Trade / Business / Mobile / Shopping / Apps / Companies / Markets / Money / Community

Meet Yoyo, the 20-year-old KodyPay founder looking to revolutionise mobile payments

Posted On: 9 Sep 2020   |   Posted By: Tech City UK

Meet Yoyo, the 20-year-old KodyPay founder looking to revolutionise mobile payments

Covid-19 is changing the mobile payments landscape, with cash no longer king for wary consumers who are switching to contactless payments in droves. Sensing an opportunity, a new wave of fintechs are building next-generation mobile payments solutions with one eye fixed on solving pandemic-related problems.
Founded by 20-year-old University of York student Yao-Yun Chang, KodyPay is one of them. The ambitious startup is on a mission to make shopping safer and more convenient for consumers while boosting business for SMEs. It has developed an innovative platform that is completely hardware free, allowing businesses to take payments from shoppers at a distance using nothing but KodyPay's smartphone app.
Yoyo bootstrapped the company with £120,000 of his own money earned through trading on the stock market as a teenager. Following a successful trial conducted to prove that KodyPay could facilitate mobile payments between two devices, the company raised a £1.8m seed round to roll out its platform across...

Continue reading ...

 








Toothless Arsenal punished late as Leicester complete smash and grab

Toothless Arsenal punished late as Leicester complete smash and grab

Jamie Vardy marked his return from injury with a late match-winning goal as Leicester sunk an under par Arsenal 1-0 at The Emirates. Arsenal's defence was nearly breached... Read more ...

Frank Bough dead - BBC TV presenter & Grandstand star dies in care home aged 87

Frank Bough dead - BBC TV presenter & Grandstand star dies in care home aged 87

Read more ...

Shop bans local MP ‘for life' after he voted against free school meals

Shop bans local MP ‘for life' after he voted against free school meals

The Runners Centre in Lancaster has banned a local Tory MP David Morris from entering its premises after he voted against extending free school meals for hungry children Read more ...

French prosecutors probing Jeffrey Epstein widen probe to include Ghislaine...

French prosecutors probing Jeffrey Epstein widen probe to include Ghislaine Maxwell

Investigators are looking into claims that convicted-paedophile Jeffrey Epstein raped and abused minors in the French capital. It has now been revealed that Ghislaine Maxwell... Read more ...

Emily Atack doesn't hold back as she talks one-night stands and racy DMs in...

Emily Atack doesn't hold back as she talks one-night stands and racy DMs in new stand-up series

Emily Atack doesn't hold back as she talks one-night stands in new series Emily Atack has revealed she'll be discussing one-night stands and rather racy DMs in her new... Read more ...

Pirlo: 'Juve shouldn't need slap to wake up'

Pirlo: 'Juve shouldn't need slap to wake up'

Andrea Pirlo warns Juventus ‘shouldn't need a slap in the face to wake up and play with intensity' after their 1-1 draw with Hellas Verona. Read more ...

Lewis Hamilton issues emotional Michael Schumacher tribute after breaking...

Lewis Hamilton issues emotional Michael Schumacher tribute after breaking race win record

Lewis Hamilton now stands alone after breaking Michael Schumacher's all-time record for F1 race wins at the Portuguese Grand Prix. Read more ...

Hospital patients will be able to order food 24 hours a day following review...

Hospital patients will be able to order food 24 hours a day following review led by Prue Leith

A blueprint for hospital catering has been issued by the UK Government following a year-long review led Prue Leith. Kitchens will be upgraded so that food and hot drinks are... Read more ...

Sacha Baron Cohen says Orlando Bloom is Katy Perry's 'husband' in birthday clip

Sacha Baron Cohen says Orlando Bloom is Katy Perry's 'husband' in birthday clip

Sacha Baron Cohen appeared as Borat in a hilarious birthday message dedicated to Katy Perry. In the video, Borat makes several cheeky jokes about Orlando Bloom Read more ...

Reese Witherspoon's daughter Ava Phillippe celebrates acquisition of new...

Reese Witherspoon's daughter Ava Phillippe celebrates acquisition of new puppy called Benji

Ava said she obtained her new pooch Benji - 'a dream of a rescue dog,' she said - from the Best Friends Animal Society in Utah. Read more ...