Lee and Danny Dunne, of Payaro

Caring payments start-up set for £1.4 million turnover prepares for second round of investment

A payments technology company which helps children escaping domestic violence with every transaction is set for a £1.4 million turnover in its first year.​ Payaro Ltd  gained initial investment late last year. Due to exponential UK growth, with a month-on-month revenue increase of 40 per cent, expansion plans have been brought forward. That means a second round of investment opportunity came earlier than anticipated.   The Staffordshire-based company backs the Buddy Bag Foundation with a percentage of each sale completed through its innovative sales systems and has pledged an additional donation of £1,000 every year. It is gearing up for a second round of investment following significant growth, and having welcomed new private equity is opening the doors to more backers to …

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Caring Staffordshire start-up supports children in women’s refuge with Buddy Bag pack

Staff at a community-focused Burton business filled 180 backpacks of essential items and teddies for children escaping violent homes.  The first Buddy Bag pack at Payaro gave its team a hands-on insight into the charity they have pledged to support with £10,000 a year.  Payaro directors Danny and Lee Dunne then delivered some of the bags to a local women’s refuge.   They were joined by Karen Williams OBE, founder of the Buddy Bag Foundation, which funds the supplies to children entering emergency accommodation entirely through donations.  Payaro is a new start-up where every time a payment is made through its payment technology, a share …

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