Seed4 October 2021

Crezco secures £3m in seed funding from angel investors and fintech specialists to expand its team and products.

The seed round features backing from prominent fintech angel investors and industry figures.

£3.0MSeed

Crezco is a financial technology company that utilises open banking to streamline business to business invoice and bill payments. Based in London, the firm aims to replace manual bank transfers with more convenient digital payment solutions.

London-based fintech firm Crezco has secured £3m in seed funding to support its ongoing expansion. The capital comes from a range of angel investors, venture capital funds, and industry specialists, including notable figures such as Charles Delingpole and Chris Adelsbach.

The freshly secured funds will be directed towards team growth, international expansion, and the development of new value-added products that complement the company's core payment offerings.

Founded in 2020, Crezco has previously established integrations with platforms like Xero and QuickBooks. The company seeks to provide a cost-effective alternative to traditional card networks for business-to-business transactions.

From the founder

Investor perspective

"Crezco’s unique and innovative B2B payment solution for SMEs is a clearly exciting investment opportunity with huge potential. Crezco has already achieved a great deal with its existing partnerships secured in only a year. The future is bright for the company and I look forward to watching Crezco grow and expand internationally."