Zapaygo Investments successfully raised £500,000

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Successfully funded

Capital at risk

Zapaygo Investments

90%

Raised: £450,000

Investors: 231

Target: £500,000

Equity: 5.00%

Pre-money valuation: £9,500,000

Zapaygo is an application that simply makes life easy when ordering and paying for any type of product or service. Users can order/pay for anything to be collected or delivered and also make instant payments. The team have secured contracts to increase the potential reach into the millions.

Mobile payments contract with The NEC Group www.necgroup.co.uk
Mobile payments contract with Verteda, MSL Solutions www.mpowermsl.com
Accepted on the EY High Growth Platform https://tinyurl.com/ybn8c647
Fully integrated into the EPOS of high profile UK sports stadiums

The company had £87,500 of its SEIS allowance remaining at the start of this raise. This will be allocated to investors on a first come first served basis. Any investments made after that limit has been exceeded will not be SEIS eligible but will potentially be eligible for EIS. The potential tax relief of any investment will be confirmed by email to investors, after they have submitted their applications to invest, and will depend on an investor's individual circumstances.

Idea

Zapaygo is initially focusing on the food & beverage, hospitality, sports and leisure markets. Zapaygo has contracts with listed and large corporate companies to ensure it reaches millions of users and thousands of venues.

Partners Verteda EPOS has around 750k weekly users and NEC Group will promote Zapaygo monthly to 28m people.

Planned Revenue Streams: Processing fees. Marketing advertising Discounts & rewards. Brand placement. Big Data.

Benefits to businesses are: Less cash on site. Ability to market to existing customers/Zapaygo users. Offer discounts/rewards to encourage repeat visitors. Improved efficiency. Combining app orders and orders to staff into one payment.

User benefits: Generally, save time and take the pain out of paying. Earn rewards and get discounts. Use Zapaygo as an approved form of ID verification in venues through Paycasso. Link account with other Zapaygo users. Peer to peer payments. Peer to peer messaging.

Commercial Highlights: Key strategic commercial partnership, delivering: Global brand awareness and trust. Mass user and venue adoption. Robust technology platform. EPOS integration benefits. Flexible payments processing with market-leading providers. Revenue opportunities via ads and consumer trend data. Scalable model, capable of replication internationally. Zapaygo has a branded commercial partner-led strategy to rapidly acquire users and venues.

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