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.
- 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.