A payments business powering recurring commerce has raised 拢4 million and appointed Eline Blomme as chief strategy and product officer.聽
Acquired.com has been backed by Beach Point Capital Management following three years of strong revenue growth and agreements with major customers such as Zopa Bank, Abound and Flutterwave.
Blomme brings a wealth of experience from her role as vice president at TrueLayer, where she was responsible for tailoring its open banking products for the eCommerce market. Prior to TrueLayer, she spearheaded the development of Worldline鈥檚 global eCommerce offering.聽
The funding injection will enable increased investment into the company鈥檚 people and Acquired.com鈥檚 four core payment pillars: card processing, direct debit, pay by bank & real-time payments.
鈥淚鈥檓 delighted to welcome Eline to Acquired.com,鈥� said Greg Cox, co-founder and CEO. 鈥淗er expertise and deep industry experience will unlock new possibilities for our customers, as we look to capitalise on three years of consistent growth.
鈥淭his is an exciting time for Acquired.com – this investment will enable us to double down on our focus of delivering a best-in-class payments experience for recurring commerce. We鈥檝e worked hard to build out a brilliant product and a fantastic team, so I鈥檓 excited to see what is to come.鈥�
Blomme added: 鈥淭he chance to come and work with Greg was one I could not turn down. His ambition for Acquired.com and the wider Quint Group is compelling, with their unique yet complementary propositions helping to fix some of the glaring problems in the FinTech ecosystem.聽
鈥淎cquired.com has performed incredibly strongly over the last few years, whilst also investing heavily in their core product & technology. It鈥檚 a fantastic opportunity and I can鈥檛 wait to get started.鈥�