London-based FinTech Hands In has raised over 拢1m in a funding round to accelerate its expansion across key sectors.
The split payments solutions provider will also use the investment to enhance its technology and scale operations to support its customer base.
The news of the fresh round comes after the startup raised 拢500,000 in 2023, meaning the firm has now raised over 拢1.5m in just two years.
The company鈥檚 end-to-end payment platform enables customers to split payments across multiple cards and payments, increasing conversion rates for businesses across different sectors.
The round includes backing from CONCRYT founder and female angel investor Ryta Zasiekina, who will join the firm as an advisor,听 along with other prominent angel investors.听
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鈥淭his investment marks another exciting milestone for Hands In. Our success with Air Europa demonstrated the power of our multi-card solution in reducing payment failures and increasing conversions,鈥澨� said Hands In founder and CEO Samuel Flynn.
鈥淲ith this new funding, we鈥檙e poised to scale our split payment technology, onboard more enterprise clients, and redefine split payments globally.鈥�
Zasiekina added: 鈥淚 am thrilled to announce that I have made an investment in Hands In.听
鈥淭his investment reflects my ongoing commitment to the fintech sector and my active role in supporting innovative companies.听
鈥淗ands In鈥檚 goal is to elevate customer experiences and drive incremental revenue within the leisure and travel industries. Thanks to the latest round of funding, they secured a 拢140,000 contribution from me.鈥�
The company will also use the investment to look forward to achieving their aim of 鈧�1m ARR.