Irish FX-focused fintech ALT21 has raised €11m in its Series A round, one of the largest in the European sector. The funds will be used to automate FX processes and scale the business.
Amount Raised
€11 Million
Round Type
Series A
LondonArtificial IntelligenceMachine LearningNatural Language ProcessingInvestors
Description
ALT21 said it wants to automate certain steps in FX that can reduce operating costs, ensuring the customer can save money. The Series A funding round is one of the largest ever in the sector in Europe and will be used to scale up the business, which promises to slash the cost of foreign exchange (FX) transactions. The latest funding round will enable the business to accelerate global expansion, scale its go-to-market strategy and introduce new products. CEO Pritesh Ruparel emphasized the need for a transparent and efficient alternative in FX transactions.
Quick answer
ALT21 raised €11 Million in a Series A round, dated March 18, 2025. Investors: Super Angel Investors. ALT21 is based in London, England, United Kingdom.
- How much did ALT21 raise?
- ALT21 raised €11 Million in a Series A round on March 18, 2025.
- Who invested in ALT21?
- Super Angel Investors is named as investors in this round.
- What does ALT21 do?
- At ALT21, we’re on a mission to make currency hedging accessible to everyone.
- Where is ALT21 based and how big is it?
- ALT21 is based in London, England, United Kingdom.
- Who are the decision-makers at ALT21?
- Fundz holds 1 contact at ALT21. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Natural Language Processing and Artificial Intelligence around the same time
Companies in the same sectors as ALT21 that raised within 45 days of this round, from Fundz verified event records.
Who to call at ALT21, and when
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Funding Insights
What this usually meansALT21 raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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