AccessPay Secures $24 Million in Funding to Revolutionize Payments Operations for Finance and Treasury Teams

AccessPay, a trailblazer in payment operations excellence, has successfully raised £24 million in its latest funding round, marking a significant milestone in the company's growth trajectory. Based in Manchester, UK, AccessPay has been revolutionizing the way finance and treasury teams operate since its inception in 2012. The funds will be strategically allocated to further enhance its cloud-based platform, which integrates seamlessly with over 16,000 banks worldwide, optimizing banking operations for thousands of organizations. This infusion of capital will bolster AccessPay’s mission to minimize fraud and errors, enhance payments efficiency, and improve cash visibility for its clients. The company's innovative approach includes advanced security features such as Confirmation of Payee and Sanctions Screening, which help de-risk payment operations and automate bank statement retrieval. With this new capital, AccessPay plans to expand its technology capabilities, further develop its services, and extend its market reach, ensuring that more businesses can enjoy a modernized banking experience. As the financial landscape continues to evolve, AccessPay is well-positioned to lead the charge in providing pioneering solutions that simplify and secure payment processes for enterprises globally. The raised funds represent not just a financial boost but a commitment to providing clients with the highest level of service and technology in today’s digital-first world.