Butter Closes £15.8M Funding Round

– Butter is a London, UK-based fintech platform creating a Buy Now Pay Later (BNPL) travel agency.
– Company raised £15.8m in funding.
– The round was led by BCI Finance, the credit arm of London based venture builder Blenheim Chalcot, as well as a number of other private angel investors.
– The new investment will be used to accelerate the rollout of Butter’s open-banking based BNPL shopping app.