BankingBusinessFinTech

Kriya announces new £50m funding facility from Viola Group

  • 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.
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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