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Online Gym Network payasUgym Beefs Up With Further $1.4M Funding, Hints At International Expansion

Thursday, February 28, 2013 5:23
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London-based payasUgym, which lets users search for and buy a discounted pass to a local gym, has announced that it’s raised a further round of funding: £900,000 (~$1.4m) led by existing investor Supremum Capital, along with other unnamed private investors. This brings the total raised by the 2011 founded company to £2 million.

Billed as an online gym network that aims to introduce flexibility to the fitness market, payasUgym makes it easy for consumers to shop around and purchase gym access on a pay-as-you-go basis or short term memberships from one month to three months at a discount compared to the price they’d pay at the door. Users simply register with the site and then buy credit, which they top up akin to a pre-pay mobile phone. Gyms and health clubs can be searched by locality, and passes are sent to a user’s phone by SMS.

source: http://feedproxy.google.com/~r/Techcrunch/~3/DrNFeUpSZ3w/



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