W2 Global Data secures GBP 3 mln in Series A funding

Monday 29 October 2018 14:54 CET | News

W2 Global Data, a provider of SaaS, B2B software solutions and services, has announced it has completed a GBP 3 million Series A round of financing.

Amongst the investors were Mercia Technologies PLC and the Development Bank of Wales. The funding builds on a good year for W2 and it will help the company to further expand its sales and marketing efforts as well as extend its global reach.

W2 offers customers the ability to streamline customer acquisition and manage regulatory risk by performing real-time identity verification, anti-money laundering, and anti-fraud checks against consumers and corporates on an international scale.

The company targets companies in the regulated, government, and business community across the globe, and is primarily focused on selling to the gaming, payments, and foreign exchange markets on multi-year revenue contracts.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: W2 Global Data, Series A, funding, SaaS, B2B, payments
Countries: World

Industry Events