Skeps announces $9.5 million Series A Funding, led by Bertelsmann India Investments

02 Sep, 2021

Skeps announces $9.5 million Series A Funding, led by Bertelsmann India Investments
Photo by Markus Winkler on Unsplash

– Skeps, a global Point-Of-Sale (POS) financial technology company announced the close of Series A funding of $9.5 million, led by Bertelsmann India Investments.
– Existing investor Accel also participated in this round.
– The company intends to use the funds to expand the sales, marketing, engineering, and product teams, grow their merchant and lender client base, and broaden services offered to their customers.
– Skeps’ platform provides a suite of technology solutions for both merchants and lenders. Merchants can offer financing options ranging from Pay-in-4 to longer-term loans with one simple integration. Banks can use Skeps as their answer to branded BNPL platforms or grow their unsecured lending portfolio.

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