The funding round was led by Northzone with participation from Cocoa Ventures, Seedcamp, Upfin VC, and Fost.
"I’ve seen first-hand the time-consuming and fragmented processes SMBs must deal with when managing money. SMBs and financial professionals have to jump between apps and spreadsheets to pay invoices or make and chase international payments, all while trying to keep track of and manage cash flow. Mimo bundles this into a single tool so that businesses can easily manage the movement of their money and receive payments in any currency, faster. We’re delighted to be backed by our investors to help give SMBs full control of their finances."
The pre-series b round was led by Samaipata and Stage 2 Capital to support client acquisition and technology development.
"With the cost of failed hires estimated to be three times their annual salary, Veremark’s efficient solution to background screening is helping businesses make fully informed hiring decisions. Despite a global slow down in recruitment, the company has continued to deliver exceptional growth due to the value it brings to customers. We are excited to continue backing Veremark’s remarkable growth journey as it continues to redefine workplace compliance and screening."
The investment round was led by TELUS with participation from Venrex and Comprador Holdings.
"Waymap has set itself the goal of revolutionising how everyone accesses the world. It is a global undertaking and one that requires investors, like TELUS, that not only share our vision and values, but have the strength of expertise and know-how to make this achievable. At a time of reduced inward venture capital investment in the UK, we are so proud that we have bucked the trend. This is, in no small way, down to the strength of our team, who are totally dedicated to making our towns and cities accessible for everyone."
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