Zapaygo raises £831k from investors on Crowdcube to support product launch
The Sutton Coldfield pre-order and pre-pay app surpassed its initial £250k target through 724 backers.
Zapaygo is a pre-order and pre-pay mobile application for food and beverage ordering. The company enables customers to manage convenience services for collection and delivery.
Zapaygo has secured £831.6k in a crowdfunding campaign on Crowdcube that commenced in April. The Sutton Coldfield business initially targeted a raise of £250k from the public.
The capital will be deployed to bring the company product to market, supporting customer and corporate convenience in food and beverage collection. Additionally, the firm is developing its Zapaygo Delivered service to provide end-to-end order and delivery options.
Alongside product expansion, the company intends to explore a listing on AIM with guidance from Holland & Bendelow, which could provide early liquidity for investors.
Use of funds
- 01Accelerate go-to-market