logo
logo

Bankifi, A Manchester Fintech Helping Smes Grabs £2.2M Funding To Fuel Global Expansion

Sep 01, 2021•almost 4 years ago

Amount Raised

£2.2 Million

Round Type

seed

Manchester

Description

Manchester-based BankiFi is a fintech business, which specialises in payment processing and financial administration services for SMEs. Today, the company has grabbed a £2.2 million investment in a funding round led by Praetura Ventures alongside participation from the Greater Manchester Combined Authority (GMCA).

Company Information

Company

Banki Fi

Location

Manchester, New Hampshire, United States

About

BankiFi will use the funds to expand its product and service offering, grow its client base and target new domestic and overseas markets. This investment will boost the services BankiFi is already providing and assist in achieving its ambitious global ambitions. COVID-19 has amplified the importance of helping micro and small businesses reduce time spent on administration rather than doing the job, and BankiFi’s products will be invaluable for fulfilling the post-pandemic opportunities for businesses.”Focuses on helping SMEs Founded by Mark Hartley in Manchester in 2017, BankiFi was founded to help financial institutions better serve small and medium-sized businesses. Manchester-based BankiFi is a fintech business, which specialises in payment processing and financial administration services for SMEs.