Irish-led London fintech gets €6m funding boost from Lloyds | Business Post

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Irish-led London fintech Satago gets €6m funding boost from Lloyds – EmmetJRyan reports.

Sinead McHale, chief executive of Satago: ‘This partnership allows us to leverage each other's strengths’

Satago, an Irish-led fintech based in London, has secured a £5 million investment from Lloyds Bank in exchange for a 20 per cent stake in the business. Satago is a cash management platform for SMEs that provides credit control, risk management, and invoice finance services. The deal with Lloyds involves Satago providing a single solution for Lloyds’ customers across these services.Subscribe from just €1 for the first month!

 

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