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Atoa saves SMEs up to 70% on fees for in-store payments with account-to-account payments powered by Open Banking
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Company is going up against the established card networks Visa and Mastercard in the UK
Atoa Payments, which said it helps merchants and consumers by bypassing Visa and Mastercard, has raised about £5m from backers including Peter Thiel’s Valar Ventures, Sky News learns.
Stefan Glanzer (pictured), 61, allegedly pressed himself against the woman in an office in Notting Hill, west London, on 9 June 2021. Isleworth Crown Court has now cleared him of sexual assault.
Visa and Mastercard payments are convenient for customers, but can cost merchants up to 2% in processing fees. Atoa Payments wants to provide a cheaper alternative that is still easy for customers to use. The London-based fintech announced today that it has raised $2.2 million in pre-seed funding.