2 years ago
Apron Raises $5.5M Seed Funding for B2B Payments Platform
Apron, a London-based B2B payments platform for small businesses, has raised $5.5 million in seed funding led by Bessemer Venture Partners, with angel support from the founders of Melio and Klarna
The company intends to use the funds to grow the team, product, and reach
Apron provides a supplier payments platform for small businesses that allows users to handle invoices, batch pay suppliers, smooth out approvals, and automatically reconcile
The platform integrates with existing workflows and connects to the software users are already using, with no wallet and payments going straight from one bank account to another
Apron covers 150+ countries and 30+ currencies.
ProblemFinancial Services
"making cross-border B2B payments for small businesses more efficient"
Solution
"a supplier payments platform that integrates with existing workflows, handles invoices, batch pays suppliers, and automates reconciliation"