A year of Lopay

We don’t like to blow our own trumpet too much, but as it’s Christmas we’ve rolled out the full brass band. Since launching in January it’s been quite a year, so here’s Lopay’s 2022 in review:

We saved thousands of small businesses thousands of pounds

We launched Lopay to help small businesses save money on unnecessary and unfair payment fees. The rate at which we’ve grown, and the way our users have helped spread the word, has been amazing!

We got you more tips

When we launched, tipping wasn’t available on Lopay. But our users quickly told us it was something they needed, so we got to work. Not content with just adding basic tipping, we launched our Smart Tipping feature, which shows customers either a custom amount or percentage amount as a suggested tip, based on what’s likely to prompt them to be more generous!

Find out more about tipping here.

We launched a Point of Sale (POS) solution

We think our app and card readers are great, but we realised that some of our customers need something more. So we built a Point of Sale solution to help businesses keep track of their stock, and tally up totals in a few taps.

Read more about Lopay’s Point of Sale (POS).

We hit the news

We crunched the data to discover which London boroughs are the most (and least) generous. Our analysis of taxi fares across the capital unearthed some interesting findings…

Read the full article on the MyLondon website.

We were nominated for EIGHT awards!

It’s always nice to be recognised for your efforts, so we were delighted that Lopay’s team and our payment app technology was nominated for 8 awards at the UK Business Tech Awards and The Payments Awards. We walked away with silver awards for FinTech Innovator of the Year, and Most Impressive Growth, as well as featuring in TechRound’s FinTech 50 list.

We joined forces

This year we’ve partnered with a number of leading industry associations. Joining forces to combine their sector expertise with our low rates, we’re able to offer added value to their members.

We’re now working alongside the likes of the Federation of Small Businesses, the British Association of Beauty Therapy and Cosmetology, and taxi and private hire platform Veezu.

We made invoicing easier

Invoices can be a chore, so we made it easier and cheaper for Xero customers to automate the process. With our integration, businesses can take advantage of our low rates when sending invoices from Xero.

Read more about the Lopay Xero integration.

We got the team involved

Running a small business is all about teamwork, so we made it easier for your employees to take payments on your behalf. With our Teams feature you’re in full control, and can set access levels and see reports for each team member.

So what's next?

Watch this space, we’re working on even more useful tools and features in 2023…

Not using Lopay yet? Hit the button below to get started!

Multiple businesses?

January 28, 2022

Set up accounts for each of your businesses and take payments for them all through your one lopay app.

Video interview: Pet Passion to Profit

February 10, 2022

lopay co-founder spoke to Pet Passion to Profit about how pet grooming salons take payments.