Dapio secures $3.4m in growth funding to launch Tap to Pay in the UK and Europe
The funding round includes backing from Flutterwave, Techstars, PactVC and Daniel Gould.
≈ £2.6M at $1 = £0.7612 on 30 Mar 2022
Dapio provides software that turns Android smartphones into payment terminals, enabling small businesses to accept contactless card payments without dedicated hardware.
Dapio has secured $3.4m in growth funding to support the European and British roll-out of its Tap to Pay application for Android devices. The funding round drew participation from Flutterwave, Techstars, PactVC and Asymmetry Ventures venture partner Daniel Gould. Founded in 2019, the London-based company transforms standard smartphones into secure payment terminals to serve sole traders and microbusinesses. The fresh capital will assist the firm in expanding its footprint across mobile-first commerce channels.
From the founder
"Our mission is to open this up to Android users across the UK and Europe. In doing so, we’re helping businesses grow faster, by taking the pain out of complex payment systems so founders can focus on what’s important: improving the customer experience and developing their business."
Kosta Du
CEO & Co-Founder at Dapio
