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Vitesse raises $8.65m in Series A funding

London based provider of cross-border payments for businesses raised $8.65m in Series A funding led by Octopus Ventures.

“Cross border payments are still largely inefficient, especially for businesses,” explains McGriskin. “They can be slow and expensive, and tracking and reconciling them and keeping compliant in a constantly shifting regulatory environment can prove difficult”.

Tags

payments, london, cross-border