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Tuza raised £4m in a seed round led by Connect Ventures to fund its growth in tackling inertia among SMEs in the payments sector.

PRIVATEMay 02, 2024

Amount Raised

£4 Million

Round Type

Seed

LondonFinancial Services

Investors

Entrepreneur FirstTriple PointNorthzoneConnect Ventures

Description

Tuza, a price comparison platform, has secured £4m of seed capital from investors led by Connect Ventures. The funding will be used to further its mission of providing instant, transparent access to the best solutions for each business in the payments sector.

Who else raised in Financial Services around the same time

Companies in the same sectors as Tuza that raised within 45 days of this round, from Fundz verified event records.

  • Slice raised $20M (Debt Financing) on June 15, 2024.
  • Spiko raised $4.3M (Pre-Seed) on June 14, 2024.
  • CleverCards raised $8.6M on June 14, 2024.
  • BayaniPay raised $3M (Seed) on June 13, 2024.
  • AccountsIQ raised $65M (Series C) on June 13, 2024.
  • Aidentified raised $13M (Series B) on June 12, 2024.

Who to call at Tuza, and when

A new round usually means Tuza is about to hire and buy. The teams that reach out first get the meeting.

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  • Who you already know at Tuza, from your own LinkedIn network

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Company Information

Company

Tuza

Location

London, England, United Kingdom

About

At Tuza we're building an exchange for card payments to give businesses access to the most competitive rates for their payment terminals, while helping banks to access volume they want to process. This is important. Just like insurance, payments is a product priced on risk. But currently that risk is priced manually in spreadsheets, leading to businesses paying billions in extra card processing fees. We're working with the largest banks in payments to fix that, bringing the biggest change to how businesses access card payments in two decades.

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Tuza 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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