KodyPay: Raises £1.8M in Funding

  • 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
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Italy Fines Revolut €1.15M for Regulatory Violations

Revolut faces penalties due to non-compliance with Italian financial regulations.Highlights: Italy fines Revolut €1.15 million for regulatory breaches.The...

DeFi Platform Drift Suspends Withdrawals After Crypto Hack

Drift takes precautionary measures following security breach affecting user funds.Highlights: Drift has suspended all deposits and withdrawals after...

Cross River Bank Raises $50 Million to Accelerate Growth

The funding will enhance Cross River Bank's financial technology services.Highlights: Cross River Bank has raised $50 million in...

Kulipa Secures $62M to Enhance Stablecoin Card Issuing Infrastructure

Funding aims to strengthen cryptocurrency card services in the growing fintech market.Highlights: Kulipa raises $62M to enhance its...