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Qori launches multi-channel pay by bank and pay by crypto tech
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Qori will initially focus on France, Spain and the UK, promising a fully digital, multi-channel and cheaper alternative to card payments.The firm has secured EUR1.8 million in seed funding from backers including Hottinger, Golden Record Ventures, Firestartr, Systema VC and angels such as former Strip Europe head Guillaume Princen.The funding will be used to expand Qori's development team and deploy its product at scale into the luxury, hospitality and lifestyle sectors, as well as online marketplaces. “Today, two fundamental trends are disrupting the payments industry and challenging the central role of cards: open banking and crypto.
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