Banked Adds Investment And Bank Partners Furthering Development And Expansion Of Its Global Pay By Bank Network
Nov 15, 2022•over 2 years ago
Investors
National Australia Bank VenturesInsight Partners
Description
Banked Ltd ("Banked"), the London-based fintech company building a next-gen global payment network, today announced that it has raised over $15 million in a Series A extension round, led by global software investor Insight Partners. The investment round was supported by Citi and National Australia Bank Ventures, recognizing Banked's traction and distinct approach to building a Pay by Bank global network. Newly announced commercial partner and global payments firm Rapyd also participated in the round.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers