Konsentus secures pre-series A funding led by Conviction Investment Partners.
Conviction Investment Partners led a pre-series A financing round to support continued business growth.
£2.0MSeries A
Konsentus provides regulatory technology solutions that help financial institutions verify third party permissions for open banking. The company protects banks and financial services firms against fraud and data breaches.
Konsentus has raised a multi-million pound pre-series A funding round led by Conviction Investment Partners. The company plans to use the capital to support continued growth and innovation within the open banking sector. Conviction organised the financing through its investor syndicate to back the regulatory technology provider's expansion. Mastercard also participates as a key investor in the business.
Use of funds
- 01Fund the next phase of growth