Fuel Ventures leads 1.5M seed round in Groov to transform embedded lending for SMEs
Briefly

from Business Matters2 months ago
Fuel Ventures' investment in Groov marks a significant step towards bridging the $1.2 trillion funding gap faced by SMEs by providing innovative embedded lending solutions.
Business Mattershttps://bmmagazine.co.uk/get-funded/fuel-ventures-leads-1-5m-seed-round-in-groov-to-transform-embedded-lending-for-smes/
Mark Pearson emphasized, 'We immediately saw they were onto something special. Their bold approach to innovating the SME capital space aligns with our commitment to backing visionary fintech solutions.'
Business Mattershttps://bmmagazine.co.uk/get-funded/fuel-ventures-leads-1-5m-seed-round-in-groov-to-transform-embedded-lending-for-smes/
Groov's CEO mentioned, 'This investment is a strong validation of our mission to empower SMEs with capital on their terms. We're excited to grow our platform.'
Business Mattershttps://bmmagazine.co.uk/get-funded/fuel-ventures-leads-1-5m-seed-round-in-groov-to-transform-embedded-lending-for-smes/
The funding from Fuel Ventures will enable Groov to expand its product offerings and enhance its presence across key markets, addressing critical business needs.
Business Mattershttps://bmmagazine.co.uk/get-funded/fuel-ventures-leads-1-5m-seed-round-in-groov-to-transform-embedded-lending-for-smes/
Read at Business Matters
#venture-capital #sme-financing #embedded-lending #fintech-innovation #groov
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