Campaign

CRO#: 677960

HorsePay

Equine FinTech

EIIS 
HorsePay.ie enables safe and secure equine trading payments. It provides an escrow and warranties so both parties know the transaction is secure.
by Michael O'Flynn
Cork
42% Funded
€ 100,000Funding goal
€ 41,958Invested
36Investors
24 Days to go


Company Summary :

 

HorsePay provides online payment protection services for equine traders.

73% of equine transactions are “peer to peer” with no payment protection or recourse from scams. HorsePay payment technology addresses this issue by offering escrow facilities for up to 7 days, in a global, undigitised industry worth €278bn annually.

 

Key highlights:

  • Horsepay.ie lists an average of €320,000 of stock supported by 21 “early adopter” traders
  • MVP traction of €188,540 in sales at HorsePay.ie
  • HorsePay.co.uk will launch in October 2020 increasing stock from €320,000 to c. €7.3m  and will facilitate cross-border trade for the first time.
  • A new “one time” Instant Sale payment feature is launched in September 2020 
  • HorsePay has developed proprietary IP.
  • Vast undigitised market worth €278bn annually.