Innovative fintech startup secures funding to revolutionize B2B billing and collections.
Highlights:
- Anchor secures $20 million in Series A funding led by Mosaic General Partnership and Oren Zeev from Zeev Ventures.
- The platform aims to eliminate invoicing and payment inefficiencies for small and medium businesses.
- Anchor plans to double its workforce and expand its US market presence.
Summary: Anchor, a fintech startup specializing in autonomous billing and collections, has raised $20 million in Series A funding. The round was led by Mosaic General Partnership and Oren Zeev from Zeev Ventures, with participation from existing investors and new industry leaders.
The funding will enable Anchor to double its workforce, accelerate its US market presence, and deepen strategic partnerships. The platform aims to streamline invoicing and payment processes for small and medium businesses, reducing inefficiencies and improving cash flow.