HomeUKApron Raises $5.5M in Seed Funding

Apron Raises $5.5M in Seed Funding

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Apron, a London, UK-based B2B payments platform for small businesses, raised $5.5M in seed funding.

The round was led by Bessemer Venture Partners, with angel support from the founders of Melio and Klarna. 

The company intends to use the funds to grow the team, product, and reach.

Led by Bogdan Uzbekov, Founder & CEO, Apron provides a supplier payments platform for small businesses. Within the system, users can:

  • Handle invoices.
  • Batch pay suppliers.
  • Smooth out approvals.
  • Automatically reconcile.

Apron integrates with existing workflows, and connects to the software users are already using. There’s no wallet. Payments go straight from one bank account to another without stopping off on the way. Which means no top-ups, and no extra reconciliations.

Apron covers 150+ countries and 30+ currencies.

FinSMEs

13/06/2023

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