FStech Awards
Subscribe to our e-newsletter
Follow us on Twitter
Privacy and cookies
Established 1995
Monday 17 June 2019

LATEST NEWS

Kerv makes contactless crowdfunding move

Written by Scott Thompson
28/09/2015

Former Ukash CEO, David Hunter is heading up Kerv, as the London-based company starts a crowdfunding campaign for a contactless payments ring. It is looking to raise £77K mass production capital via Kickstarter.

Kerv founder, Philip Campbell, says: "Currently, wearable payment devices are either eye-wateringly expensive or thoroughly unattractive. But the biggest issue I have is that they're all worn on the wrist, which has to be placed flat against the contactless reader in a way that feels extremely unnatural and awkward. With a creative background – plus eight years' experience in payments – I felt we could do better. So we did, designing Kerv to be the most ergonomic, natural and convenient contactless payment method possible. We feel Kerv is a perfect fit for Kickstarter, but we don't just see the campaign as a way of raising the funds to take it to mass production; we want to elicit the input and support of a community of forward-thinking individuals that have a real desire to help bring great products to market."

Hunter, who has come onboard as chairman, adds: "A lot of technology in payments strikes me as being a solution looking for a problem. I'm confident that Kerv will be well received on Kickstarter because it solves genuine problems, focuses on the user experience and makes the underlying technology invisible."



Related Articles

Most read stories...
World Markets (15 minute+ time delay)

Microsoft