10 years ago

Droplet Secures £575,000 Seed Investment on Crowdcube

  • Birmingham-based mobile payments startup Droplet has raised £575,000 in seed funding on Crowdcube

  • The round was led by Crowdcube and included participation from the government-backed London Co-Investment Fund

  • The company, which offers a fee-free way of taking cashless payments, will use the funding to expand into new cities.

      • ProblemTechnology

      "Traditional payment systems charge high transaction fees, making it expensive for businesses to accept payments and for consumers to make purchases."

      Solution

      "Droplet offers a fee-free mobile payment system that allows businesses to accept payments and consumers to make purchases without incurring any transaction fees. The company only charges for additional services used by merchants."

      Covered on