a year ago

Tuza Secures £4 Million in Seed Funding to Expand Business Card Payment Comparison Platform

  • Tuza, a UK-based provider of a business card payment comparison site, has raised £4 million in seed funding

  • The round was led by Connect Ventures with participation from Northzone, Triple Point, and Entrepreneur First

  • Tuza plans to use the funds for growth, reaching 100,000 merchants, expanding its team, and further technical development

  • The company aims to provide SMBs with transparent and fair pricing by enabling them to compare rates from various payment providers

  • This investment follows a previous £1.5 million pre-seed funding round in June 2023.

      • ProblemFinancial Services

      "Small and medium-sized businesses (SMBs) are often charged high fees for business card payments because they lack information about alternative providers and pricing."

      Solution

      "Tuza provides a comparison site for business card payments, allowing SMBs to easily compare rates from top payment providers and find the best deals. "

      Covered on