2 years ago

Atoa Secures $6.5 Million Seed Funding to Expand Account-to-Account Payments

  • Atoa, a London-based payments startup, has raised $6.5 million in seed funding, bringing its total funding to $8.6 million

  • The round was led by Valar Ventures, with participation from previous investors Passion Capital and Leo Capital

  • The funds will be used to expand operations and business reach

  • Atoa aims to provide a viable alternative to traditional card payments by using account-to-account payments, allowing consumers to approve payments through their existing banking apps.

    • ProblemFinancial Services

      "making in-store payments easier and more convenient for consumers"

      Solution

      "aprocal card payment method for the UK using account-to-account payments, with consumers simply approving payments through their existing banking app and businesses configuring payment processing via a simple 5-minute set-up process"

      Covered on