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Payments startup QPay wants to be the challenger bank for millennials and has $570,000 from Sydney Angels to get there

Payments startup QPay wants to be the challenger bank for millennials — and the founders reckon they’ll be first to the punch.
Dominic Powell
Dominic Powell
QPay
Andrew Clapham , Moe Satti, and Zakaria Bouguettaya. Source: Supplied

Born from an online student-focused ticketing, merch, and memberships marketplace, payments startup QPay’s newest vision is to be the challenger bank for millennials — and the founders reckon they’ll be first to the punch.

The startup originated in early 2015 in Canberra, operating as a small online marketplace where students at the Australian National University could buy tickets to upcoming concerts and events. Co-founder Andrew Clapham remembers the first event they ticketed, a tiny graduation dinner.

“We did a payment for a little graduation party, I think we sold about 30 tickets.

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