London, United Kingdom
Tomato Pay is revolutionizing the fintech space from its headquarters in the United Kingdom with an ethical and cost-effective approach to digital payments. Founded in 2014, the company targets Financial Services and Fintech industries, offering a no-fee QR-code payment and invoicing solution tailored for small businesses and traders.
The platform is noted for its user-friendly interface, allowing businesses to manage multiple bank accounts from a single location. Its invoicing tool is designed to produce professional invoices efficiently, integrating gamification and behavioral science to encourage timely payments through discounts and penalties.
The most recent venture investment was in March 2021, supported by Ascension Ventures (UK). This backing signals confidence in Tomato Pay's innovative model, which promises expedited fund access while eliminating payment processing fees — a significant value proposition for its diverse user base.
