PayasUgym shapes up with £1.6 million in funding

payasUgymPayasUgym, the UK’s largest fitness network, has raised a £1.6 million funding round, led by Albion Ventures and MMC Ventures and again by existing investors, bringing the total investment to date of £3.5 million.

With 12 million ex-gym members in the UK (double the amount of gym members) PayasUgym offers flexible, discounted gym passes nationwide, disrupting the existing and onerous model of year-long subscriptions. Continue reading