- UK fintech Kriya secures £50 million funding from Israel’s Viola Group for B2B payments.
- Founded in 2011, Kriya offers payment and credit solutions across Europe.
- Claims to have processed £27 billion in B2B payments and advanced £3.5 billion in credit.
- Will use the funding to strengthen PayNow and PayLater products for online and offline transactions.
- Aims to support export businesses in 45 different currencies, including GBP, USD, and EUR.
- Anil Stocker, CEO, sees the funding as a validation of Kriya’s efforts in digitizing business transactions.
