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July 1, 2022
Finance Technologies

Receipt Bank raises $73m in Series C funding round

UK-based bookkeeping fintech Receipt Bank has raised $73 million in a Series C funding round led by Insight Partners. Receipt Bank had raised $65m prior to this latest round Participants in the round included Augmentum Fintech, Kennet Partners and Canadian Imperial Bank of Commerce (CIBC). Receipt Bank plans to use the fresh funding to support its growth in Europe, Australia, and North America. The firm currently has operations in the UK, US, Canada, Australia, South Africa, and France. The fintech experienced a significant uptick in business last year, doubling the number of businesses using its platforms to more than 360,000.…
Receipt Bank raises m in Series C funding round

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