Railsr, a London, UK based provider of an embedded finance platform, raised $46M, constituted $26m of equity and $20m of debt, in Series C funding.
The equity portion was led by Anthos Capital, with participation from Ventura, Outrun Ventures, CreditEase and Moneta. The debt portion of the round was led by Mars Capital.
The company intends to use the funds to accelerate growth, expand operations and its business reach.
Led by CEO Nigel Verdon, Railsr is an embedded finance experiences platform which allows brands to put the customer experience at the core of their business by using finance as a strategic engagement tool to deepen relationships, create increased brand relevance and generate revenue. The platform provides financial products and solutions, including banking and wallets, cards, credit and rewards.
Railsr has built a portfolio of more than 300 customers including HelloCash, Sodexo and Payine.
FinSMEs
06/10/2022