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Railsr: Closes Series C Round Raising $46M | Fintech InShorts: Latest fintech news, analysis by experts

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Railsr: Closes Series C Round Raising $46M

By Steve Sam

October 9, 2022

Railsr Closes Series C Round Raising $46M

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
The platform provides financial products and solutions, including banking and wallets, cards, credit and rewards
The company has built a portfolio of more than 300 customers including HelloCash, Sodexo and Payine

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