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To help businesses reduce their costs, eliminate chargebacks and provide a superior customer journey.
Cocoon Payments delivers a payments platform for businesses in the automotive, healthcare and building supply markets. It focusses on a few pain points: enabling users to reduce the costs associated with traditional card-based payments, eliminate chargeback risk from remote payments, and improve both the customer experience and their operational efficiency.
The company's targeting of a few particular markets should enable Cocoon Payments to find pockets of opportunity and tailor what its offering to those customers. With backing from Innovate UK (the UK government's innovation agency), VC and angel investors, the company is certainly off to a running start.
Kirsty
Company Specialist at Welcome to the Jungle