£12.5M
The London-based fintech company secured the funding from Insight Partners to support its expansion into new geographies.
Banked
Building a next-generation global payment network for consumers and merchants.
£29.6MTotal raised
Banked develops a next-generation global payment network that allows users to pay merchants directly through their mobile banking apps. The platform aims to provide a secure alternative to traditional card payments with instant settlement.
Categories
Team
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Brad Goodall
CEO
Brad brings extensive financial technology and executive experience, having co-founded Banked and 10x Banking alongside earlier leadership roles at ENTIQ and QMV Super Solutions.
LinkedIn
Jennifer Hoffman
Jennifer serves as CMO at Totally and Unstoppable, alongside advisory roles at Evelyn Health.
LinkedInPF
Paul Forster
founder of Indeed.com
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Huey Lin
ex-PayPal
Investors
- £12.5M
- £14.7M
- £2.4M
Funding history
£14.7M
The investment round was led by Bank of America and Edenred Capital Partners to support expansion into the United States.
£2.4M
The seed round was led by Force Over Mass with backing from Backed and Acrew Capital.