TwentyPay: Revolutionizing Restaurant Payments Through QR Code Solutions

Description

TwentyPay is not just about payments; it's about the entire dining experience. By integrating QR code payments, TwentyPay has reinvented how restaurant-goers settle and split their bills, promising seamless transactions and an enhanced customer experience.

Fintech

closes 700k

Cash your customers in less than 20 seconds.

The Challenge

When David Benadiba approached Starfounders, he was armed with a promising prototype for TwentyPay. But he faced multiple roadblocks:

The absence of a finalized product.
An urgent need for capital to refine the product and onboard clients.
A lack of knowledge on how to navigate the fundraising maze, with no prior experience or contacts.

Our Approach at Starfounders

Creating a Compelling Equity Story: It’s not just about what you're selling; it's about how you sell it. We meticulously designed a narrative that highlighted TwentyPay's potential, making it irresistible for investors.
Segmenting the Approach: Not all investors are created equal. By understanding investor personas, we crafted segmented pitches tailored for different audience types.
Industry Expertise at His Fingertips: Leveraging our extensive network, we connected David with F&B industry experts. Their insights refined TwentyPay’s client acquisition strategy, providing a competitive edge.
Mastering the Art of the Close: Raising funds isn’t just about presenting; it's about convincing and closing. We coached David to not only introduce TwentyPay compellingly but to also seal the deal with investors.
Valuation & Closing Strategy: Determining the worth of a startup, especially at an early stage, can be challenging. We guided David in establishing a fair valuation for TwentyPay and strategized the best methods to finalize the funding round.
Generating Investor Appointments: With our outreach strategies, we ensured David's calendar was filled with meetings with potential investors, maximizing his chances of securing funds.

The Remarkable Outcome

A mere 5 months into its existence and still at the prototype stage, TwentyPay successfully raised a whopping 700K. This monumental achievement was a direct result of the strategic acceleration provided by Starfounders.

With a product that promises to change the dining payment landscape and Starfounders' expert guidance, TwentyPay stands as a testament to what's achievable when innovation meets the right strategy. Stay tuned as we chronicle more such stories of startups transformed under the Starfounders' umbrella.