Total amount raised
€560 Million
Latest funding date
11/1/2024
Location
SeQura has successfully raised funds over four rounds, with the latest being a Venture - Series Unknown round. The company is backed by five investors, including notable names like Svea Ekonomi, M&G Plc, and Citi.
Keep reading to explore the intricacies of SeQura's fundraising journey and the investors backing this innovative platform.
What Is SeQura?
SeQura is a FinTech company based in Barcelona, Catalonia, Spain, specializing in eCommerce payment solutions. The company offers flexible payment options for online and in-store purchases, including interest-free installments and pay-after-receiving methods.
With a workforce of 251-500 employees, SeQura aims to improve conversion rates for retailers while ensuring secure and guaranteed payments. The company is expanding its operations to Portugal, France, and Italy, further solidifying its presence in the European market.
How Much Funding Has SeQura Raised?
- Series Unknown
- Amount Raised: EUR 410,000,000
- Date: November 2024
- Lead Investors: Citi
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance its payment technology and digital shopping solutions.
- Convertible Note
- Date: November 2024
- Lead Investors: Svea Ekonomi
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand their technological capabilities and scale operations.
- Debt Financing
- Amount Raised: EUR 150,000,000
- Date: September 2022
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance their market presence and improve operational efficiency.
- Series Unknown
- Date: July 2016
- Lead Investors: Optimizer Invest
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale their operations and expand their market reach.
Total Amount Raised: EUR 560,000,000
Current Valuation: Not publicly disclosed
Key Investors
- Citi
- Details: Citi is a leading global bank with a presence in over 160 countries. It offers a wide range of financial services and products.
- Investment Focus Areas: Financial services, technology, infrastructure
- Notable Investments: Not publicly disclosed
- Svea Ekonomi
- Details: Svea Ekonomi is a financial services company based in Sweden. It specializes in credit management, payment solutions, and financing.
- Investment Focus Areas: Credit management, payment solutions, financing
- Notable Investments: Not publicly disclosed
- Optimizer Invest
- Details: Optimizer Invest is a venture capital firm focusing on digital and technology sectors. It aims to support innovative startups and growth companies.
- Investment Focus Areas: E-commerce, fintech, digital media
- Notable Investments: Not publicly disclosed
- M&G
- Details: M&G is an international investment manager providing a range of investment solutions. It manages assets across various classes.
- Investment Focus Areas: Infrastructure, real estate, public and private equity
- Notable Investments: Not publicly disclosed
- Chenavari
- Details: Chenavari is a specialist asset management firm focusing on credit and structured finance. It provides investment solutions in these areas.
- Investment Focus Areas: Credit, structured finance
- Notable Investments: Not publicly disclosed
What's Next for SeQura?
SeQura's recent €410M funding marks a significant opportunity for the company to expand its payment technology and digital shopping solutions. This substantial capital injection positions SeQura to enhance its market presence and drive innovation in the fintech sector. The funding, led by Citi and supported by M&G and Chenavari, underscores the confidence investors have in SeQura's growth potential.
As SeQura leverages this funding, future fundraising opportunities are likely to arise, enabling further expansion and technological advancements. However, the company will need to navigate challenges such as intense competition from other well-funded fintech firms and regulatory hurdles in different markets. Successfully addressing these challenges will be crucial for SeQura to maintain its growth trajectory and capitalize on emerging industry trends.
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