Stanhope Financial: Raised in excess of USD 10 million for its Series A funding round
- Stanhope Financial is re-defining access for SME and MME to capital markets and transaction banking
- The funding, led by venture capital firm Gate Ventures, will be used to develop the group’s product offerings
- Group has seen substantial growth across its business divisions since it began operations in October 2021
- Its SH Payments division, licensed as an Electronic Money Institution
- The company’s SH Capital division, which is licensed in the DIFC, Dubai, allows institutions
- Group has also been granted financial services licences by both the Bank of Lithuania
