Growfin: Raises $7.5M in Series A Funding
- Growfin is the modern accounts receivable automation software that helps enterprises accelerate cash collections and makes cash flows
- Pleased to announce that it has raised $7.5M in Series A funding
- It was led by Singapore’s SWC Global with participation from existing investors 3one4 Capital
- Aims to solve one of the biggest challenges faced by B2B businesses today – cash collections
- With recession impending across the globe, companies are working towards optimizing their cash flow
- As companies scaled this became more cumbersome. Managing AR in spreadsheets led to AR bottlenecks
