4 years ago
Crezco Secures £3 Million Seed Funding to Revolutionize B2B Payments with Open Banking
London-based fintech startup Crezco has raised £3 million in seed funding to enhance the open banking system for B2B payments
The company, founded by Ralph Rogge and Igor Pikovsky, offers a cost-effective alternative to traditional card payments for SMEs
Crezco's investors include UFP Fintech, Charles Delingpole, Chris Adelsbach, and Outrun Ventures
The funding will support team expansion, international growth, and the development of value-added products.
ProblemFinancial Services
"Businesses paying invoices face high fees and a lack of convenient solutions compared to consumer card payments."
Solution
"Crezco leverages open banking to offer free and easy B2B invoice payments, cutting out card processing fees and simplifying transactions for SMEs."