The seed round was led by Speedinvest and Target Global to support team expansion and international growth.
"Imagine your electricity getting cut because of insufficient funds due to not moving money to your current account in time. Now imagine that across hundreds of accounts and dozens of countries. That’s the daily challenge for treasury teams – juggling multiple systems to track and predict cash flow across global operations. Having implemented incumbent solutions three times to solve this without seeing meaningful change, we knew it was time to build something better"
ETFS Capital led the Series B financing, with participation from XTX Ventures, to support international expansion and product development.
"With the digital evolution of credit now inevitable, we are pleased to have ETFS join our team given their deep experience in capital markets innovation. Building the best-in-class dataset for one of the world's largest asset classes remains an ambitious task, and we are excited about the opportunities ahead of us."
The artificial intelligence investment platform has raised £350k through the fundraising platform Fundmypitch.
"The Fundmypitch platform has been brilliant for us. From the moment we were on the platform, we had introductions to investors and clients. As well as helping us secure investment, we’ve got lots of ongoing relationships that will transform our business in the future."
Union Square Ventures led the round, with participation from Ribbit Capital and Slow Ventures.
"We believe that money should work the same way everything else on the internet works – that it should be easy to use, it should be fast, and it should be global,"
The initial tranche of the Series A round was led by DB1 Ventures with backing from Dutch Founders Fund and Flow Traders.
"We are delighted to welcome Deutsche Börse as a shareholder and are very excited to work together with them in further enhancing connectivity and digitisation for capital markets"
