UK PAYMENTS FINTEC STARTUP etepay Today it has announced that it has collected $ 4 million to continue expanding its all-payment platform and introduce new products.
Yepy Ray: Cap, Berlin-based Fintech has agreed up to $ 2 million with a Debt-dollar-has become the first UK business to benefit from the REE: Cap € 125 million credit facilities, As reports by EU-StartpsThe They have simultaneously raised € 1.9 million equity from the super angel investors. Angel supporters include Paul Statham (condeco, thoma bravo), Mark Blandford (Blancford Family Office), Ben Whitaker (Masabi), Lloyd Amsdon (Watchfinder), Kristan Renar (PCP Capital) and Cyon SchwiBank (Helpbank).
“We have focused on increasing the minimum amount required and selecting investors that bring the experience of the valuable deepest payments, combined with innovative non-dwight funds: Cap,“Said Oliver PugThe founder of Yepai.
“We are in the David vs Goliath war with our larger competitors, where their huge OPEX promises presents an important opportunity for our nimble, innovative and customer -centric approach. We have raised the capital in a leaning, sustainable non-dueling way, and provided products that give the actual benefits-2025 more to come in, “ He added.
CEO Oliver Pug established in 2017, ETPY is a payment company that provides fast, low -cost terminals and processing for hospitality, retail and service sectors. The company has raised more than $ 6.9 million money across the United Kingdom, Italy and Spain with plans to expand the United States, Australia and New Zealand.
The goal of the YAP platform is to facilitate payment for business, provide equipment that pays faster and easy for customers and saves business time and money.
Clients include brands like Birdog, Pho, Grasso Soho, Catchenhaus and Zenith.
“We are thrilled back back to Yepa as our first customer in the UK” LukeRe -Chief Commercial Officer: Cap. “Clearly defined in the market when providing very sticky products – their skills in creating significant traction with a thin, focused group turn them into an exceptional partner and acting as an exciting organizationThe “
Yepai is the first UK company that Berlin’s RE: Cap -backed by Caps, highlighting the growing speed behind the models of the alternative funds of Europe and fintech ecosystem. Yapipe’s ARR has 5.4 million dollars and currently processing $ 520 million per year in transactions.
The goal is to compete with the largest players in the transaction amount at the time of risk at ETPE.
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