Apron, the fintech brainchild of a Revolut Product Lead, nabs $15 million
in Collection A funding.
Within the bustling world of finance, the place invoices pile up like forgotten
chores, Apron is quickly rising as the answer to all our woes, securing $15
million in a Collection A funding spherical . Born from the artistic thoughts of Bogdan
Uzbekov, a former product lead at Revolut and European operations luminary at
Sq., Apron is striding onto the scene.
Apron‘s founder, Bogdan Uzbekov,
brings a historical past of innovation to the desk. His tenure at Revolut and Sq. has,
he says, instilled in him a deep understanding of the fintech panorama. Now,
with Apron, he is revolutionizing invoicing for SMBs. Apron soft-launched
earlier this 12 months and is poised for enlargement, bolstered by this $15 million
funding injection.
Bogdan Uzbekov, founding father of Apron, picture taken from LinkedIn.
Funding Led by Index Ventures
The Collection A funding was orchestrated by Index Ventures, with a supporting forged
that includes Bessemer Enterprise Companions and Visionaries Membership. With the Collection A funding,
Apron will develop its 20-strong crew, which incorporates expertise from Meta, Revolut,
Sq. and Yandex, and considerably develop its providing for accountants – a
main gross sales channel for the product.
Turning Bill Ache into Pleasure
Within the tumultuous realm of funds, the place transactions can typically appear
chaotic, Apron brings concord. With simply six months below its belt, Apron is
already shifting tens of millions in month-to-month transactions. It’s working with a whole bunch of
shoppers, in accordance with an announcement from the corporate.
‘What suppliers overlook is that the individuals behind companies are, nicely,
individuals – and so they need the identical high quality they’re acquainted with of their client
apps,’ says Uzbekov. ‘As a substitute of
making an attempt to unravel enterprise funds from only one perspective, we create a city
sq. the place everybody can come collectively to maneuver cash as easily as doable
–flipping funds from being a blocker to being a booster.’
Apron marries a user-friendly interface with meticulously designed
workflows. It seamlessly integrates with present accounting methods like Xero
and Quickbooks, eliminating the necessity to begin from scratch.
Whether or not you are a enterprise proprietor or have navigated the labyrinthine
world of B2B funds, you realize the tribulations of settling invoices. Within the
UK alone, £1.5 trillion traverses the bill cost course of yearly, consuming 5 hours of the everyday small enterprise proprietor’s week, in accordance with Apron, highlighting the necessity for its methods.
5 hours of our time again? Appears like a no brainer.
Apron, the fintech brainchild of a Revolut Product Lead, nabs $15 million
in Collection A funding.
Within the bustling world of finance, the place invoices pile up like forgotten
chores, Apron is quickly rising as the answer to all our woes, securing $15
million in a Collection A funding spherical . Born from the artistic thoughts of Bogdan
Uzbekov, a former product lead at Revolut and European operations luminary at
Sq., Apron is striding onto the scene.
Apron‘s founder, Bogdan Uzbekov,
brings a historical past of innovation to the desk. His tenure at Revolut and Sq. has,
he says, instilled in him a deep understanding of the fintech panorama. Now,
with Apron, he is revolutionizing invoicing for SMBs. Apron soft-launched
earlier this 12 months and is poised for enlargement, bolstered by this $15 million
funding injection.
Bogdan Uzbekov, founding father of Apron, picture taken from LinkedIn.
Funding Led by Index Ventures
The Collection A funding was orchestrated by Index Ventures, with a supporting forged
that includes Bessemer Enterprise Companions and Visionaries Membership. With the Collection A funding,
Apron will develop its 20-strong crew, which incorporates expertise from Meta, Revolut,
Sq. and Yandex, and considerably develop its providing for accountants – a
main gross sales channel for the product.
Turning Bill Ache into Pleasure
Within the tumultuous realm of funds, the place transactions can typically appear
chaotic, Apron brings concord. With simply six months below its belt, Apron is
already shifting tens of millions in month-to-month transactions. It’s working with a whole bunch of
shoppers, in accordance with an announcement from the corporate.
‘What suppliers overlook is that the individuals behind companies are, nicely,
individuals – and so they need the identical high quality they’re acquainted with of their client
apps,’ says Uzbekov. ‘As a substitute of
making an attempt to unravel enterprise funds from only one perspective, we create a city
sq. the place everybody can come collectively to maneuver cash as easily as doable
–flipping funds from being a blocker to being a booster.’
Apron marries a user-friendly interface with meticulously designed
workflows. It seamlessly integrates with present accounting methods like Xero
and Quickbooks, eliminating the necessity to begin from scratch.
Whether or not you are a enterprise proprietor or have navigated the labyrinthine
world of B2B funds, you realize the tribulations of settling invoices. Within the
UK alone, £1.5 trillion traverses the bill cost course of yearly, consuming 5 hours of the everyday small enterprise proprietor’s week, in accordance with Apron, highlighting the necessity for its methods.
5 hours of our time again? Appears like a no brainer.
