4 years ago
BankiFi Secures £2.2 Million to Expand Fintech Platform
BankiFi, a Manchester UK-based fintech company, has raised £2.2 million in funding
The round included a £1.5 million investment from Manchester-based Praetura Ventures and £700,000 from the Greater Manchester Combined Authority (GMCA)
The company intends to use the funds to expand its product and service offering, grow its client base, and target new domestic and overseas markets
BankiFi provides a technology platform that enables banks to provide a set of integrated services, including invoicing, payments, cash management, and accounting, which are designed to help businesses reduce time spent on financial administration.
ProblemTechnology
"Businesses spend too much time and money on financial administration, like invoicing, payments, and cash management."
Solution
"BankiFi provides a technology platform that integrates all these financial services into one system, saving businesses time and money."