The seed round was led by Triple Point Ventures with backing from Portfolio Ventures and angel investors.
"We are excited to embark on the next stage of our journey with new funding. With this financial backing, we can expand our operations, build awareness about our product and develop new opportunities. Genuine evolution within this sector is long overdue. Historically, the treasury systems market has been focused on larger companies but now outdated legacy technology and a lack of innovation are limiting its potential. CDS is revolutionising the industry to remove technical complexity which will enable us to bring the benefits of modern treasury apps to a wider global market facing similar issues."
The funding round was backed by Railpen and managed by Barclays Bank PLC.
"This investment continues Railpen’s strategy of investing in high quality, innovative growth companies for the long term, which supports our purpose to secure our members’ future."
The Series A round was led by Monomyth Group and brings total funding to £70m.
"The significant growth in our customer numbers over the past six months highlights just how many people in the UK are in need of additional financial support."
The fintech start-up has secured backing for its digital boat finance platform ahead of an autumn product launch.
"Currently boat finance is somewhat broken with relatively few funders to choose from and limited options that encourage clients to actively proceed. Add to this the painfully slow decision times and overall difficulty tracking applications, it is clear the entire process has become both time-consuming and frustrating. At SALT we offer an exclusive one stop boat shop with seamless engagement throughout the purchase journey, plus the provision of full support for insurance, warranty, moorings or service contracts whilst delivering unrivalled convenience for sailors."
