HomeFinTechRailsr: Closes Series C Round Raising $46M

Railsr: Closes Series C Round Raising $46M

Date:

UK Tribunal Rules Visa and Mastercard Interchange Fees Breach Competition Law

Landmark decision finds payment giants’ multilateral interchange fees unlawful,...

UK Tribunal Rules Visa and Mastercard Fees Violate Competition Law

Landmark Decision Could Reshape Payment Processing Landscape Highlights: The UK...

Belgium Prosecutors Investigate Worldline Local Unit for Potential Misconduct

An In-Depth Look into the Probe and Its Implications...

Railsr Closes Series C Round Raising $46M

  • Railsr, a London, UK based provider of an embedded finance platform, raised $46M, constituted $26m of equity and $20m of debt, in Series C funding
  • The equity portion was led by Anthos Capital, with participation from Ventura, Outrun Ventures, CreditEase and Moneta
  • The debt portion of the round was led by Mars Capital
  • The company intends to use the funds to accelerate growth, expand operations and its business reach
  • The platform provides financial products and solutions, including banking and wallets, cards, credit and rewards
  • The company has built a portfolio of more than 300 customers including HelloCash, Sodexo and Payine
Exit mobile version