The Melbourne-based startup FrankieOne announced that it has raised an additional USD 23 million AUD (roughly USD 15.4 million USD) in a Series A+ round, bringing the total raised for its Series A to USD 45 million AUD (roughly USD 30 million USD).
According to FrankieOne, this is the most venture capital money an Australian regtech has ever received. A number of previous investors participated in the funding, including the lead backers AirTree Ventures and Greycroft, as well as participants Reinventure (the venture arm of financial services company Westpac), Tidal Ventures, and Apex Capital Partners, all of whom are also current investors.
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According to the business, FrankieOne will be able to scale more quickly and grow in North America, Europe, and Asia-Pacific thanks to the most recent round of funding
Read More: AirTree and Greycroft return to lead Australian regtech FrankieOne’s Series A+
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