Seapoint Secures €7.5M, Opens to UK & Irish Founders
▼ Summary
– Seapoint is a Dublin and London-based fintech company founded by former engineers from Stripe and Tide.
– The company’s AI-powered platform has processed over 100,000 transactions and 40,000 invoices for more than 80 early customers.
– It has raised a €7.5 million seed funding round led by the venture capital firm 13books.
– This investment brings Seapoint’s total funding to €10 million.
– The new capital allows the platform to open its services to any startup in the UK and Ireland.
A new AI-powered financial operations platform is now available to startup founders across the UK and Ireland. Seapoint, a fintech company with offices in Dublin and London, has successfully closed a €7.5 million seed funding round. This significant capital injection, led by the venture capital firm 13books, elevates the company’s total funding to €10 million. The primary objective of this new investment is to expand market access, allowing any early-stage company in the two nations to utilize its platform.
Founded by engineers formerly with Stripe and Tide, Seapoint has already demonstrated strong traction in its initial phase. The platform has processed more than 100,000 transactions and 40,000 invoices for a base of over 80 early customers. This proven performance with a select group provides a solid foundation for its broader launch. The platform is designed to automate and streamline complex financial workflows, a common pain point for growing startups that often lack dedicated finance teams.
The fresh funding will accelerate product development and support the company’s ambitious scaling plans. By opening its services to the wider UK and Irish startup ecosystems, Seapoint aims to become a foundational financial tool for new ventures. The move capitalizes on a clear market need for intelligent, automated back-office solutions, allowing founders to focus more on core business growth rather than administrative burdens. This strategic expansion marks a pivotal step in the company’s mission to redefine financial operations for the next generation of entrepreneurs.
(Source: The Next Web)
