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information Agitate.io is launching BOPP.io backed by Frank Schilling & Co.

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London fintech Agitate.io grabs £2.51M, to launch secure payment platform BOPP.io

To alleviate this issue, London fintech Agitate has got an investment of $3.5 million (£2.51 million approx) from pool of high calibre tech-savvy investors. These include Frank Schilling, a highly successful internet entrepreneur who recently sold some of his registry business to GoDaddy and Stuart Lawley. With the latest backing, Agitate is launching its innovative payment solution BOPP, with an aim to bring an end to card fraud, remove friction in digital payments, and slash transaction fees – saving UK businesses over £9bn a year.

The new payment platform from Agitate, the payment and Identity company, combines decentralised Identity, blockchain and open banking. As it uses open banking, there is no need to use payment cards, thereby making the transaction super secure.

read more (uktech.news)
 
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