£26.5M
The funding round was co-led by Tiger Global and Avid Ventures to support product development and team expansion.
P
Pento—London, UKTiger Global + 7 others
Portfolio
2
companies
Pento
Pento delivers automated payroll software for modern European businesses.

Rapyd
Rapyd provides a global fintech as a service platform powering local payments.
The funding round was co-led by Tiger Global and Avid Ventures to support product development and team expansion.
Target Global led the Series E round to support product enhancements and strategic mergers and acquisitions.
"Enabling digital payments has become one of the most fundamental business needs across every industry as the past year and a half have irrevocably demonstrated. Being in a position to help companies enhance their ability to serve customers and expand their reach across global markets is both a tremendous responsibility and an extraordinary opportunity. We are grateful to our investors for acknowledging the new needs of our ecosystem and supporting our aspirations,"

Coatue led the Series D round, which will fund platform expansion and strategic acquisitions.
"The demand for online payments has skyrocketed following the restrictions due to the effects of COVID, and as a company, we are well placed to provide businesses across the globe with the solutions they need and to get them up and running fast,"