- KodyPay, a UK-based new mobile point of sale app and payment aggregator, raised £1.8m in funding
- Leading the financing was Cognition Foundry and Hank Uberoi, alongside a group of high-profile private investors
- These include former members of senior management from Legal and General, Verifone and HP
- KodyPay is a new mobile point of sale platform and payment aggregator
- It enabling businesses to perform all the necessary actions to carry out a standard electronic transaction
- The company has also entered into a partnership with Cybersource, a Visa Solution
