Zapaygo, which lets consumers pre-order and pre-pay at food and beverage vendors, has stormed past its crowdfunding target, to raise up to £557,150 in funding.
The campaign which is being held on the Crowdcube platform still has another 15 days left.
Initially, the company was looking to secure £250,000 in the crowdfund, but has doubled this target and could raise even more.
Zapaygo raised the funds at a pre-money valuation of £20m.
The FinTech has distributed a total of 2.71% of its equity to the 362 investors to contribute to the round so far.
With the support of the funds, the company will look to bring its product to market.
The Zapaygo platform enables users to pre-order and pre-pay for food and drink at shops, so they can just come and collect it, rather than queue. The company estimates that people spend around seven days a year in queues to pay and collect, and is hoping to change this.
Based in the UK, Zapaygo also offers rewards, with users able to earn blockchain-based RewardZ Tokens when spending.
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