Fintech Expend Tops £1.3 Million on SyndicateRoom. Closes Crowdfunding Round Today

General News

Summary

Expend, a Fintech in the business expense management sector, is scheduled to close its crowdfunding round on SyndicateRoom later today. Valued at £12.5 million, Expend has now raised £1.33 million topping its initial goal of £750,000. According to the Expend website, existing investors include Metro Bank, Deutsche Bank, and RBS, as well as angel investors and funds such as Oxford Technology. The company seeks to “redefine expense management” and demand from users seems to validate the fact that the company is providing value for its users. As with every offering on the SyndicateRoom platform, WCS Nominees Limited is the lead investor in the found having dedicated £53,719 as part of the funding.

Classifications

industries
Fintech & Banking
applications
Accounting and Taxes

AskAI Classifications

Labels
Expense Management Software SaaS Financial Technology

Linked Companies

Expend
$1M to $5M