QPay Makes Shark Tank History
If you caught the season finale of Shark Tank last night, you may have seen the pitch from millennial banking solution, QPay.
The QPay team delivered an excellent pitch and snapped up investment from two Sharks Steve Baxter and Naomi Simson, both investing $190,000 each.
The deal also made Shark Tank history. It marks the first time Steve and Naomi have invested together.
QPay have achieved amazing traction in two years and are on track to double the value of transactions processed through their platform for this year. QPay have recently entered the UK market and are achieving excellent early stage growth.
The funds raised in this round will be used to rollout the recently launched QPay Mastercard and for hiring and expanding the QPay team.
The Transition Level Investments team are very proud to have QPay as part of Steve’s investment portfolio and we look forward to seeing QPay grow in 2018 and beyond.