Tech Company Financing Transactions
Sprinque Funding Round
On 6/6/2023, Sprinque raised $21.3 million in investment from Avellinia Capital.
Transaction Overview
Company Name
Announced On
6/6/2023
Transaction Type
Debt
Amount
$21,341,000
Round
Undisclosed
Investors
Proceeds Purpose
The capital will be used to further expand its pay-by-invoice solution throughout Europe with an ability to finance up to �200 million in transactions per year.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Prinsengracht 526
Amsterdam, 1017 KJ
NL
Amsterdam, 1017 KJ
NL
Phone
Undisclosed
Website
Email Address
Overview
Our mission is to help businesses grow safely in a digital world. B2B commerce is going digital, and we are building the business credit and business-to-business payment infrastructure from the ground up to support B2B ecommerce. We are obsessed with making it easy for businesses to pay for online purchases on payment terms that suit them, and to enable merchants to use credit and payments as a strategic tool for building a thriving online business. The challenge ahead is huge. B2B commerce, payments, and credit has seen very little innovation over the last century. Systems need to be redesigned from the ground up, analog habits have to be retrained and an entirely new set of tools and capabilities needs to be developed from scratch. Complexity is what drives us at Sprinque.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Juan Espinosa
Chief Technical Officer
Manoj Tutika
Co-Founder
Mark Holleman
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