Swisscom and Six came back to participate in the expense management platform developer’s latest round, lifting its total funding to approximately $108m.

Switzerland-based expenses management software provider Yokoy received $80m in series B funding yesterday from investors including telecommunications firm Swisscom and stock exchange operator Six Group.

Venture capital firm Sequoia Capital led the round, which also featured Speedinvest, Zinal Growth, Visionaries Club, Left Lane Capital, Balderton Capital and unnamed angel investors.

Swisscom and Six Group took part in the round through their respective corporate venturing subsidiaries: Swisscom Ventures and Six FinTech Ventures.

Founded in 2019 as Expense Robot, Yokoy has created…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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