Payr secures £1.6m seed funding led by Ingenii Capital to support product development and team expansion.
Ingenii Capital led the seed round with backing from Haatch, British Business Bank, and Velocity Capital.
Payr is a UK-based fintech platform that allows tenants and businesses to pay rent by card. The service offers alternative payment methods for international students, rewards enthusiasts, and corporate tenants.
Payr has secured £1.6m in a seed funding round led by Ingenii Capital. The financing also saw participation from Haatch, British Business Bank, Velocity Capital, and a cohort of strategic angel investors.
The capital will be directed towards product development, team expansion, and building strategic partnerships to scale distribution. Payr provides a card payment service for rent, aimed at improving cash flow management and offering rewards for tenants and businesses.
The investment follows growing demand for flexible financial products tailored to renters, positioning the firm to expand its footprint in the UK market.
From the founder
"This raise allows us to double down on what we know works: strategic partnerships, product-led growth, and a laser focus on improving the tenant experience. We’re grateful to our investors for backing the next phase of our journey."
Arthur Greenwood
CEO and Co-founder at Payr
Investor perspective
"The rent payment experience has long been outdated and inflexible. Payr has identified a clear market inefficiency and developed a solution that meets the evolving financial habits of modern renters. Their early traction and approach to distribution made this an easy decision for us to support."
Michael Boocher
Managing Partner, Ingenii Capital
Use of funds
- 01Continue product development
- 02Grow the team
Investors
Categories
About the company
Payr
Payr provides a flexible card payment platform for rental transactions.