Dapio, the U.K.-based cashless payment solutions provider for businesses, announced that it has funded $3.4 million to support the launch of its ‘Tap to Pay’ solution for Android users in the U.K. and Europe. The growth round was co-led by Flutterwave, an African payments company, and Techstars. Asymmetry Ventures’ Daniel Gould and Pact VC also participated. Dario’s technology transforms the back of any Android smartphone into a direct card reading terminal, allowing businesses to take cashless payments in-store. Dario’s CEO says their key differentiator from other players is that they are keen to leverage embedded finance. They want to embed their payment acceptance feature inside existing applications of fintech, POS vendors, banks, and telcos that will integrate their tech to all of their business clients.
https://techcrunch.com/2022/03/30/flutterwave-backs-uk-fintech-dapio-in-3-4m-round-for-its-contactless-payments-play/
