SSImple secures angel funding led by David Little
The funding round was led by David Little and coincides with the appointment of Matthew Cook as chairman.
£2Pre-Seed
SSImple provides a software platform designed to manage and share standing settlement instructions across the financial services sector.
London-based fintech platform SSImple has closed an angel funding round to support its ongoing business expansion. The financing was led by fintech investor David Little. In conjunction with the announcement, the company appointed Matthew Cook as its new chairman.
From the founder
"As the industry grapples with shorter settlement cycles and maintains a strong focus on reducing transactional costs and friction, this is an exciting time to be joining SSimple. Accurate, authenticated, and timely SSIs have long been a consistent challenge, hindering the realisation of a fully straight-through-processing (STP) vision within the industry. This hindrance has been exacerbated by error-prone manual processes and costly, outdated legacy platforms. Leveraging SSImple’s innovative SaaS approach, we present a cost-efficient effective and readily implementable solution across multiple asset classes for the 21st century, with the goal being to transform this vision into reality."
MC
Matthew Cook
Chairman at SSImple
Use of funds
- 01Scale operations
