Tech Company Financing Transactions
Crezco Funding Round
Crezco, based in London, received $18 million in funding from 13books capital and MMC Ventures.
Transaction Overview
Company Name
Announced On
11/22/2023
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Series A
Investors
13books capital (Lead Investor)
MMC Ventures (Lead Investor)
Proceeds Purpose
Proceeds will be put toward expanding Crezco's accounts-to-accounts product and expanding the size of its team from 25 to 45.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
192F Campden Hill Road Notting Hill Gate
London, W8 7TH
UK
London, W8 7TH
UK
Phone
Undisclosed
Website
Email Address
Overview
Open banking is a paradigm shift in the distribution of financial services akin to the World Wide Web. The trick is employing this innovative technology to solve customer problems. Sounds easy, it isn't, but it is fun and we love it. Fortunately there are plenty of problems left to solve and open banking is in its infancy. We have a decade left of technological developments ahead and increasing country adoption. We will continue to disrupt innovatively year after year.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ralph Rogge
Chief Financial Officer
Ivelina Delcheva
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