
Boodil
A cardless payment solution to help increase engagement with customers.
Date | Investors | Amount | Round |
---|---|---|---|
* | £530k | Seed | |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Boodil is a Manchester-based startup specializing in open banking payments and consumer engagement. The company operates in the fintech sector, providing a platform that simplifies and secures online payments while offering rewards to consumers. Boodil primarily serves e-commerce retailers, enabling them to enhance their checkout processes and improve customer satisfaction. The business model revolves around a cardless payment method that leverages open banking technology, making transactions more efficient and rewarding for users. Boodil generates revenue through transaction fees and partnerships with merchants who benefit from increased customer engagement and retention. The company aims to transform the online payment landscape by making it more rewarding, simpler, and safer for consumers.
Keywords: open banking, fintech, e-commerce, cardless payments, consumer rewards, online transactions, payment security, customer engagement, Manchester startup, transaction fees.