Juni has closed a $100 million Series B funding led by Mubadala Capital, whose global fintech footprint includes investments in SpotOn, Brex, C2FO, WeFox, Cardless, and others.
All of Juni’s existing investors – EQT Ventures, Felix Capital, Cherry Ventures and Partners of DST Global – are also participating in the round.
Co-founded by CEO Samir El-Sabini and CTO Anders Orsedal in 2020, Juni is a financial management platform tailor-made for ecommerce that ties together physical and virtual cards, credit cards, accounting, analytics and digital advertising platforms, giving businesses a holistic view of their finances. In less than a year since its launch, Juni was recognised as the fastest growing fintech start-up in Europe in 2021.
In addition to the Series B funding, Juni has secured up to $106 million in venture debt financing from Silicon Valley-based TriplePoint Capital who has partnered with other innovative fintech companies such as Square, Revolut, N26, and Monzo.
