Join to invest

Already registered? Log in

100%
Raised
£301,310
Investors
349
Target
£300,000
Equity
12.24%
Pre-money valuation
£2,150,000

Thyngs is a mobile technology platform that turns any physical object into an instant point of sale, connecting buyers, sellers and brands. With a sustainable business model in the UK charity sector and key partnerships in place, we are now targeting growth in the mobile proximity payments market.

  • Designed to turn any physical object into an instant point of sale
  • Founder has previously founded and exited a business in this sector
  • Key relationships with Apple, PayPal, Stripe, Worldpay and others
  • Over 250,000 units sold to date, and more than 125,000 conversions

Idea

Thyngs is a mobile technology platform designed to turn any physical object into an instant point of sale using QR & NFC tags.

By harnessing the technology in today's smartphones, consumers can purchase anything without going to a till or downloading an app, retailers can sell anything without needing a payment terminal, & brands can drive mobile engagement and sales.

We've built a simple, secure and affordable way for any business to take advantage of the growth in mobile payments, and have already created a sustainable business model in the £9.7 billion UK fundraising sector.

Charities are using our platform to turn collecting boxes, shop windows and even staff into instant mobile donation points, more than covering ongoing costs with the extra income generated through Gift Aid. Global brands are also using it to engage and convert customers directly from marketing, merchandise, packaging, and products.

With over 250,000 units sold to date, we have the broader market for mobile proximity payments – predicted to account for $410 billion in sales by 2020 – firmly in our sights. We've already established relationships with companies like Apple, PayPal, Stripe and Worldpay, and our focus is now on growing the business & becoming the de facto method of triggering mobile payments and marketing conversions from physical objects.

There are commercial and directors loans in the business.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

To see the rest of the Thyngs pitch, join now. It's free, quick and easy.

Due to financial regulations, you need to join our community to view the full investment opportunity.

Join

Already registered?
Log in

Risk warning

Investing in start-ups and early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. Crowdcube is targeted exclusively at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. You will only be able to invest via Crowdcube once you are registered as sufficiently sophisticated. Please click here to read the full Risk Warning.

Crowdcube is authorised and regulated by the Financial Conduct Authority (FCA) and the Comisión Nacional del Mercado de Valores (CNMV). This page has been approved by Crowdcube. Pitches for investment are not offers to the public and investments can only be made by members of crowdcube.com on the basis of information provided in the pitches by the companies concerned. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

Thyngs has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.