Forex Payment Platform receives £100,000 in Equity Financing
Our client a global financial technology company that provides an innovative, online comparison service for SMEs to access a panel of major forex payment traders.
With £750,000 already invested by angels and founders, our client approached us to raise working capital to ramp up sales and marketing activity. We jumped into action and shortlisted investors from our network. Within a short time, an investor made a proposal along with his colleague, a World Bank Senior Executive, to join the board of the company and to bring with them several large African and Asian corporations, with whom they had influence, to escalate the traffic onsite to the point where the resulting revenues generated will negate the need for a further fund raise down the line.
At B&Y we continue to be active across all markets from development capital for established firms, exceptional early stage businesses and of course, turnaround. We raise capital through our business angel network with investments ranging between £250,000 to £5million so please do feel free to get in touch to see how can help.