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Sme Banking Ecosystem Kapaga Gets £1.5M For European Expansion

May 26, 2022over 3 years ago

Amount Raised

£1.5 Million

Round Type

seed

London

Description

Cross-border payment platform Kapaga has raised £1.5m in a seed round of funding led by Target Global.

Company Information

Company

Kapaga

Location

London, Ontario, Canada

About

The London-based company will use the funding to develop new platform features, such as virtual cards, and plans to expand its offering across Europe this summer. Kapaga was founded in 2021 by Katya Dorofejeva, employs over 20 staff and has more than 150 users. Kapaga is an international payments platform that provides business bank accounts and multi-currency payment services for SMEs based in the UK.