
WyzePay believes in a direct relationship between corporates and consumers and that the future of money is in corporate currency that brings direct benefits for both, without bank intermediation.
Companies depend on debt if they need capital to invest in growth, or if things don’t go as planned. Customers invest income in low-return instruments, such as savings. Our infrastructure allows companies to issue corporate currency with features they choose, getting money in advance from their customers through pre-sales and bringing forward future capital. No obligation to repay cash; just deliver products.
Company Details
Sector
FinTech
Location
London
Founded
Q2 2019
Employees
1-5
Incubator
-
Amount raised
£700k
5-10 merchants onboarded by Q3 2021
100-500k consumers by Q4 2021
4 product categories by Q4 2021
Last Updated
January, 2022