United Kingdom logged 2 verified funding rounds in the week ending 02 Oct 2022, totalling ≈$322.0M. Wise (formerly TransferWise) anchors the week with a ≈$300.0M debt in Financial Services. Financial Services was the busiest sector with 2 deals.
| Country | United Kingdom |
| Deals this week | 2 |
| Total raised | ≈$322.0M |
| Top sector | Financial Services (2) |
| Most common round | Series B (1) |
| Sources tracked | 9 |
| # | Company | Amount | Round | Sector | Announced |
|---|---|---|---|---|---|
| 1 | Wise (formerly TransferWise) | $300.0M | debt | Financial Services | 01 Oct 2022 |
| 2 | Ledgy | $22.0M | Series B | Financial Services | 21 Sept 2022 |
$300.0M · debt · Financial Services · United Kingdom
“Wise (formerly TransferWise) is an Estonian-British financial technology company focused on global money transfers and business finance, offering products such as Wise Account, Wise Business, and Wise Platform for fast, low-cost, and transparent cross‑border payments.[3]”
Investors: Silicon Valley Bank UK (lead).
Ledgy$22.0M · Series B · Financial Services · United Kingdom
We’re Ledgy, the leading equity and share plan management platform with best-in-class automation.
7 more sources tracked. Read the full press release and reporter coverage.
Sign up to read →Investors: Sequoia Capital, New Enterprise Associates (NEA), Speedinvest, Btov Partners.
| # | Investor | Deals |
|---|---|---|
| 1 | Btov Partners | 1 |
| 2 | New Enterprise Associates (NEA) | 1 |
| 3 | Sequoia Capital | 1 |
| 4 | Silicon Valley Bank UK | 1 |
| 5 | Speedinvest | 1 |
Financial Services accounted for 2 of 2 verified deals in United Kingdom this week. The stage mix was 0 early-stage (pre-seed to seed) against 2 Series A or later.
