Cashless Solution Company Receives £250,000 GLIF Investment

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Summary

Camden based company, Thyngs Ltd, delivers innovative solutions that use frictionless smartphone technology to help its clients drive new forms of consumer engagement that are fit for a digital, cashless, COVID-19 world. Outside of the current pandemic, Thyngs solutions can be anything from gaining digital loyalty points when buying a coffee, to giving directly to charity by tapping a unique fundraising badge. Dr Neil Garner, Thyngs Founder and CEO, says: “It is great to be working alongside Jerry and the GLIF team with a loan that has come at an extremely important time. We look forward to continuing to work with them as they look to grow the business across the UK and beyond.” Maggie Rodriguez-Piza, CEO at Funding London, adds: “Developing a powerful value proposition and discovering a way to turn challenges into opportunities is what the Thyngs team excel at. We are extremely delighted to support the team’s expansion by creating much needed job opportunities during the pandemic.” GLIF is a £100m initiative to help address the SME finance gap in Greater London, promoting economic growth through enterprise and an inclusive and sustainable economy.

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Amount $309.8K Total raised
Date May 7, 2020 Announcement date
Investors Funding London, Greater London Investment Fund Lead investors
Company https://thyngs.net Funded company

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