8.1 C
London
Sunday, April 28, 2024
HomeFinTechUsercentrics: Raises €17M in Series B Funding

Usercentrics: Raises €17M in Series B Funding

Date:

  • Usercentrics, a Munich, Germany-based provider of user consent management solutions, raised €17m in Series B funding
  • The round was led by Full In Partners with participation from existing investors Alstin Capital, Reimann Investors, and Cavalry Ventures
  • The company intends to use the funds to develop a footprint in the Americas and expand go-to-market activities
  • Usercentrics provides a SaaS-based Consent Management Platform (CMP) solution that enables companies to collect, manage, and document user consent
  • The solution ensures alignment between marketing, data strategy, and international data protection regulations such as GDPR and CCPA
  • Over the past year, the company has quadrupled annual recurring revenue, grown headcount to almost 100 employees

Related stories

Allica Bank reports first full year of profitability after revenues double

Allica Bank's Financial Performance:Allica Bank, a UK...

Monese to split business in two amid mounting financial woes

Internal Restructuring:Monese, a UK-based fintech and banking...

Nium names Alexandra Johnson as first chief payments officer

Appointment of Alexandra Johnson:Alexandra Johnson has been...

Central Bank of Mauritania partners Giesecke+Devrient for CBDC exploration

Partnership Announcement:The Central Bank of Mauritania (Banque...

Bird taps Airwallex to power international payments operations

Partnership Overview:Bird, a communications platform based in...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img