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Juni raises USD 21.5 mln

Wednesday 7 July 2021 12:29 CET | News

Sweden-based payment solution platform Juni has raised USD 21.5 million.

The service integrates with thousands of banks and payment providers and automates a number of routine functions. To date, the startup has raised USD 23.5 million.

The Series-A funding arrives via DST Global, Felix Capital, and saw follow-on participation from Cherry Ventures and other early investors. With this fresh influx of capital, Juni aims to sustain its pace through further product development and a recruiting spree.

According to Tech.eu, between March and May of 2021, Juni saw a total transaction volume increase of nearly 500% month-on-month, with a weekly average growth rate of 81%.


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Keywords: fintech, Juni, funding, startup, banks
Categories: Banking & Fintech
Companies:
Countries: Sweden
This article is part of category

Banking & Fintech