AMNIS Treasury Providers, a Zurich-based fintech centered on worldwide banking options for corporations, has closed its Sequence B funding spherical, elevating CHF 10 million to assist its enlargement.
The spherical was led by Swisscom Enterprise.
amnis offers a global banking platform designed to assist SMEs function and scale globally by decreasing transaction prices, streamlining staff bills, and automating accounting duties.
By addressing inefficiencies in cross-border finance, its multi-currency answer presents companies a aggressive edge within the world market.
Over the previous 12 months, the corporate’s cost quantity has greater than doubled, pushed by rising demand for its debit card and expense administration options.
The newest funding strengthens amnis’ place in current markets whereas supporting its enlargement into new ones.
It additionally permits deeper integration with third-party accounting programs and ERP functionalities, fostering a seamlessly embedded fintech ecosystem and reinforcing amnis as a key participant within the business.
Along with Swisscom Ventures, current buyers, together with co-investor Lansdowne Funding Firm Ltd, participated within the funding spherical.
The spherical additionally included a CHF 2 million non-dilutive debt settlement with Lendity, a Switzerland-based progress capital investor.
This strategic addition diversifies amnis’ funding sources, offering larger flexibility to assist growth-related working capital wants.
“We intentionally selected an investor construction that aligns with our long-term technique,”
mentioned Michael Wüst, co-founder and CEO of amnis.
“With Swisscom Ventures, we’re writing a brand new chapter in our firm’s historical past. The involvement of such a distinguished consultant of the tech market confirms the power of our platform and our readiness for the following section.”
Trying forward, the corporate will proceed to deal with progress and profitability.
“The cooperation with Swisscom Ventures is the following logical step on this route,”
Wüst added.
As a part of its ongoing strategic growth, amnis can be saying modifications to its Board of Administrators.
Peter Gerlach has been appointed President of the Board, bringing intensive expertise and management to information the corporate via its subsequent stage of progress.
Moreover, Semih Kaçan, Funding Director at Swisscom Ventures, has joined as a brand new Board member, additional strengthening the fintech’s strategic route.
In the meantime, co-founders Robert Bloch and Philippe Christen will step down from the Board however will proceed to contribute to amnis of their respective roles as COO and CFO.
The corporate plans to increase into further European markets and improve its choices, together with e-commerce options, additional accounting integrations, and embedded card options.
Beforehand amnis closed a Sequence-A funding spherical of CHF 8.6 million in 2022 led by Lansdowne Companions.
Featured picture credit score: amnis
