Tuza
Tuza works with leading small business payments providers to onboard merchants to the right provider for them in minutes.
A typical cornershop can save over £5,000 per year by switching their card payment provider, but they don’t. Price opacity and high switching costs means merchants get on bad deals, and stay on bad deals. This has left a third of merchants looking to switch, and another third considering it, with no easy way to do so.
Tuza is a key enabling technology in facilitating a fairer payments market, allowing merchants to compare payment providers. Their technology aggregates the different options SMEs have and suggests the best partner, at the right rate.
Founders
Ed Hardy
CEO
Ed founded his first start up at 14. He graduated initially from the University of Oxford with a degree in Geography before achieving a masters in African Studies from the University of Cambridge. He began life in the payments industry at Worldpay before providing strategic support for scaling companies.
Olivia Stannah
CTO
Olivia graduated from the University of Bristol with a first class in Economics before achieving a masters at Imperial College London in Computer Science. She worked in a number of core software engineering roles at major banks and payment start ups.
Milestones
Founded at Entrepreneur First
Seed ($1.6 million) led by Northzone
Seed ($5 million) led by Connect Ventures