We are pleased to announce that tomato pay (formerly known as Fractal) has been selected as part of Tech Nation’s 2019 fintech cohort!

Tech Nation believed that we have a fantastic opportunity to scale, and to become a future leader in UK and global fintech.

Nicholas Heller, tomato pay CEO and Co-founder commented: "Building a rocket ship is one thing. Ensuring it doesn't explode after lift off is another. We're excited to work with the Tech Nation network to scale our business to new heights".

We’re thrilled to take part in such a respected programme, especially as we look to scale in the UK, Europe and Australia.

You can see the announcement from Tech Nation here. 

You can see the coverage at City AM, AltFi, Finextra and Business Cloud. 

About tomato pay: 

Community has never been as important as it is today, and watching the business and sole trader community struggle throughout the past year has spurred us on to take a more community-led approach to our business.

tomato pay is a simple, QR-code based payments and invoice app powered by Open Banking and built on our tomato pay API platform which offers both AIS and PIS capabilities.

Businesses and sole traders can benefit from our low-cost QR-code payments solution with no hidden fees, which saves them money compared to their current payment systems, gives them instant access to their money as cash settlement happens almost immediately, and access to all of their bank accounts in one place.

Businesses and sole traders can benefit from our quick and easy invoice solution. Invoices can be created within the app, with the option to give discounts and late penalties (pre-built into the app using gamification and behavioural science) and send nudges to remind customers and clients to pay. Plus, as you connect your bank account, payments are embedded within the app - so no need to give your bank details, and receive money owed instantly into your account.

Everyone can support their local communities thrive by paying their neighbourhood businesses in a cashless, hassle-free way.