Ensygnia, the mobile payments company backed by Telefonicas technology start-up accelerator Wayra, confirmed it had been granted its second UK patent. The company, which recently closed its $3.3 million start-up funding round, added that its granted UK patents now covered both log-in and payment processes.
Ensygnia also confirmed that it had now acted on its International Patent Pending status, filing its Patent application in some 59 countries chosen for their high degree of internet and e-commerce usage. An international patent search was conducted prior to the granting of the UK Patents.
Announcing the granting of the second patent, CEO and co-founder, Richard Harris said: We continue to make rapid progress with the extension of our patent portfolio, with our product development, and with our customer discussions. The attention and traction we are getting in the marketplace currently is exceptional and the support of Telefonica and Wayra has been very influential, he added.