The round was led by TX Ventures with participation from several new and existing investors.
"Our view is that within the near-mid term, marketplaces will have to offer trusted payment solutions otherwise they will miss out on new business. Trustap, by providing escrow-like payment options and by lifting the operational burden off the shoulders of marketplaces, offers just that. The product is immensely scalable which is proven by the global presence of clients and the numerous categories Trustap facilitates among buyers and sellers."
The funding round was co-led by Sure Valley Ventures, Act Venture Capital, and Furthr VC.
"We’ve developed long-term partnerships with customers who trust our expertise to successfully address and solve even their most complex business problems. Having had a positive response from the market to date, particularly in the USA, we look forward to accelerating our sales, implementing our product roadmap and growing our team over the coming months."
The funding round was led by Furthr VC to support job creation and global growth.
"We are delighted to receive this funding from our investors, who share our excitement for the future of Ronspot. The team at Furthr VC have been working closely with us, offering valuable advice as we prepare for a period of rapid global growth."