Sprinque Raises €6M in Seed Funding
- Sprinque, an Amsterdam, Netherlands-based provider of a B2B payments platform, raised €6M in Seed funding
- The round was led by Connect Ventures, with participation from Kraken Ventures, Inference Partners, SeedX, Antler, Volta Ventures, and Force Over Mass
- The company intends to use the funds to expand Pay by Invoice Solution across Europe
- The company provides a B2B payments platform that enables merchants and marketplaces to offer Pay by Invoice with net payment terms to buyers online, without taking on additional risk or increasing operational overhead
- The company then pays the merchant when the final invoice is issued, taking away the risk of default
- The white labeled solution can be fully embedded via their APIs, their Magento, Prestashop and WooCommerce plugins, or operated offline via their Merchant Control Center
