“We are thrilled to have the support of world-class investors who bring a highly strategic network to help us continue with the vision, with zero pivots, that Clive [Mitchell], my co-founder, and I started with in 2016,” Nigel Verdon, co-founder and chief executive officer (CEO) of Railsbank, said in a statement on Thursday (Nov. 12). “Over the past four years, we have built a global winning team and expanded our product into credit and data-driven insights, enabling any fungible product — such as money, digital assets, kilowatt hours, gas units, carbon credits, reward points, telco minutes — to be spent as money,” he added.

https://www.pymnts.com/news/banking/2020/uk-baas-railsbank-closes-37m-funding-deal-to-support-us-growth/