London-based FinTech Hands In has raised over £1m in a funding round to accelerate its expansion across key sectors.
The split payments solutions provider will also use the investment to enhance its technology and scale operations to support its customer base.
The news of the fresh round comes after the startup raised £500,000 in 2023, meaning the firm has now raised over £1.5m in just two years.
The company’s end-to-end payment platform enables customers to split payments across multiple cards and payments, increasing conversion rates for businesses across different sectors.
The round includes backing from CONCRYPT founder and female angel investor Ryta Zasiekina, who will join the firm as an advisor, along with other prominent angel investors.
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“This investment marks another exciting milestone for Hands In. Our success with Air Europa demonstrated the power of our multi-card solution in reducing payment failures and increasing conversions,” said Hands In founder and CEO Samuel Flynn.
“With this new funding, we’re poised to scale our split payment technology, onboard more enterprise clients, and redefine split payments globally.”
Zasiekina added: “I am thrilled to announce that I have made an investment in Hands In.
“This investment reflects my ongoing commitment to the fintech sector and my active role in supporting innovative companies.
“Hands In’s goal is to elevate customer experiences and drive incremental revenue within the leisure and travel industries. Thanks to the latest round of funding, they secured a £140,000 contribution from me.”
The company will also use the investment to look forward to achieving their aim of €1m ARR.