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AccessFintech Completes Series B Financing of $20 Million

October 08, 2020 / Business Wire
SHARESHARESHARE

AccessFintech, the leading fintech company evolving the financial industry operating model through data and workflow collaboration, is pleased to announce the successful completion of its Series B round of $20 million, led by Dawn Capital, Europe’s largest venture capital fund dedicated to B2B software. Existing investors J.P. Morgan, Citi and Goldman Sachs contributed to the round, and Deutsche Bank has participated for the first time. It brings the total capital raised to date to $37 million since 2018. AccessFintech will use the proceeds of the investment to fuel the next stage of its development, to accelerate product innovation, and to continue its go-to market expansion and extend its partner ecosystem. The company has created a network of participants sharing financial data and standardising workflows. Market participants use the network to collaborate on exception resolution, distribute data and onboard vendors to create a complete ecosystem for data and workflow manageme...