The company raised the capital to expand its technology, team, and commercial footprint.
"We are delighted to have this group of investors onboard for the next stage of our journey. The success we have achieved to date is a real testament to the incredible tenacity and resilience of the team and our customers. Even through the most difficult times, they have been an absolute force of optimism and willpower. 2020 was a difficult year, but seeing how everyone responded was truly inspiring, and I can’t say how grateful I am to be on this journey with them all. Now, we are looking forward to helping ever more experience businesses thrive and grow together with us."
The open banking newcomer raised funds from members of the Claret Club to expand its staffed kiosk network.
"Working with ABA has been brilliant. OneBanks engaged with ABA early in the growth cycle where the business was only starting to gain traction with relevant stakeholders and I was delighted that the investor network connected to the concept of OneBanks and believed in me as a founder to execute. The support and encouragement from the investors have been a key driver to the success to date."
The proptech start up has raised £545k to digitise the property letting and purchasing process.
"Inefficiencies in the application process provide a real opportunity to innovate and digitise customer onboarding practices. James, who showed some real promise during our scale-up programme, is well placed to embed these changing behaviours for property transactions. We look forward to supporting the business as they grow and working in partnership with SFC Capital, and angel investors Samantha and Richard"
West Hill Capital led the pre-Series A round, which will fund product development and US expansion.
"For too long, so many SMEs — representing 80% of the hospitality industry — have been excluded from the benefits of modern sales technology due to the unit economics and requisite technical expertise. We strongly believe there’s another way and our product offering and commercial model proves that. In a market worth $47bn, we’re providing an advanced sales platform and card processing solution at a cost below the most popular payment-only services."