Wallid.co Ltd raises £19.7k for bank-integrated payment technology

Online merchants, particularly Shopify stores, can access a Pay-by-Bank checkout solution through Wallid.co Ltd, which has recently raised £19.7k. The London-based firm enables these users to accept payments directly from customer accounts, incorporating bank-account based identification and settlement features.

Founded in 2022, the startup provides an alternative to traditional card-based checkouts to decrease transaction fees. The technology is designed to lower the incidence of fraud or chargebacks while streamlining refunds and reconciliation processes for e-commerce businesses.

Financial records for the year ending 30 September 2025 show the business employed one person. This capital injection, which was documented in filings made during September 2026, represents the only funding recorded for the company this year.