Fintech to raise $1.2m on back of deal with BNZ

Co-CEO Ashley Lake-Johns said the deal with BNZ proves Qippay is a real contender in open banking. (Image: Getty)

Mon, 29 May 2023

Qippay, a fintech startup that focuses on streamlining account-to-account transactions, is looking to raise $1.2 million in a seed round launching on Monday.Co-founder and co-chief executive Ashley Lake-Johns said the fundraising round is coming off the back of a bilateral agreement with BNZ to gain access to the bank’s API (application programming interface).This agreement enables Qippay to offer its payments interface to BNZ customers and is reminiscent of the approach that made Xero successful in its early days.Forging this kind of agr...

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