Pre-Order Payments through Zapaygo
In anticipation of their upcoming security token offering (STO), Zapaygo has established multiple key partnerships with industry specialists. These include, both, Vertalo and Dealbox.
Through the combination of services offered by this duo, Zapaygo now has the ability to, not only, onboard investors, but to issue digital securities, all the while managing these assets through their lifecycle. All of this is crucial to seamlessly complete an STO for their pre-order/payment app.
While the most common implementation of digital securities and STOs, remains real-estate backed funds, it is clear that there are many more unique applications in which this technology can be used. Zapaygo is simply one example of this process becoming main-stream.
In making their announcement, representatives from each, Zapaygo and Vertalo, took the time to comment on their partnership. The following is what each had to say on the matter.
Dave Hendricks, CEO of Vertalo, stated,
“There is nothing worse than missing the winning goal in your team’s match. Zapaygo is solving the age-old waiting in line problem at arenas, stadiums and other venues where people have been forced to wait for their drinks and bites. Vertalo is excited to help Zapaygo with their digital asset issuance process to create a better experience for their investor supporters and help to bring this key convenience technology to the global market for both fans and venues.”
Elliot Hall, CEO of Zapaygo, stated,
“Zapaygo is delighted to be working with Vertalo and DealBox. Over the last 12 months we met with, and evaluated, many potential service providers the world over. DealBox approached Zapaygo as an exciting opportunity, then Vertalo came highly recommended by a UK FCA regulated company…after speaking with Vertalo and DealBox separately for a few weeks it became clear all parties actually knew each other. We have since developed a great working relationship and the team at Zapaygo is looking forward to launching the STO in the next few weeks.”
Zapaygo is a London based company, which was launched in 2015. Zapaygo offers its users a smartphone application, which facilitates expedited processes for ordering and paying for concessions at entertainment venues. This is achieved by serving as a platform which, not only allows for venues to communicate with its visitors, but for these users to pre-order and pay for concessions.
Since their launch in 2017, Vertalo has called Texas ‘home’. Vertalo provides a variety of services ranging from cap-tables, to compliance adherence and investor onboarding. This flexibility in their offerings has led to Vertalo experiencing strong adoption. This is seen through a continued stream of established partnerships and service use.
Only a short time ago, we had the privilege of interviewing Vertalo CEO, Dave Hendricks. Check out our interview series to learn more about what Vertalo has to offer.
DealBox is a Californian company, which was founded in 2016. This young company specializes in capital formation – helping promising start-ups gain access to the funding necessary for growth. DealBox has a specific focus on start-ups involved within the world of blockchain.
Beyond the news discussed here today, DealBox has also had recent dealings with another company within the digital securities sector. The following article describes this past alliance formed with TokenIQ.
In Other News
Keeping on trend with entertainment merging with digital securities, we have recently covered another unique implementation of blockchain. In this instance, Toronto based Blockstation has structured a deal to potentially entice a world best talent into staying with the Toronto Raptors. Check out the following article to learn more about this event.