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Sprinque: Raises €6M in Seed Funding | Fintech InShorts: Latest fintech news, analysis by experts

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Sprinque: Raises €6M in Seed Funding

By Steve Sam

January 13, 2023

Sprinque Raises €6M in Seed Funding

Sprinque, an Amsterdam, Netherlands-based provider of a B2B payments platform, raised €6M in Seed funding
The round was led by Connect Ventures, with participation from Kraken Ventures, Inference Partners, SeedX, Antler, Volta Ventures, and Force Over Mass
The company intends to use the funds to expand Pay by Invoice Solution across Europe
The company provides a B2B payments platform that enables merchants and marketplaces to offer Pay by Invoice with net payment terms to buyers online, without taking on additional risk or increasing operational overhead
The company then pays the merchant when the final invoice is issued, taking away the risk of default
The white labeled solution can be fully embedded via their APIs, their Magento, Prestashop and WooCommerce plugins, or operated offline via their Merchant Control Center

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