APRON RAISES £12M MILLION TO EXPAND BUSINESS PAYMENTS PLATFORM

Posted under: MSME
Date: 2023-10-03
APRON RAISES £12M MILLION TO EXPAND BUSINESS PAYMENTS PLATFORM

Apron, a fintech platform that specializes in simplifying invoice processing for small businesses, has successfully raised $15 million in Series A funding. Index Ventures led the funding round. The company, founded by Bogdan Uzbekov, a former product leader at Revolut, aims to make financial tools more accessible for small and medium-sized businesses (SMBs) and to enhance their financial capabilities. Apron is a platform that has already gained attention for its user-centric and efficient approach to managing invoices, payments, approvals, and reconciliation. With the recent funding, the company aims to expand its team and enhance its product offerings to accountants, who play a crucial role in driving product adoption. The platform is geared towards SMBs, and seeks to tackle the manual and time-consuming aspects of financial management that these businesses often struggle with.

Read more at: financialit.net