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Banked Adds Investment And Bank Partners Furthering Development And Expansion Of Its Global Pay By Bank Network

Nov 15, 2022over 2 years ago
Palo AltoSustainabilityLending And InvestmentsFinancial ServicesMobile

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.

Company Information

Company

Banked

Location

Palo Alto, California, United States

About

Banked is a FinTech startup that offers an alternative to card schemes.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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