Lopay logo — The payment app that rewards small businesses with more cont...

Lopay

The payment app that rewards small businesses with more control, more flexibility and more of the money they earn.

Founded 2022 United Kingdom London, United Kingdom 42 employees Seed Total: $6.00M

General Information

Company Name Lopay
Founded Year 2022
Location United Kingdom London, United Kingdom +1
Employees 42
Funding Stage Seed
Social

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About Lopay

Lopay is a dynamic payment app founded in 2022 and headquartered in the United Kingdom. With a strong focus on empowering small businesses, the company offers a solution that promises more control, flexibility, and profitability for its users. By letting businesses choose when they get paid and offering competitive transaction rates starting at 0.79%, Lopay provides a more cost-effective alternative to competitors like SumUp and Zettle.

The company recently secured a £6.00M Seed investment dated 01 October 2023, with backing from notable investors such as BACKED, The Venture Collective (TVC), and Portage Ventures. Lopay's ability to offer various payment methods—including card readers, payment links, and Tap on Phone—positions it well for growth in the evolving fintech landscape. The app’s comprehensive features, from team management to stock tracking, make it a compelling choice for small businesses aiming to streamline operations and enhance financial control.

Taxonomy: Payment Solutions, Small Business Empowerment, Financial Flexibility, Instant Payments, Digital Payment Tools, Card Reader Solutions, Mobile Payments, Payment Processing, Business Control Features, Team Management, Reporting and Analytics, Stock Management, Subscription Payments, Cost-Efficient Payment Processing, Financial Technology

Services & Products

Payment App
Expense & Rewards Card
Card Reader
Business Terminal

Target Customers

Independent Entrepreneurs Small Business Owners Taxi & Transport Services & Sole Traders Salons & Spas Vet & Pet Mobile Business Fixed Premise Business

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed •••••• 3
Investor Investor Investor
01 Oct 2023

Lopay Alternatives & Competitors

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Lopay vs

Settle debts between you and your friends without the awkward.

Equity Crowdfunding
16 employees
Financial Services, Fintech
Lopay vs
Streamlined
Streamlined United States

Smart, seamless invoicing and AR that gives your B2B customers more ways to pay.

Seed
6 employees
Fintech, Payments
Lopay vs
Kem
Kem United Arab Emirates

The Global Money App - Spend Crypto, Gold and more, anywhere in the world.

25 employees
Fintech, Payments

FAQ About Lopay

The payment app that rewards small businesses with more control, more flexibility and more of the money they earn.
Lopay was founded in 2022.
Lopay is headquartered in London, United Kingdom.
Lopay has approximately 42 employees.
Lopay has completed 1 funding round, raising a total of $6.00M. The latest funding stage is Seed.
Lopay offers: Payment App, Expense & Rewards Card, Card Reader, Business Terminal.
Top alternatives and competitors to Lopay include Steven AB, Streamlined, Kem, Zelle ®, Spot Money . These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Lopay and Steven AB are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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