When was Lopay founded?

Lopay was founded in 2022 and raised its 1st funding round 1 year after it was founded.

Where is Lopay located?

Lopay is headquartered in London, United Kingdom. It is registered at 1 RUTLAND LODGE, 145 PETERSHAM ROAD, LONDON, UNITED KINGDOM, TW10 7AA.

How many employees does Lopay have?

As of Aug 31, 2026, the latest employee count at Lopay is 42.

Is Lopay a funded company?

Lopay is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Oct 11, 2023.

How much is Lopay worth?

The latest valuation of Lopay is £***** as of Apr 18, 2023.

When was the latest funding round of Lopay?

Lopay's latest funding was a $***** Seed round on Oct 11, 2023, with participation from 3 investors. Its primary sector is Payments. In United Kingdom, the Payments sector has seen $859M in funding in 2026 to date.

Where does Lopay rank among its competitors?

Lopay ranks 7th amongst 76 active competitors, of which 9 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Ingenico, which secured $174M in Aug, 2026.

Who are the top competitors of Lopay?

Lopay's top competitors include SumUp, Teya and Ezetap. Among them, Ingenico secured the most recent funding round in August, 2026.

Lopay - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of payment processing solutions for businesses. It offers a payment app and point-of-sale system, enabling businesses to accept payments via card readers, business terminals, or tap-to-pay functionality on smartphones. The platform includes features for team management, expense tracking, and rewards programs. Flexible payout schedules provide businesses with instant or delayed access to their funds. The company also offers an expense and rewards card to facilitate business spending and reward card usage. Various hardware options are available to suit different business needs and preferences.

Website: lopay.com/en-us
Social
Email ID: *****@lopay.com
Phone Number: +1 **********
Registered Address: 1 RUTLAND LODGE, 145 PETERSHAM ROAD, LONDON, UNITED KINGDOM, TW10 7AA

Key Metrics

Founded Year

2022

Location

London, United Kingdom

Stage

Seed

Total Funding

$7.35M in 1 round

Latest Funding Round

Seed, Oct 11, 2023, $*****

Post Money Valuation

£***** as on Apr 18, 2023

Investors

Redbus Group & 37 more

Ranked

7^th among 76 active competitors

Employee Count

42 as on Aug 31, 2026

Similar Companies

SumUp & 1096 more

View Lopay's full profile

Lopay is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
INEPHANY LTD CIN: 15820947 , United Kingdom, Active	Jul 05, 2024	-	-
LOPAY LTD CIN: 13384279 , United Kingdom, Active		-	13 (As on May 31, 2024)

Lopay has raised a total funding of $7.35M over 1 round. Its latest funding round was a Seed round on Oct 11, 2023 for $*****. 3 investors participated in its latest round. Lopay has 15 institutional investors and 23 angel investors.

Here is the list of recent funding rounds of Lopay:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 11, 2023	9799113	Seed	8653112	8849245	1385675	3117580

Access funding benchmarks and valuations. Sign up today!

View details of Lopay's funding rounds and investors

The founders of Lopay are Richard Carter and Ollie Mahoney.

Here are the details of Lopay's key team members:

Richard Carter: Co-Founder of Lopay. They serve on the board of 1 company.
Contact Info: 1 email address
Ollie Mahoney: Co-Founder & CTO of Lopay.
Contact Info: 1 email address

Lopay's Board of Directors

Lopay's board has 4 active members. Richard Carter is part of team and Rene Jean-paul Batsford, Andre De Haes and Juliette Souliman are independent board members.

Here is the list of Lopay's board of directors:

Name	Type	Representing	Status	Duration
Richard Carter	Team	-	Current	5y 4m
Rene Jean-paul Batsford	Independent board member	-	Current	5y 4m
hakdcbv	Independent board member	-	Current	7y 4m
p{fpsw{	Independent board member	-	Current	9y 9m

View details of Lopay's Founder profiles and Board Members

Lopay's employee count trend

Lopay has 42 employees as of Aug 26. Here is Lopay's employee count trend over the years:

Uncover Lopay's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Lopay include SumUp, Teya and Ezetap. Here is the list of Top 10 competitors of Lopay, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	SumUp 2012, Wilmington (United States), Series E	Provider of card payment terminals and point of sale systems	$997M	Bain Capital, Sixth Street & 51 others	83/100
2nd	Teya 2019, London (United Kingdom), Series C	Provider of card payment terminals and integrated business financial software	$845M	Hedosophia, Tiger Global Management & 13 others	74/100
3rd	Ezetap 2011, Bengaluru (India), Acquired	Cloud-based mPOS software and hardware solutions for businesses	$66.4M	Social Capital, Helion Venture Partners & 42 others	72/100
4th	Ingenico 1980, Suresnes (France), Acquired	Provider of payment acceptance devices, estate management, and commerce enhancing solutions	-	PIMCO, Bpifrance	71/100
5th	Lakala 2005, Hong Kong (China), Public	POS payment acceptance solution for businesses	$350M	Legend Capital, Hotung Investment Holdings ... & 9 others	70/100
6th	Epos Now 2011, Norwich (United Kingdom), Funding Raised	Provider of POS systems for offline businesses	-	-	59/100
7th	Lopay 2022, London (United Kingdom), Seed	Provider of payment processing solutions for businesses	$7.35M	Redbus Group, Portage & 36 others	51/100
8th	SignCatch 2014, Delhi (India), Seed	Provider of retail commerce software solutions for digital business operations	$1.85M	Eden Investment Holding, unicorninvestmentgroup.com ... & 51 others	44/100
9th	Miura Systems 2008, High Wycombe (United Kingdom), Series A	SD starts with small case	$16M	Molten Ventures, Draper Esprit & 1 others	44/100
10th	Lolly 2014, London (United Kingdom), Unfunded	Personalized POS hardware and software solution for businesses	-	-	43/100