3s.money, a UK startup that helps corporates accept and manage bank transfers in foreign markets, has hit a £40 million valuation on a £3 million Series B funding round led by TMT Investments.
The new funding will be used to continue hiring and to further expand the multi-currency business accounts with GBP, EUR and USD direct IBANs into new markets.
Ivan Zhiznevskiy, CEO, 3s.money, says: “As an operationally profitable bank challenger serving a distinct segment of the market, it was great to receive such strong and quick support from the VCs.
“We service mid-market clients from over 190 countries, supporting their high-value international payments through our extended correspondent network; a market that is dramatically underserved by both the pure online players and big merchant banks.”
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Source: https://www.finextra.com/newsarticle/37898/3smoney-raises-3m?utm_medium=rssfinextra&utm_source=finextrafeed