Tech Company Financing Transactions
Railsr Funding Round
D Squared Capital Management, Moneta Ventures and Ventura Capital joined a $1 billion funding round for Railsr. The financing round was announced by the company on 3/9/2023.
Transaction Overview
Company Name
Announced On
3/9/2023
Transaction Type
Venture Equity
Amount
$1,000,000,000
Round
Undisclosed
Proceeds Purpose
Railsr was an early mover in the world of so-called embedded finance -- fintechs that build and run APIs for banking, payment cards and credit products, which are in turn used by other fintechs (such as neobanks) as well as other brands and businesses that also want to offer financial services to their customers to grow loyalty, expand revenue streams and more. There are some 5 million people using those services currently.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
52 Craig Road
Singapore, 089690
SG
Singapore, 089690
SG
Phone
Undisclosed
Website
Email Address
Overview
We've been pioneering innovations and pushing boundaries ever since we were founded. Today we're leading the way in making financial products and services digital and embeddable, enabling deeper and richer customer experiences with the brands people love.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Rick Haythornthwaite
Chief Executive Officer
Nigel Verdon
Chief Financial Officer
Steve Couttie
Chief Operating Officer
Stuart Gregory
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Next: 3/9/2023: Iron Health venture capital transaction
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About Our VC Transactions Data
We do our best to document all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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