Friday, May 16, 2025
17.6 C
London
HomeBankingAnchor Raises $20M for Autonomous Billing and Collections Platform

Anchor Raises $20M for Autonomous Billing and Collections Platform

Date:

ECB Delays Non-Bank PSP Access to TARGET Payment System

The European Central Bank postpones the deadline for non-bank...

Acorns Acquires EarlyBird to Expand Family Wealth Management

The investment app strengthens its financial wellness offerings by...

Wero Wallet Integrates with Nuvei for Seamless Online Checkout

A strategic partnership enhances digital payments, enabling instant transactions...

Innovative fintech startup secures funding to revolutionize B2B billing and collections.

Highlights:

  1. Anchor secures $20 million in Series A funding led by Mosaic General Partnership and Oren Zeev from Zeev Ventures.
  2. The platform aims to eliminate invoicing and payment inefficiencies for small and medium businesses.
  3. Anchor plans to double its workforce and expand its US market presence.

Summary: Anchor, a fintech startup specializing in autonomous billing and collections, has raised $20 million in Series A funding. The round was led by Mosaic General Partnership and Oren Zeev from Zeev Ventures, with participation from existing investors and new industry leaders.

The funding will enable Anchor to double its workforce, accelerate its US market presence, and deepen strategic partnerships. The platform aims to streamline invoicing and payment processes for small and medium businesses, reducing inefficiencies and improving cash flow.

Related stories

spot_img

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