Qori Launches Europe’s First Multi-channel Pay by Bank & Pay by Crypto

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Qori announces the launch of its new frictionless merchant payment method that enables the acceptance of Pay by bank and Pay by crypto payments and closes a EUR 1.8 million seed financing round

Paris - Monday 11th of July 2022

With the official launch of its product, Qori will enable over 350 million European consumers to pay in store, remotely or online with their bank or crypto wallet without having to download a proprietary app.

Qori’s mission is to transform the payment experience - for merchants, their clients and their payment partners – by offering a fully digital, multi-channel and cheaper alternative to card payments, combined with innovative client engagement features. Today, Qori announces the completion of a EUR 1.8 million seed funding round and the official launch of its product on the European market.

Qori was founded in 2021 by serial Fintech entrepreneurs Alain Falys and Daniel Maurice-Vallerey -  who launched the payment platform Yoyo Wallet in the UK (acquired by SaltPay) -  together with David Zerah, Meghan Lenaerts, Joakim Vivas and seasoned VC and entrepreneur Olivier Schuepbach.

Investors in the round include Hottinger AG and Golden Record Ventures - a European based Blockchain VC fund backing the next generation of innovative businesses in the financial industry - as well as Firestartr and Systema VC. Prominent technology and Fintech angels also participated in the round, including Guillaume Princen, formerly Head of Stripe Europe, Mark Ransford, Leonid Gluzman and Sean Obispo.

After months of product development, the company is launching its Pay by bank and Pay by crypto solutions to hundreds of thousand