2 years ago

Statement Raises £1.5 Million to Help SMBs Compare Payment Providers

  • Statement, a UK-based startup offering a platform for SMBs to compare payments providers, has secured £1.5 million in pre-seed funding led by Northzone

  • The platform aims to help businesses save on card payment fees by comparing settlement times, contract lengths, and monthly charges

  • The funding round also included participation from Notion Capital, Entrepreneur First, Triple Point Ventures, TinyVC, and angel investors, including Charlie Songhurst, Chris Adelsbach, Chris Mairs, and Freddy Kelly, founder and CEO of Credit Kudos, which was acquired by Apple in March 2022.

      • ProblemFinancial Services

      "Small and medium-sized businesses (SMBs) find it difficult to compare payment processing providers and often overpay on card processing fees."

      Solution

      "Statement is a platform that allows SMBs to easily compare payment providers, saving them time and money on card processing fees."

      Covered on