Friday, November 22, 2024
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Railsr: Closes Series C Round Raising $46M

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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