Kapaga Raises £1.5M in Seed Funding
Summary
Kapaga, a London, UK-based cross-border payment platform for small and medium enterprises (SMEs), raised £1.5m in funding. The round was led by Target Global with participation from angel investors in the fintech space, Chris Adelsbach, Andreas Mihalovits, and Mark Ransford. The company intends to use the funds to expand operations and its business reach, as well as to continue to build out its platform as it looks to introduce mass global payments and virtual cards in the coming months. It delivers cloud-based technologies to automate customer onboarding and streamline international payments. Its cloud architecture allows companies to send and bill money to 190+ countries in numerous currencies via one secure and streamlined application.
Funding
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