Forex Payment Platform secures £100k in equity financing for working capital
The funding will support sales and marketing initiatives.
An online comparison service connecting small and medium enterprises with major foreign exchange payment traders.
An unnamed global financial technology company has secured £100k in equity financing to support working capital requirements. The fresh capital will be deployed to accelerate commercial operations and promotional activities.
Prior to this transaction, the business had secured £750k from angel investors and founders. The latest injection of funds comes alongside strategic board appointments from the incoming investor group, who plan to introduce large corporate clients from Africa and Asia to drive user traffic.
Use of funds
- 01Invest in sales and marketing
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About the company
Forex Payment Platform
The company operates an online comparison service for foreign exchange payment traders.