Participated · Seed · May 2026

Astrada provides a real-time data layer that delivers access to card and banking data across all three major card networks via a single API. The platform targets finance platforms that need unified, real-time visibility to support both human-driven and agent-driven spending. Since launching in 2024, Astrada has processed more than $750 million in card spend and over three million transactions, and counts early customers such as Workday, Zoho, Payhawk, and Miter. The company is led by founder and CEO Salman Syed, an early Marqeta employee who ran North America through its IPO. Astrada is based in the San Francisco Bay Area and New York and plans to use its recent seed funding to accelerate product development and expand partnerships across fintech and enterprise finance.

Participated · Series C · Sep 2024

AtoB offers a fintech payments platform and products for the transportation industry, including the AtoB Carrier Wallet, no-hidden-fee fleet cards, instant direct-deposit payroll, and access to bank accounts and savings tools. The company focuses on simplifying payment processes, reducing fraud, and providing 24x7 instant access to earnings for drivers and fleet operators. AtoB has partnered with Mastercard, Uber Freight, and several top-10 brokerages, freight factoring and energy companies to broaden distribution and capabilities. In the past year the company reported a 500% increase in revenue and volume with partners. The new capital is intended to support product and team expansion and to drive further growth and innovation across the trucking ecosystem. AtoB positions itself to better serve small and medium-sized trucking businesses with tools for transparency and efficiency on the road. AtoB offers a fintech payments platform tailored to the trucking and fleet industry, providing products such as no-fee fleet cards, instant direct-deposit payroll, and access to bank accounts and savings tools. Its platform also includes fuel analytics to flag fuel theft, identify fuel-efficiency opportunities, and help fleets reduce emissions and transition to cleaner fuels and electric vehicles. The company says its products are aimed at small fleets, noting that the majority of trucking businesses operate very few trucks. AtoB has raised capital to scale product development and provide working capital to small fleet businesses. The Series B will also support international expansion. AtoB was founded in 2020 and is described from a San Francisco dateline in the announcement.

Participated · Series C · Sep 2024

Form3 builds cloud-native payments infrastructure and APIs that let banks, neobanks and BaaS providers create faster, more efficient payment services. Its product set includes instant transfers, payment orchestration, fraud protection, direct debit and credit transfers. The company counts customers such as Klarna, N26, SumUp and Thought Machine, and works with strategic partners and investors including Visa, Mastercard and major banks. In the U.K. it already handles more than 50% of non-cash payment volume. Form3 has doubled its global processing volume in the last six to nine months and expects to double it again in the next 12 months as it expands into newer geographies like the U.S. The founders started the company in 2016 after encountering payment infrastructure challenges while at Barclays. Form3 provides API-based cloud payments technology used by financial institutions such as Goldman Sachs, Lloyds Bank and Nationwide Building Society to deliver mission-critical payments. The company focuses on cloud payments infrastructure for large banks. Founded in 2016 and based in London, Form3 offers scalable, mission-critical payment solutions. It recently secured €23 million from Atempo Growth to support acquisitions, new market entry and new product growth. Last year it completed a $160 million Series C led by Goldman Sachs. The company is positioning to accelerate expansion and continue offering market-leading cloud payments solutions. Form3 provides a cloud-native Payments-as-a-Service platform launched in 2017 and used by major Tier 1 banks and fast-growing fintechs. The company emphasizes cloud-based technologies and positions itself to make payments "smart" at industrial scale. Form3 reported 233% ARR growth in 2021 and now employs over 260 people across 22 countries. The startup is in advanced conversations with multiple U.S. banks and plans a global rollout, with a specific focus on expansion into the U.S. market. The latest funding is intended to fuel those expansion plans and tackle next-phase product and market challenges. Form3 offers a cloud-native payments platform used by banks and fintechs to process mission-critical payments. Founded in 2016 and headquartered in London with a regional hub in Amsterdam, the company has tripled in size since its $13M Series B in November 2018. Form3 reports its annual recurring revenue increased by 160 percent. The firm plans to use the new capital to build significant functional enhancements to its platform and to expand in existing and new markets. As part of its commercial strategy, Lloyds Banking Group and Nationwide Building Society will implement Form3’s solution for their customers. Penny Hughes has joined the board as a non-executive director. Form3 provides cloud-based payment-as-a-service technology designed to solve slow payment processing and enable real-time payments for banks and fintech companies. Its platform is targeted at institutions moving away from on-premise payment infrastructure. Existing clients named in the article include Ebury, N26, Tandem Bank, LHV Bank, and myPOS. The company says adoption of cloud payment platforms by major banks and fintechs has been slow so far, which affects its near-term traction. Form3 stated it believes the trend toward cloud-based payment solutions "is here to stay." The startup recently raised capital to support its growth and market push.

Participated · Equity · Mar 2024

AccessPay provides cloud-based bank connectivity and bank integration solutions that connect back-office systems to banks and enable automated flow and transformation of payment, bank statement and other financial data. The platform targets finance and treasury teams, helping them optimize operations through automated payments and data exchanges. AccessPay is led by CEO Anish Kapoor and is based in Manchester, UK. The company has secured a majority investment from Accel-KKR in 2026. Proceeds from that investment are intended to fund new product development and strategic acquisitions. No revenue, user, or valuation figures were disclosed in the report.

Led · Equity · Feb 2024

MTN Group Fintech operates MTN’s mobile‑money platform MoMo alongside insurance offerings, airtime lending, e‑commerce and network solutions. The business is positioned for expansion and MTN has said it will prepare to separate its financial services division. Mastercard signed a definitive agreement to make a minority investment of up to USD 200 million into the fintech unit at a USD 5.2 billion cash‑and‑debt‑free valuation. The transaction remains subject to customary closing conditions and was originally announced on 14 August 2023. MTN noted the deal is non‑categorised under JSE listing requirements; the precise amount to be paid by Mastercard is expected to be disclosed later. MTN said the arrangement complements its broader commercial relationship with Mastercard and is intended to accelerate fintech development and drive financial inclusion across Africa.