202411 Apr

Mimo Raises £15.5M in Funding

Summary

Mimo, a London, UK- and and Stockholm, Sweden-based platform providing global payments, cash flow, and financial management for SMBs and accountants, raised £15.5M in funding. The round was led by Northzone with participation from Cocoa Ventures, Seedcamp, Upfin VC, with an asset backed facility arranged by Fost and participation from various angel investors including founders and early operators from the likes of Stripe, GoCardless, Wayflyer, and Anyfin. Founded in 2023 by Henrik Grim (CEO), Alexander Gernandt Segerby (CPO), and Andreas Meisingseth (CTO), Mimo is a platform simplifying global payments, cash flow, and financial management for SMBs and finance professionals. The tools allow for trading SMBs and finance professionals to pay suppliers, access working capital, and get paid by customers, in any currency. Mimo already works with 50+ SMBs and finance professionals and processes several million GBP every month via its early access offering.

Source: Finsmes

Funding

$19.68M
Amount
Apr 11 2024
Date
-
Investor
Mimo
Company

Classifications

Companies