Portfolio
3
companies
Onfido
Onfido provides digital identity verification and authentication through artificial intelligence.
Railsbank
Railsbank provides an embedded finance platform that lets companies build custom financial products.
Railsr
Railsr provides an embedded finance platform for brands.
Anju Patwardhan
Managing Partner
Anju brings extensive board-level experience across banking and financial technology, including roles as an independent non-executive director at Deep Future Analytics and Xapo Bank. She previously served as a managing partner at CreditEase and brings a background as a banking executive.
LinkedInThe Series C financing comprised £26m in equity led by Anthos Capital and £20m in debt from Mars Capital.
"I am absolutely delighted that less than four months after Railsbank evolved to become Railsr, we have achieved another milestone and closed our Series C, a significant step on our route to profitability."
The open banking platform has secured £8.1m in Series A funding led by Moneta Capital to expand its global operations.
"We are delighted to welcome our new investors who join our amazingly supportive investor list. Railsbank is at a key stage of its development and we are moving into a period of sustained expansion. Our industry leading products and highly skilled management team are being leveraged across a growing customer base, and we are continually being presented with opportunities on a global scale."
The Series C financing was led by SBI Investment and Salesforce Ventures to support international expansion and product development.
"We chose to invest in Onfido because they have proven their expertise at using artificial intelligence to effectively fight fraud, giving businesses a safe and secure way to scale their businesses online."
