Rode Luhaäär
speaker
84 appearances
1 recordings
1 series
first heard Feb 2017
last heard Feb 2017
Rode Luhaäär’s voice in public audio — every appearance, attributed to the second.
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Basically, what we are doing is selling freedom for the merchant in order to accept payments how they want, where they want, and the people to pay everywhere.
And we are doing it with passion, and the result is like...
very smart payment solution but what we what we basically do is we give merchant an app so we can they can use it with existing bank account and for the user we give a kind of wallet which is basically they can use their existing bank card so it's like a fast forward contact between the user and the merchant and it's a subscription-based business okay and what do you charge per month
Monthly basis, we charge 10 euros or 10 pounds monthly basis and 2 cents per Easter interaction.
Right now, it's more about monthly fee.
Right now it's 40.
We have raised 70,000 euros.
No, no, it's convertible note.
Okay.
We basically launched at the beginning of 2015.
So in a year, it was a kind of side project because we were doing a TCSL agency.
And after a year, one of my friends rang me up and said, like, hey, do you want to make this as a proper startup?
I was like, hell, why not?
So we kicked it off about a year ago, to be honest.
Right now we have a core team is five people and we have 10 contractors.
Development is based in Estonia.
And as we are kicking off in the UK, so I'm constantly traveling between the UK and Estonia.
it was a huge opportunity.
In the beginning, we didn't realize the opportunity which we have.
And, um,
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