Australian embedded finance platform Shaype has raised A$33 million in a Collection C funding spherical led by Regal Funds Administration.
Shapye’s platform gives single API entry to a full suite of microservices for funds, KYC, information, insights and real-time transaction monitoring.
The Sydney-based agency is planning to roll out new providers for monetary providers, HR, proptech and authorities earlier than the tip of this yr.
The brand new funding will probably be used to beef up its 100-strong workforce and push worldwide growth.
Philip King, chief funding officer, Regal Funds Administration, says: “Shaype is on the forefront of a brand new breed of fintech that may allow monetary providers higher and extra value effectively than any incumbent due to the platform’s management, flexibility, and velocity.”