4 years ago

Nimbla Secures £5.1 Million to Scale Embedded Invoice Insurance Platform

  • London-based fintech startup Nimbla has raised £5.1 million in a funding round led by Fin VC, with participation from Barclays Bank

  • The investment will support Nimbla's expansion plans as demand for embedded credit risk solutions grows

  • Nimbla's platform provides businesses with invoice insurance and real-time quotes, aiming to provide a confident and trusted trading environment.

      • ProblemFinancial Services

      "Businesses face significant risks from unpaid invoices and bad debt, especially during times of economic uncertainty. This risk can hinder growth and make it difficult for businesses to trade with confidence."

      Solution

      "Nimbla provides businesses with on-demand invoice insurance through a digital platform and API. This allows businesses to protect themselves from unpaid invoices, manage credit risk effectively, and trade with increased confidence, knowing they have a safety net."

      Covered on