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U

Upfin

Venture Capital

Portfolio

2

companies

By category

  • FinTech£15.5M
  • AI/ML£4.6M

By location

  • London£20.1M

Portfolio companies

M

Mimo

Mimo simplifies global payments and cash flow management for small businesses.

P

Palm

Palm streamlines cash management and treasury operations for enterprise teams.


Recent investments

Seed
£4.6M

The seed round was led by Speedinvest and Target Global to support team expansion and international growth.

"Imagine your electricity getting cut because of insufficient funds due to not moving money to your current account in time. Now imagine that across hundreds of accounts and dozens of countries. That’s the daily challenge for treasury teams – juggling multiple systems to track and predict cash flow across global operations. Having implemented incumbent solutions three times to solve this without seeing meaningful change, we knew it was time to build something better"
— Gurjit Pannu, Co-Founder and Co-CEO
Other
£15.5M

The funding round was led by Northzone with participation from Cocoa Ventures, Seedcamp, Upfin VC, and Fost.

"I’ve seen first-hand the time-consuming and fragmented processes SMBs must deal with when managing money. SMBs and financial professionals have to jump between apps and spreadsheets to pay invoices or make and chase international payments, all while trying to keep track of and manage cash flow. Mimo bundles this into a single tool so that businesses can easily manage the movement of their money and receive payments in any currency, faster. We’re delighted to be backed by our investors to help give SMBs full control of their finances."
— Henrik Grim, CEO