Entrepreneurship | AuthPay Raises $450K in Pre-Seed Spherical

Fintech startup AuthPay has secured $450K in pre-seed spherical of funding led by SCOPE VC.

AuthPay mentioned in a press launch that the proceeds might be used to gasoline its progress, enabling the startup to leverage applied sciences and transformative enterprise fashions throughout the fintech sector.

Based in July 2020, AuthPay offers safe cost options for companies worldwide leveraging cutting-edge know-how and a customer-centric method. The platform allows companies to streamline transaction processing, improve safety and supply seamless cost experiences to their prospects.

AuthPay is a great pockets that provides most rewards for each buy. Its patent-pending AI recommends playing cards based mostly on service provider sort, location and loyalty applications.

SCOPE is an invitation-only networking platform that connects startups, traders and business specialists globally. This funding in Authpay follows SCOPE VC’s current launch of a $45 million enterprise capital fund devoted to driving innovation within the fintech and gaming sectors.