£4 million in seed capital was received by Tuza, a business card payment comparison website situated in London, UK.
Investors
- Connect Ventures(Head)
- Northzone
- Triple Point
- Entrepreneur First participated in the round.
The money will be used by the firm to expand its personnel, enhance technological development, and accelerate its expansion, with the aim of reaching 100,000 merchants on the platform.
1.5 million SMBs may compare rates from leading payment providers using Tuza’s business card payment price comparison tool, which is led by CEO Ed Hardy and CTO Olivia Stannah.
This financing round succeeded the pre-seed funding of £1.5 million in June 2023, in which angel investors such as Charlie Songhurst, Chris Adelsbach, and Freddy Kelly—the creator of TinyVC and CreditKudos, which were bought by Apple—participated.
“Our latest round of investment underscores the urgency of our mission. Companies shouldn’t have to incur excessive expenses because they don’t know where to look or how to locate better bargains. With the help of our platform, businesses may instantly and transparently access the finest solutions available. Time is not only saved, but a degree of pricing justice never seen in the sector is also introduced.”
Ed Hardy
Regarding Tuza
Leading the way in SMB payment processing transformation is Tuza. With an emphasis on openness and convenience, Tuza provides 1.5 million small and medium-sized businesses with a one-stop, free price comparison tool that makes it simple to compare prices from leading payment providers.
