AccessPay, a Manchester-based bank integration provider, has successfully closed a strategic funding round totaling $24 million, consisting of both equity and debt. Led by True Ventures, the round also saw participation from Praetura Ventures, NatWest, Mastercard, Route 66 Ventures, and Beringea. AccessPay plans to utilize the capital to drive profitable growth, enhance research and development, expand its fraud prevention and automation capabilities, and jumpstart its expansion in the U.S. market.
AccessPay Closes $24 Million Strategic Funding Round Led by Silicon Valley VC True Ventures