Sonovate is raising £ 110 million to drive bill funding

Financial technology provider Sonovate plans to expand internationally and provide more working capital to SMBs and midsize businesses after raising £ 110 million Jane Connolly.

The British fintech has secured the combination of debt and equity financing in a round led by M&G Investments, MXB Holdings Inc., Rocket Internet SE and the existing investor Dawn Capital.

Since its launch in 2012, Sonovate has provided invoices for recruitment agencies, consultancies …

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