The funding round was led by Fuel Ventures to support international demand and product innovation.
"This funding is a testament to the exceptional people we have at Beyonk and the combined vision we have for the future of the market. We will continue focusing on organic international growth but we do have the option of using debt facilities for acquisitions too."
MassMutual Ventures led the Series A round to support go-to-market activities and infrastructure development.
"This funding round not only validates our mission and strategy but also equips us with the resources to continue to deliver our innovative banking solutions to more customers."
The funding round was led by UNTITLED with participation from Material Ventures, Best Nights VC, and Fuel Ventures.
"Fundamentally we want to build the best possible product for our incredible community of independent suppliers. Our vision is to create a groundbreaking operating system for our supply partners – a tool that can be central to helping them grow, whilst helping to streamline the tough parts of their day-to-day. Beyond that we’re really focusing on growing and developing our supplier community, not just signing them up to the platform. We want to feel like a genuine part of the ecosystem."
The funding round was co-led by Finch Capital and Outpost Ventures.
"Companies have to maintain countless technical integrations and vendor relationships, while reconciling global payments. At NomuPay, we remove the burden of ‘multiples’, by unifying fragmented payment networks. In the face of continued technological, market, method and data fragmentation, we provide companies with an ‘all access pass’ to global payments’, enabling enterprises to continue to expand globally, and to future-proof payment strategies."