Tech Company Financing Transactions
Outfund Funding Round
Force Over Mass Capital, 1818 Ventures and PostFinance joined a $144.5 million Series A venture round for Outfund. This venture round was announced by the company on 4/27/2022.
Transaction Overview
Company Name
Announced On
4/27/2022
Transaction Type
Venture Equity
Amount
$144,500,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand its global growth, pledging to invest more than £500m of lending to over 5,000 businesses in the next 12 months, to make investments into new products, such as working capital and revolving credit, as well as in team growth.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
71-75 Shelton Street Covent Garden
London, WC2H 9JQ
UK
London, WC2H 9JQ
UK
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Developer of a lending platform designed to offer an instant finance option to businesses. The company's lending platform offers on-demand B2B finance at the point of sale based solely on the business's revenues and performance, enabling businesses to spread the cost of their purchases while their suppliers are paid upfront and in full.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Daniel Lipinski
Chief Information Officer
Ian Vaughan
Chief Operating Officer
Alan L
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