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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
:max_bytes(50000)/https://files-crowdcube-com.s3.amazonaws.com/files/opportunity_section_media/original/201712/email_render_231740654cae32a19c535dcdadf837cb.jpg "Thyngs turns any physical object into an instant point of sale, connecting buyers, sellers and brands.")
Thyngs turns any physical object into an instant point of sale, connecting buyers, sellers and brands.
:max_bytes(50000)/https://files-crowdcube-com.s3.amazonaws.com/files/opportunity_section_media/original/201712/charity_80179041cbbd2ae884fe828ade887b84.png "We have created a sustainable business model in the £9.7 billion UK fundraising sector, with charities using our platform to turn collecting boxes, shops and staff into instant mobile donation points.")
We have created a sustainable business model in the £9.7 billion UK fundraising sector, with charities using our platform to turn collecting boxes, shops and staff into instant mobile donation points.
:max_bytes(50000)/https://files-crowdcube-com.s3.amazonaws.com/files/opportunity_section_media/original/201712/img_0742_8dd30e918e6efd7352e54902369f7e28.jpg "We have partnered with Angal, a leading supplier charity collecting devices, to add our technology to their collection boxes and buckets.")
We have partnered with Angal, a leading supplier charity collecting devices, to add our technology to their collection boxes and buckets.
:max_bytes(50000)/https://files-crowdcube-com.s3.amazonaws.com/files/opportunity_section_media/original/201712/wonderwoman_4df16291fe176330ca11f753d5e59cba.png "Global brands have also used our platform to engage and convert customers directly from marketing, merchandise, packaging and products.")
Global brands have also used our platform to engage and convert customers directly from marketing, merchandise, packaging and products.
:max_bytes(50000)/https://files-crowdcube-com.s3.amazonaws.com/files/opportunity_section_media/original/201712/partners_54a879f9bdd703a23699be1475cd27f9.png "We have established key relationships and integrations with manufacturers of smart products, mobile technology companies and payment platforms including Apple, PayPal, Stripe and Worldpay.")
We have established key relationships and integrations with manufacturers of smart products, mobile technology companies and payment platforms including Apple, PayPal, Stripe and Worldpay.
:max_bytes(50000)/https://files-crowdcube-com.s3.amazonaws.com/files/opportunity_section_media/original/201712/form_factor_examples_e1bd0dda7315972bfc201b8180d4c813.jpg "Our low-cost technology can be applied to or embedded inside almost any physical object, turning it into an instant mobile payment or engagement point.")
Our low-cost technology can be applied to or embedded inside almost any physical object, turning it into an instant mobile payment or engagement point.
:max_bytes(50000)/https://files-crowdcube-com.s3.amazonaws.com/files/opportunity_section_media/original/201712/dashboard_c8d764f6e29bdca880b211059aee829b.png "Our customers and partners can see in real time how engagement with their marketing, merchandise, packaging and products is driving sales, and calculate the exact return they are getting from their investment.")
Our customers and partners can see in real time how engagement with their marketing, merchandise, packaging and products is driving sales, and calculate the exact return they are getting from their investment.
:max_bytes(50000)/https://files-crowdcube-com.s3.amazonaws.com/files/opportunity_section_media/original/201712/thyngs_business_plan_fcac7f2e55483ddd974ce1f4f028ccaf.png "Providing an end-to-end proximity payments and marketing platform, we generate one-off, repeat and recurring revenues from hardware, software and transaction processing.")
Providing an end-to-end proximity payments and marketing platform, we generate one-off, repeat and recurring revenues from hardware, software and transaction processing.
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.
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