Sprinque, an Amsterdam-based digital checkout for B2B merchants and marketplaces offers a SaaS payment solution tailored to businesses' needs, raised €1.7 million (almost $2 million) in a Seed round led by Volta Ventures and Force Over Mass.
Several angel investors with extensive experience in the B2B and finance industry also joined the round. The group includes Gaston Aussems (ex-CEO, Mollie), Matt Robinson (Founder, GoCardless), Charlie Delingpole (Founder & CEO, ComplyAdvantage), Rainer Majcen (ex-CEO, Finance BPO at Arvato Financial Solutions), Chris Adelsbach, and Great Stuff Ventures.
The funding allows Sprinque to build out their product and onboard the first clients on the ever-growing waiting list
Company: Sprinque BV
Raised: €1.7M
Round: Seed Round
Funding Month: September 2021
Lead Investors: Volta Ventures and Force Over Mass
Additional Investors: Several angel investors, Gaston Aussems, Matt Robinson, Charlie Delingpole, Rainer Majcen, Chris Adelsbach, and Great Stuff Ventures
Company Website: https://www.sprinque.com/
Software Category: B2B checkout platform
About the Company: Sprinque was founded by Manoj Tutika (CTO), Mark Holleman (CPO), and Juan Espinosa (CEO), who all met at Antler Amsterdam, which subsequently invested in Sprinque. Sprinque is a B2B checkout platform for merchants & marketplaces which makes it possible for sellers to “Sell & Forget”, while business buyers decide how and when they would like to pay for a purchase. Sprinque built a digital checkout infrastructure to make business transactions as frictionless as ordering something from a consumer webshop. Their SaaS solution only needs one single integration and offers a multitude of business-specific options. These include pay with net 30-, 60-, and 90-day terms, split payments, and pay on milestones. It also provides access to multiple payment methods, including Pay by Bank, allowing buyers to settle invoices using their online bank account or mobile bank app.
Source: https://www.finextra.com/pressarticle/89244/b2b-payments-startup-sprinque-raises-17-million