NatWest Group is a relationship bank serving millions of people, families, and businesses across the UK and Ireland.
The London software business has closed a Series C round backed by Insight Partners and existing shareholders to fund international growth.
"At Insight Partners, we invest in fast-scaling software companies. The Pollinate platform creates white-labelled digital marketplaces for the business customers of the world’s largest banks"
BGF led the funding round with participation from NatWest to accelerate product innovation and sales expansion.
"We are delighted to work with Cirrus, and their new investor BGF, as their business scales up. Their strong technology product puts them in a great position to capitalise on the excellent growth prospects in front of them."
National Australia Bank led the series B round to support the platform's international expansion.
The banking facilities are supported by UK Export Finance and will fund the construction of two utility-scale solar plants in Spain.
"Today’s announcement is testament to the strength of our business, Solarcentury’s unrivalled experience in developing and building large-scale infrastructure projects globally, and the significant investment potential of subsidy-free solar in Europe."
The financing package from NatWest will support network upgrades, team growth, and debt refinancing.
"We are delighted to be able to continue our support for such an exciting company. Zen has a well-established track record and an ambitious growth strategy. We are pleased that we have been able to provide the financial support needed in order to deliver on its next phase of growth and support another exciting, high growth locally-based business."
