Zeus Capital advised Mi-Pay Group on £1.7m fundraise

Zeus Capital advised Mi-Pay Group Plc on its £1.7m fundraise.

Mi-Pay (AIM:MPAY), is a specialist in delivering fully outsourced payment solutions to digital ecommerce clients. Mi-Pay create readily implementable products with world-class partners such as ChasePaymentTech, ePay, Wavecrest and Transatel, and also bespoke solutions to deliver the complete suite of payment processing requirements, all white-labelled to support the brands of its customer organisations.

Alex Davies, Director of Sales at Zeus Capital commented:
“We are delighted to have been involved in the secondary placing of Mi-Pay Plc. We believe the Company is at an inflexion point with significant potential for large scale contract wins. The funds raised will enable the Company to continue to roll out payment processing solutions to a blue-chip international customer base, as well as enabling further international expansion from the existing offices in UK, Dubai, Romania and The Philippines. We very much look forward to the Company’s progress.”