flypay

Food & Beverage Technology payments restaurant

Flypay is a consumer services company that uses state of the art technology to make everyday moments simple and awesome with products that are currently transforming the hospitality industry. Its core mobile app, Flypay, helps customers pay their bill, split a bill between friends, order and collect takeaway from their favourite places to eat, order at their table, and pay their bar tab. The platform works in collaboration with some of the biggest technology companies in groundbreaking new ways, across delivery and bookings companies, even rival payment companies.

Company Growth (employees)

Type

Private

London, GB

Founded

2013

Size (employees)

35 (est)

Website

flypay.co.uk

flypay was founded in 2013 and is headquartered in London, GB

Key People at flypay

Tom Weaver

CEO

Chris Evans

CTO

flypay Office Locations

flypay has an office in London

London, GB (HQ)

Spitfire Studios 71 Collier St

flypay Data and Metrics

Summary Metrics

Founding Date	2013
Total Funding	$16.8 m
Latest funding size	$4.4 m
Time since last funding	10 months
Investors	Time Out, Entree Capital, TimeOut, Just Eat

flypay's latest funding round in October 2016 was reported to be $4.4 m. In total, flypay has raised $16.8 m

flypay Financial Metrics

Summary

GBP

Balance Sheet

GBP	FY, 2014	FY, 2015	FY, 2016
Cash	645.5 k	30 k	3.9 m
Accounts Receivable	89.9 k	118 k	365.7 k
Current Assets	735.4 k	148 k	4.3 m
PP&E	25.1 k	31.2 k	79.1 k
Goodwill	1	1	1
Total Assets	760.6 k	179.2 k	4.4 m
Accounts Payable	32.4 k	295.2 k	196.8 k
Current Liabilities	32.4 k	295.2 k	196.8 k
Total Liabilities	32.4 k	295.2 k	196.8 k
Total Equity	728.1 k	(116 k)	4.2 m
Financial Leverage	1 x	-1.5 x	1 x