8 years ago
APEXX Raises $4 Million to Disrupt Global Payments
APEXX, a London-based fintech startup, has secured $4 million in seed funding and a grant from Innovate UK
The round was led by Forward Partners, with participation from MMC Ventures and Alliance Venture
APEXX's platform connects merchants with payment service providers and banks, enabling them to reduce cross-border payment costs, optimize transaction routing, and manage multiple provider relationships through a single integration point
The funding will be used to expand APEXX's global network and fund product development.
ProblemFinancial Services
"making cross border payment acceptance more cost-effective, optimising payment transaction routing, and managing multiple provider relationships through a single integration point"
Solution
"APEXX offers a cloud-based platform that compares costs and provides expert advice on payment providers, saving merchants up to 15% on processing fees, and streamlining payment acceptance"