Seed2 May 2024

Tuza raises £4m in seed funding led by Connect Ventures to scale its payment comparison platform.

Connect Ventures led the seed financing round to support domestic growth and team expansion.

£4.0MSeed

Tuza operates a price comparison platform that helps small businesses evaluate and switch payment processing providers. The company aims to bring transparency to the merchant acquiring market.

Tuza has secured £4m in seed funding to expand its presence in the British market and scale its team. Connect Ventures led the financing round, with additional backing from Northzone, Triple Point and Entrepreneur First. The company will use the capital to support hiring, product development and domestic growth.

From the founder

"Our latest round of investment underscores the urgency of our mission. Businesses shouldn’t bear high costs due to a lack of understanding about where or how to find better deals. Our platform provides instant, transparent access to the best solutions for each business. It not only saves time, but also introduces a level of pricing fairness previously unseen in the industry."

Ed Hardy

CEO and co-founder at Tuza

Investor perspective

"Tuza’s transformative approach not only streamlines the complexities of payment processing but also empowers UK businesses with unprecedented transparency and control. Finally the days of opaque pricing structures and painstaking comparisons are a thing of the past, marking a significant leap forward for the industry. Tuza levels the playing field of payments processing."