E-Money Markets Secures £700K Funding to Revolutionize SME Payment Technology

E-Money Markets Secures £700K Funding to Revolutionize SME Payment Technology

E-Money Markets, a cutting-edge FinTech startup based in London, has successfully secured £700,000 in pre-seed funding. This significant investment, led by CH-1 Investment Group alongside various angel investors, aims to enhance the company’s technological infrastructure and expand its product offerings in the financial technology sector.

Funding Details and Strategic Goals

The funding will primarily support several key areas, including:

  • Technological Infrastructure: Upgrading and enhancing the company’s tech framework.
  • Product Range Expansion: Broadening the variety of foreign exchange (FX) and payment solutions available.
  • Regulatory Compliance: Acquiring necessary licenses to operate effectively.
  • Strategic Partnerships: Building alliances within the FX brokerage industry.

With these funds, E-Money Markets is poised to increase the adoption of its services, focusing particularly on small to medium-sized enterprises (SMEs) and brokers.

Innovative Solutions for SMEs

E-Money Markets is transforming the traditional FX brokerage landscape by integrating top-tier FX and payment APIs into a single, modular platform. This design offers a seamless solution that empowers SMEs with access to state-of-the-art financial tools via a White Label FX Brokerage model, developed by co-founder Harry Geller.

CEO Insights on Market Needs

Harry Geller, co-founder and CEO of E-Money Markets, emphasized the challenge SMEs face in accessing modern payment technologies:

“New-age payment technology has been too slow to reach SMEs, who are often overlooked and underserved. A Finance Director doesn’t want to purchase $500,000 through an app, but they do want access to innovative payment gateways and FX technology offered by the FinTechs.”

Geller further noted that the product range available to brokers and SMEs has lagged behind advancements in the paytech sector. E-Money Markets aims to bridge this gap.

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Investor Confidence in E-Money Markets

Richard Spacey from CH-1 Investment Group expressed enthusiasm for the investment, stating:

“We were immediately impressed by E-Money Markets’ vision and the team’s deep industry expertise. Their white-label model taps into an underserved market with immense potential. We’re excited to support them as they redefine FX brokerage in the digital era.”

This funding round marks a significant milestone for E-Money Markets, positioning the startup for growth in the competitive FinTech landscape.

For more information about E-Money Markets and their innovative solutions, visit their official website at E-Money Markets.

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