• Flypay

  Led · Series A · Jul 2015

  Flypay began as a pay-at-table app to let customers settle bills without a waiter and has since expanded to offer order-and-collect, order-at-table, pay-at-bar and customer loyalty features. The company shifted strategy toward Flyt, a platform designed to integrate many of the hospitality industry’s existing tech solutions rather than compete with them. Flyt enables restaurants and pubs to connect bookings, loyalty, delivery, reviews and other services into their own apps and to major aggregators and platforms. Flypay says its customers include mainstream casual dining and pub brands such as Wahaca, GBK, Jamie’s Italian, Fuller’s and Chilango, and it has recently signed another major U.K. restaurant brand to be announced. The startup plans to work with investors and partners to build new digital experiences for casual dining operators and to make it easier for them to adopt and utilise delivery technology. Financially, Flypay has added a £3.5M extension to its prior Series A, which previously raised £7M led by TimeOut. Flypay launched in early 2014 as a pay-at-table mobile app that lets diners scan on-table QR codes or NFC tags to recall and pay bills using credit or debit cards, including options to split items or the bill equally. It has since expanded its product set to include order-and-collect, order-at-table, pay-at-bar and customer loyalty features aimed at hospitality operators. The company says its technology is live in over 100 restaurants and bars across the U.K., including Wahaca, Cabana, Gourmet Burger Kitchen, Jamie’s Italian, Burrito Mama and Drake & Morgan, with deployments coming soon at Dirty Burger, Chilango and selected Fullers pubs. Flypay’s stated goal is to cut average bill-settlement time from around ten minutes to roughly a minute, freeing staff to focus on service and experience. The business raised $10.7 million in a Series A led by TimeOut, and is pursuing wider deployment through a strategic partnership with the investor. CEO Tom Weaver said the investment and partnership will allow rapid deployment of the solution for operators and users around the world. Flypay is a UK startup that provides an iOS and Android app enabling diners to scan an on-table QR code or NFC tag to recall and settle restaurant bills without waiter interaction. The app lets users check the bill, pay by credit or debit card, split by item or equally, and aims to reduce bill-settlement time from an average of ten minutes to about one minute. For operators, Flypay reduces staff time spent on payments (the company cites an average of three waiter visits to settle a bill) and integrates with marketing and CRM systems to support in-app loyalty, rewards and discounts. Flypay disclosed brand customers Wahaca and Burrito Mama (the latter using a white-label “powered by Flypay” integration in its order-ahead app). The company launched officially coinciding with the announcement and plans to use new capital to scale its technology, add restaurant partners, and further develop its product line. Financially, Flypay announced £1 million in new funding and had previously raised £150,000 in a seed round six months earlier.

No current team members are available.