AbbeyCross Raises $2.47M in Pre-Seed Funding


AbbeyCross, a London, UK-based provider of a B2B trading and compliance marketplace, raised $2.47m in pre-seed convertible note funding.

The round was led by Third Prime with participation from Communitas Capital and 11 strategic angel investors coming from the payments industry.

The company intends to use the funds to expand operations and develop the solution.

Founded by Mike Robertson and Adrian Brown in 2021, AbbeyCross is a business-to-business FX trading and compliance marketplace for emerging market (EM) currencies. Available to banks and payment providers, it brings EM currency liquidity, price transparency and market data to a fragmented EM payment industry.