Macquarie Group is a financial institution employing over 19000 people across 31 markets, providing capital, financing, risk management, and market access solutions.
Managing Director and Non-Executive Board Director
Carolyn brings extensive banking and institutional coverage experience from roles at Macquarie, Lloyds Bank, and UBS. She also serves as a non-executive board director at Macquarie.
Tom serves as an executive director at Macquarie Group and a director at Bracket. His career includes multiple director roles across financial services.
The Seed round was led by Macquarie Group and Blackfinch Ventures to fund international expansion and product development.
"Mid-market companies are being held to the same standard as the biggest corporates but they don’t have access to the same tools, leaving many to struggle with outdated systems and processes. Bracket automates that operational layer using AI to give teams real-time visibility and control over bank data and key information, all within one platform. This funding allows us to continue on our growth trajectory and scale our products internationally."
The initial funding round will accelerate the development of technology designed to bring transparency to corporate foreign exchange markets.
"I am very pleased to welcome Macquarie as a significant shareholder in Tenora. To attract the backing of a major financial institution at this early stage is a strong endorsement of both the market need for our differentiated solution, and our compelling long-term strategy. Our two businesses believe that change is needed in the non-bank FX and payments industry to put the power back in the hands of finance teams. We look forward to launching our product and working together to reimagine the future of FX risk management"
The investment round was led by Macquarie and Channel 4 Ventures to support the company platform.
"We are delighted to be supporting Raylo with its ambition to become a leading circular economy platform. The Raylo team has shown impressive traction in building a new consumer electronics proposition that is beneficial for both customers and the planet; and the launch of newer products, such as Raylo Pay and Raylo Insurance, demonstrate the company’s innovativeness and commitment to building a great customer experience. Our investment will enable Raylo to build awareness of its proposition throughout the UK and help it on its journey in becoming a household name."
The funding round was backed by Wayra UK, Octopus Ventures, and Macquarie to support the rollout of Raylo Pay.
"There is a clear shift in consumer behaviour and their preference for subscription based payment models. There’s an appetite for more affordable options to purchase great technology and devices. The Raylo team has proven success in delivering on this consumer trend, and we look forward to helping them scale up their platform through our strategic resources and networks."
