Payments platform Banked reportedly secures $2.35m in seed round

Banked, which support real-time payments, has reportedly secured $2.35m in a seed funding round led by Force Over Mass.

Support to the round also came from previous Banked backers Backed and Acrew Capital, as well as a number of angel investors, according to a report form TechCrunch.

The investment brings the FinTech’s total equity funding to £5.35m.

Banked was founded in 2018 and exited its beta in April 2020. Its APIs are designed to enables real-time account-to-account payments for banks, businesses and individuals.

The FinTech’s goal is to help companies unlock the potential of financial data, with its tools helping make this information more accessible.

Businesses can integrate Banked’s technology to add real-time payments to their checkout, simplify the acceptance and distribution of payments, create invoices and make multiple payments at once.

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