London-based funds firm Banked has raised over US$15 million in a Sequence A extension spherical, led by world software program investor Perception Companions, following a Sequence A earlier this 12 months led by Financial institution of America.
Citi, Nationwide Australia Financial institution Ventures, and world funds agency Rapyd additionally participated within the spherical. The spherical brings the corporate’s whole funding raised up to now to over US$50 million.
Banked has been specializing in increasing to the US, with CEO Brad Goodall relocating from London to the corporate’s new workplace in Palo Alto, California. The corporate has round 100 staff.
Based in 2018, Banked supplies an account-to-account fee software program platform that lets customers, companies, and banks course of funds in real-time.
Perception Companions beforehand invested in Swedish open banking platform Tink which was acquired by Visa for US$2.2 billion in mid-2021.
Brad Goodall
“Banked has been heads down constructing merchandise and partnerships for 4 years and it’s thrilling to be launching markets globally at tempo now,”
stated Brad Goodall, CEO at Banked.
Byron Lichtenstein
“Banked’s distinctive technique in partnering with industrial banks and fee service suppliers, in addition to their product capabilities, stood out to us,”
stated Byron Lichtenstein, Managing Director at Perception Companions.
