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Israeli fintech startup UNIPaaS lands $10M in Seed funds
Israeli fintech startup UNIPaaS looks to give multi-vendor B2B companies control over their funds, and a channel to monetize financial services Dor Schwartz / 9 Feb 2021 • 2 min read
Today (Tuesday), UNIPaaS, an Israeli fintech startup providing a payments solution for digital marketplaces and B2B SaaS companies, announced it has closed a $10 million Seed round. The investment was led by TPY Capital, with participation from FJ Labs, and a number of key private investors from the fintech sector, including NextDoor CEO Sara Friar and Gokul Rajaram, among others. Own their payment experience
Two years after he sold his company SafeCharge to Canada-based Nuevi for $890 million, Israeli entrepreneur David Avgi is launching a new startup called UNIPaas. It intends to use the funds to build out its solution for multi-vendor businesses to offer their own payment experience to manage and control funds, and leverage payments and financial services to generate new growth engines.
The new payments solution provider for digital marketplaces and B2B SaaS companies has raised a $10 million seed round led by TPY Capital with participation from global fintech leaders including Sarah Friar (CEO of NextDoor and formerly CFO of Square); Eric Sager (COO of Plaid); Sam Hodges, CEO of Vouch Insurance and formerly President of Funding Circle; and prolific product leader and angel investor Gokul Rajaram. Additional investors include FJ Labs, the world’s leading fund in marketplaces investments as well as serial entrepreneurs Talmon Marco (H2Pro; Juno; Viber); Boaz Palgi and Erez Webman