Koipy was founded in 2012 and incubated at Nanyang Technological University. In 2012, Koipy launched K-card, Koipy-CRM and became a premiere Internet company using QR code technology to help local shops offer rewards to customers across .From 2012 to 2016, Koipy has developed and laucnhed Koipy WiFi, Koipy Red Packet, Koipy Lucky Money, Koipy Queue System and many more innovative product and service, in order to provide shops the best experience to connect with customers along the journey.By February 2016, Koipy had 256,000+ users and cooperated with more than 260 shops, including dining, entertainment, beauty, travel and more. In March 2016, Koipy raised its first angel round investment from top-tier investor in Singapore. Koipy is aiming to have 1 million users, 1,000+ shops on its platform by 2016.