UK Startups Ensygnia and Paddle Collide over Alleged Mobile Patent Infringement

Ensygnia and Paddle – two London based payment startups – are all set to lock horns, and not in a very friendly manner. According to TechCrunch, Ensygnia is suing Paddle for alleged patent infringement related to login as well as payments. Paddle on the other hand is disputing this infringement and is confident of its dismissal. Being backed by significant shareholders to whom we owe a duty of care to safeguard our IP, we approached Paddle more than a year ago when we discovered what they were doing, as our view was that it was a clear infringement, said Richard H Harris, co-founder and CEO of Ensygnia.

We have tried many times to reach a reasonab ...

To continue reading, sign up for MEDICI Inner Circle and get free access for 7 days.
100,000+ FinTech professionals trust MEDICI Inner Circle to stay up to date on the latest in financial services.