Anti-fraud wallet hits the spot

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A student entrepreneur has raised more than £6,500 through crowdfunding to launch a fraud-fighting wallet.

Ibbe Raja, a 21-year-old computing undergraduate at Leeds Beckett University, developed Vinco with brother Jalil Raja, 20, and friend Sam Andrews, 20.

The wallet protects against Radio Frequency ID (RFID) theft, where devices are used to take cash from contactless debit and credit cards without the owner knowing.

The trio launched a crowdfunding campaign on indiegogo to fund the manufacture of the wallets, with an initial target of £3,300.

The target has so far been almost doubled, with 18 days still left to run on the campaign. So far, 261 people have backed the invention.

Mr Raja said they we “so grateful” to everyone who had invested in the project.

Vinco came about after one of Mr Raja’s friends fell victim to contactless card theft.

The wallet, which has been tested against RFID readers, weighs 30g, can hold up to seven cards and is available in a range of colours.

Wallets are available for £20, or £17 for indiegogo investors.

“Thanks to this major investment, we can now focus on the exciting times ahead – developing the product to make it the best it can be and shipping Vinco wallets to customers around the world,” Mr Raja said.