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Kriya secured a new £50m funding facility from Viola Group to facilitate over £1bn of B2B payments over the next 24 months.

Dec 16, 2024about 1 year ago

Amount Raised

£50 Million

LondonFinanceFinancial Services

Investors

Viola Group

Description

Kriya, a B2B payments FinTech firm, has secured a new £50m funding facility from Viola Group. This funding aims to help Kriya power over £1bn of B2B payments within the next two years.

Company Information

Company

Kriya

Location

15 Worship Street

London, England, United Kingdom

About

Kriya is transforming modern B2B finance by empowering merchants and their buyers with seamless tools to trade, pay, and get paid across every channel; through PayLater, Invoice Finance, and Working Capital solutions, Kriya helps businesses close bigger deals, offer flexible terms, and unlock vital cash flow, having advanced over £4 billion in credit since 2011, and now, as part of Allica Bank—the UK’s fastest-growing digital business bank—it’s combining fintech innovation with bank-grade scale to build the next generation of working-capital infrastructure.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech