mmob secures £5m in a seed round from angel investors to fund global expansion and platform development.
The company has closed a £5m seed round backed by angel investors to support technology innovation and international expansion.
mmob operates an embedded finance network that enables consumer-facing fintechs to integrate and deliver third-party products and services through a single line of code. The platform connects commercial partners with digital product providers to streamline onward customer journeys.
London-based embedded finance network mmob has secured £5m in a seed funding round. The capital was provided by a group of angel investors comprising high-net-worth individuals and senior banking executives.
The company will direct the funds towards technology innovation, international expansion into markets such as Malaysia, and cementing its position within the embedded finance sector.
Established in 2020, mmob works with partners such as PensionBee, iwoca, and Superscript, using APIs to help brands deploy financial services quickly.
From the founder
"Due to advances in technology and the wealth of data available, brands can responsibly respond to consumer demand and offer personalised options and attractive pricing for financial services,"
Irfan Khan
CEO at mmob
Use of funds
- 01Continue product development
- 02Expand into international markets
