£5.0M
The funding round was led by Valar Ventures, Viola Fintech and Shapers to support the expansion of the platform to other top banks.
"Today marks a transformative step for small business financial management,"
Valar Ventures + 2 others
VV
Valar Ventures
Venture CapitalValar Ventures is a US fund backed by Peter Thiel that has previously invested in European fintech companies.
Portfolio
3
companies
Portfolio companies
Ember
Ember provides an integrated financial management and tax platform for small businesses.
AbbeyCross
AbbeyCross builds wholesale foreign exchange platforms for emerging market currencies.
AP
Atoa Payments
Atoa Payments provides an alternative in-store payment method for small businesses.
Team
JF
James Fitzgerald
Recent investments
£5.2M
Valar Ventures led the seed financing alongside participants BNY Mellon, Third Prime and Gaingels to support product development.
"We’re proud to support AbbeyCross in their seed funding round. Their mission to improve execution quality and transparency for Emerging Markets is aligned to our desire to continue improving the FX market for our clients. It reflects our commitment to emerging technology partnerships that accelerate market structure enhancements and enable us to better serve our clients. We look forward to working with the AbbeyCross team and other market participants to unlock this potential."
£5.2M
Valar Ventures led the seed round with participation from Passion Capital and Leo Capital.
"For businesses on the high street, every penny counts. Businesses need fairer solutions that improve cash flow and keep prices down for their customers. Open banking payments with Atoa could make a significant impact to their bottom line."
AP
Atoa Payments—London, UKValar Ventures + 2 others
