3S Money Club, a London-based digital B2B merchant banking platform, announced closing of funding round led by VC fund Maxfield Capital and supported by individual angel investors and existing shareholders. The amount of the deal was not disclosed.
3S Money Club offers multi-currency accounts (IBANs and UK account numbers) for cross-border businesses. Headquartered at the heart of London Old Street fintech district, 3S team is known for its unique grasp of international payment networks coupled with strong regulatory and compliance expertise. Their ‘club’ concept mixes finance technology with old-fashioned personal banking relationships with an ambition to create a large community of reputable merchants.
Ivan Zhiznevskiy, a co-founder of 3S Money Club said: “3S Money Club created a unique user experience for UK/EU merchants trading globally. We are delighted with the endorsement of our current strategy and future plans. The raised capital will be deployed for further development of our service portfolio as well as to accelerate growth.”
We believe that solutions offered by 3S Money Club will help many start-up companies to expand internationally and become part of global economy, and are glad to take part in this challenging endeavour” – says Alexander Turkot, Founding Partner of Maxfield Capital.
