Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

First FinTech Super App for SMEs in UK & Ireland launches funding round

Paysme launches £1 million funding round on Globacap platform

∙       Paysme is a single platform that delivers FinTech services such as mobile payments, e-commerce, digital banking, accounting, lending and insurance via a Super App

∙       Paysme is designed to support the UK’s six million underserved SME companies

London, 9 August 2021: Paysme, a new FinTech platform for small businesses, has today launched its million funding round on the private capital platform Globacap to expand Europe’s first-ever business-to-business Super App.

Paysme is already partnering with significant payment providers including Barclays, Railsbank, TOQIO, Bambora, and Cybersource to deliver a combination of mobile payments, e-commerce, digital banking, accounting, lending, and insurance services in a single app.  Its FinTech platform currently powers financial services for over 3,000 underserved small businesses to accelerate their transition to the digital economy.

Paysme’s services are personalised for specific industry channels and the Company is working across a range of traditional enterprises that are part of the history and fabric of the UK’s local communities such as:

∙       Fanslive – digitising football and rugby matchday experiences

Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!

By submitting this form, you are consenting to receive marketing emails from: Global Banking and Finance Review, Alpha House, Greater London, SE1 1LB, https://www.globalbankingandfinance.com/. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

∙       Marketti – creating an online shopping community for the high street traders

∙       Cab:app – a national taxi booking app for iconic black cabs and licensed taxis with professional drivers in more than 50 locations across the UK and Ireland

Proceeds from Paysme’s fundraising will be used to continue enhancing and expanding its services to support over 1.3 million companies across the UK and Ireland with untapped potential due to insufficient digital infrastructures. This represents a marketplace of almost six million businesses in the UK and Ireland with a value of £111 billion, and a further 25 million small businesses across Europe.  The funding round on the Globacap platform can be accessed directly from the following link or indirectly via the Paysme website (https://www.paysme.co.uk/).

Derek Stewart, Paysme’s Founder and CEO, commented:

“Paysme is at the core of the circular economy, championing the needs of local businesses and the communities they serve. These companies are the beating heart of our high streets and have been decimated by the pandemic – with almost 30 per cent of all small businesses closing for good.  Our mission is to bring the high street and local communities back to life by giving them easy access to embedded digital financial services and reinvesting capital back into small independent operators through a customer ownership business model. 

“The Paysme platform hosts everything a small business needs to run its business in the digital economy in an integrated, easy, and cost-effective way with one point of personal contact from a team with a deep understanding of their industry.  It eliminates the need to use a multitude of different unconnected suppliers for mobile payments, e-commerce, digital banking and administrative tools saving SMEs time, money and stress, and solving sector fragmentation and relationship marketing.”

Recent Post: