AMNIS Treasury Companies, a Zurich-based fintech centered on worldwide banking options for firms, has closed its Sequence B funding spherical, elevating CHF 10 million to help its growth.
The spherical was led by Swisscom Enterprise.
amnis offers a world banking platform designed to assist SMEs function and scale globally by lowering transaction prices, streamlining crew bills, and automating accounting duties.
By addressing inefficiencies in cross-border finance, its multi-currency resolution affords 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 most recent funding strengthens amnis’ place in present markets whereas supporting its growth into new ones.
It additionally allows deeper integration with third-party accounting techniques and ERP functionalities, fostering a seamlessly embedded fintech ecosystem and reinforcing amnis as a key participant within the trade.
Along with Swisscom Ventures, present 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 better flexibility to help growth-related working capital wants.
“We intentionally selected an investor construction that aligns with our long-term technique,”
stated 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 energy of our platform and our readiness for the subsequent part.”
Trying forward, the corporate will proceed to give attention to progress and profitability.
“The cooperation with Swisscom Ventures is the subsequent logical step on this course,”
Wüst added.
As a part of its ongoing strategic growth, amnis can be asserting modifications to its Board of Administrators.
Peter Gerlach has been appointed President of the Board, bringing in depth 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 course.
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 develop into extra 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
