£16.2M
Transak raises £16.2m in a Series A round led by CE Innovation Capital to scale its onboarding infrastructure
The Miami based web3 payments provider secured backing from a broad syndicate including institutional funds and angel investors.
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The latest funding rounds from the UK tech ecosystem. Updated 16 October 2026.
Announcements
903
Total raised
£37.1B
disclosed amounts
This month
£25.0M
raised so far
The Miami based web3 payments provider secured backing from a broad syndicate including institutional funds and angel investors.
Triple Point Private Credit provided the three-year revolving facility to help the insurtech reach a broader customer base.
"We have held conversations with Marshmallow’s management for some time about how we may help them with their funding requirements and are excited to be working with a management team that have successfully launched and scaled an insurance business so impressively,"

Silverstripe Investment Management led the Series A round to support the expansion of Paydock's payment orchestration infrastructure.
"We are thrilled to welcome Silverstripe to the Paydock story. Having established a deep relationship over the past 12 months, their experience and track record in the finance and tech sector will supercharge our mission to transform the payments sector for the better. We are fully focused now on doubling down on our vision to deliver the world’s best orchestration solution. This funding enables us to accelerate that vision, introduce customers and partners faster and bring forward our ambitious vision of the future in payments."
Baird Capital backs Freemarket with growth capital to fuel international expansion.
"We are delighted to partner with Baird Capital at this exciting stage in Freemarket’s growth journey."
"We’re delighted to complete our crowdfund and gain more vehicle obsessed, money-saving focused investors. With this fundraising complete, our plan is to launch and get to the heights of MoneySuperMarket in the vehicle-comparison world. We want to shake up the whole vehicle buying process and enable consumers to make informed decisions before they part with their cash. Karfu is a totally unique proposition: it will be the first site ever to include a range of vehicles – not just cars or bikes – and we also calculate the vehicle’s lifetime CO2 impact. Now more than ever people want to make decisions that are sustainable for the environment and Karfu helps them to do that. It’s about the total ownership cost. Most of the time people might base their decision just on a monthly PCP deal, for example, but they might be comparing apples with oranges. By assessing people’s needs with a few basic questions, we can establish whether it’s best for a consumer to buy outright, lease, hire purchase or even go down subscription or sharing routes. It’s all in the mix. The rising cost of living means consumers need to be smarter with their money. By considering all the options, even those that traditional consumers feel they know little about, Karfu will help them be better informed and able to make decisions that save them time, money… and the planet."