Santander and Barclays have co-led MarketInvoice’s $33.6m series B round, which the fintech developer raised in addition to a $38.8m in debt financing.
UK-based financial technology developer MarketInvoice raised £26m ($33.6m) yesterday in a series B round that was co-led by financial services firms Santander and Barclays.
Venture fund Northzone and private credit fund Viola Credit also took part in the round, with the latter additionally supplying $38.8m in debt financing. Santander participated through its corporate venturing subsidiary, Santander InnoVentures.
Founded in 2011, MarketInvoice operates an online marketplace for businesses to sell their unpaid invoices to raise working capital. The company has financed invoices…
