BankiFi is a Fintech startup disrupting the financial services industry by offering a unique combination of technology, marketing, and human engagement tailored to the needs of banks and small businesses. Founded in 2018 and headquartered in the United Kingdom, the company's mission is to assist 2 million SMEs by 2024 and to reposition banks and financial institutions at the core of business operations. BankiFi's innovative technology empowers banks to deliver integrated services encompassing accounting, invoicing, and payments, aligning with small business processes to enhance customer-centricity and drive revenue growth. The startup's focus on open banking, embedded banking, and embedded finance aligns with the latest industry trends. In their latest funding round, BankiFi secured a significant £4.00M Series A investment, indicating strong investor confidence. The funding was provided by Praetura Ventures and the Greater Manchester Combined Authority, signifying the startup's appeal to both venture capitalists and regional authorities. This investment attests to BankiFi's potential to revolutionize the financial services landscape and achieve its ambitious SME support targets.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A | £4.00M | 2 | 15 Aug 2022 | |
Seed Round | £500.00K | 1 | 30 Nov 2021 | |
Seed Round | £2.20M | 2 | 01 Sep 2021 | |
Seed Round | Unknown | 1 | The FIS FinTech Accelerator in Partnership with The Venture Center | 03 Jun 2021 |
Seed Round | Unknown | 1 | Tech Nation Fintech | 22 Sep 2020 |
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