Fennech Financial
71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom
Overview
Fennech Financial delivers an intelligent automation platform for finance, treasury, and payment solutions via a cloud-based system. Its autonomous platform uses AI, machine learning, and predefined business rules to streamline real-time automation of accounts, payments, funding, and liquidity across multiple banking partners. Acting as an intermediary between businesses and the banking sector, Fennech provides a unified single platform to automate and manage treasury and payment operations. The company intends to use the new funding to accelerate product development, expand its team, and further establish itself as a leader in the fintech industry. Financially, Fennech raised £2.3M in June 2023, with Lloyds Banking Group leading the round and contributing £2.0M alongside several high-profile individual investors. CEO Emmanuel De Rességuier highlighted the strategic partnership with Lloyds and expressed gratitude to new and past investors for their support.
- Total raised
- $3M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Jul 2023
Industries
- Financial Services
- FinTech
Recent funding
Equity
Jul 2023
$3M