Judo raises £6m from Route 66 Ventures
London start-up picks up KFC as its newest client
Mobile payments platform Judo has raised £6m in funding led by Route 66 Ventures, and bagged fast food chain KFC as a client.
The London start-up is a secure mobile first payment platform that claims to multiply its clients’ sales by six, using an API fraud prevention system that integrates seamlessly with their own apps and websites.
Judo looks to help clients acquire and maintain a loyal customer base using its “flexible, secure and reliable system”.
The investment, which comes after the platform announced it had signed coffee chain Harris + Hoole to launch a food and drink payment app, will be used grow the team and to expand into new markets and territories over the coming year.
Judo CEO and founder, Dennis Jones, commented: “Consumers are deterred from using apps with a clunky experience, we’re looking to make this seamless.
“We’re incredibly proud of our work with our merchant partners and continue to find innovative ways to enable these businesses to capture and serve their loyal customers on mobile channels.”