10 years ago

TimeOut Invests $10.7 Million in Flypay, the UK-based Pay-at-Table Startup

  • TimeOut, the traditional media brand now calling itself a global multimedia discovery platform, has led a $10.7 million Series A round in Flypay, a UK-based startup that offers a pay-at-table mobile app for restaurants and bars

  • The app allows customers to settle their bills quickly and easily, without having to wait for a waiter

  • Flypay also offers a number of other solutions targeting the hospitality industry, including order and collect, order at table, pay at bar and customer loyalty features

  • The investment will allow Flypay to rapidly deploy its solution for both operators and users around the world

  • This investment is seen as a strategic fit for TimeOut, as the publisher looks to expand its mobile presence and cover the full gamut of hyper-local event and hospitality discovery and booking

  • TimeOut also wants to become a mobile commerce platform in its own right, and this investment in Flypay furthers that goal.

      • ProblemTechnology

      "Restaurants and bars are slow to service customers. Customers often spend too much time waiting for bills and paying. "

      Solution

      "Flypay offers a mobile app that allows customers to pay at the table, check bills, split bills, and order food and drinks directly from their phones. Flypay aims to make dining experiences faster and more convenient. "

      Covered on