Atoa is an Open Banking-based payment solution for UK businesses. Any customer with a UK mobile banking app can pay using Atoa.
Atoa Instant Bank Pay allows UK merchants to receive payments at a flat fee which is up to 70% cheaper than card machines. Merchants receive funds in their bank accounts instantly instead of having to wait 1-2 days as is the usual case with card machines and debit cards. Using Atoa involves no contracts (pay as you go), no hardware fees and no chargeback fraud risk (all payments are approved via bank app and have Strong Customer Authentication).You can sign up in minutes by downloading the "Atoa Merchant" app or by visiting www.paywithatoa.co.uk.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Nov 24, 2022 | Pre-seed | $2.20M | 1 | Leo Capital | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Leo Capital | Yes | Pre-seed |