such as Ignite "Internet of Things" Award: Runner-up, WireHive 100 "Best Tech": Runner-Up, and W3 Silver Award Winner, amongst others. It will use 35% of the investment towards expanding its business development and operations team, 20% towards product development, 15% towards PR and marketing, 15% towards international expansion, and 15% towards increasing its inventory.
pledged: 105% days to go: 34 investment: £263,930
BlockDox is an urban digital solutions company that aims to solve challenges related to inception and maintenance of smart buildings and intelligent transportation via Artificial Intelligence and Internet of Things (IoT). BlockDox claims that space operators such as facility managers or transport operators lack the data or interpretation tools to manage physical spaces based on actual needs rather than fixed assumptions. The company's patented technology aims to change this. It leverages IoT to make spaces responsive to their actual utilisation in the present and in the future, helping customers to reduce operational wastage and improve space utilisation. BlockDox has generated £1.6 million in revenue over the last three years. The company installed over 100+ sensors across 100,000+ square feet in five countries. It has featured in publications like BBC, FT, Sunday Times, and London's Evening Standard, to name a few. The company will use 70% of the investment towards recruitment costs, 20% for growth marketing, 6% for equipment and, 4% for other costs.
pledged: 222% days to go: 34 investment: £278,270
Artists Ahead is a company that enables music rights holders to retain a greater proportion of the royalties generated by their music and protect their copyright. They argue that music royalties generate around £2 billion in revenue each year in the UK, but many artists receive a very small proportion of the income generated. Artists Ahead aims to change this and charge around 8% of royalties with the rest going to the artist. The platform collects both recording and publishing royalties, uses blockchain to provide proof of ownership, and holds all digital assets and royalty data in one place, accessible to the customer on any device. The company claims that its business model is transparent. They intend their business to reach maturity in 2025. It anticipates the purchase of its brand by potential buyers as a foreseeable exit plan. Artists Ahead also envisage an IPO permitting investors to trade their shares as another exit opportunity.
pledged: 0% days to go: 53 investment: Withheld
Fame Media Tech (FMN) is a Software-as-a-Service (SaaS) technology start-up that aims to transform the visitor, fan, and customer experience through technology-driven data perspectives. FMN asserts that sport and hospitality sectors have suffered from customer and fan isolation during COVID-19. FMN application, n-gage.io, addresses this situation. The company argues that its portal, combined with storytelling and innovation in digital media, can help companies to positively influence user behaviour, enhance engagement, and improve loyalty. FMN claims that companies can judge the above metrics through data diagrams on its portal as well. The company's early-stage proof of concept discussions extend across sport, hospitality, and visitor attractions such as Wembley Park and Bohemians FC. FMN's exit strategy would be via a trade sale to a media or technology business.
pledged: 22% days to go: 31 investment: £33,200
Hypha is an innovation intelligence platform. The company combines ontology mapping and graph processing to connect and leverage knowledge such that it is contextually aligned to an enterprise’s unique structure, systems, processes, and strategic objectives. Hypha deploys features on its platform such as clustering boards, browser extension tools, custom branding, and cloud-based deployment to help organisations achieve growth and profitability. The company has onboarded multiple entities on its integration roadmap, such as Miro, Microsoft Teams, Office 365, GSuite, and Dropbox, to name a few. The company has secured 6 enterprise clients worldwide, with IKEA as one of their illustrious clients. It will use 80% of the investment for product development and 20% for sales and marketing.
pledged: 116% days to go: 31 investment: £174,639

  • £297,180
    pledged
  • 118%
    of goal

    £250,000
    target

    £6,416,667
    pre-money valuation

    3.75%
    equity available

    209
    investors

    £1,422
    pledge per investor

    07435577
    company number

    Active
    company status

    10/11/2010
    incorporated 10 years

  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

  • The Guardian
  • Financial Times
  • Yahoo! Finance
  • The Times
  • The Daily Telegraph