Total amount raised
€560 Millions
Latest funding date
11/1/2024
Location
SeQura has successfully raised over €410 million through various funding rounds, with its most recent round being a Venture - Series Unknown in November 2024. The company offers a range of eCommerce payment solutions designed to enhance conversion rates and secure payment certainty for retailers.
Keep reading to explore the intricacies of SeQura's fundraising journey and the investors backing this innovative platform.
What Is SeQura?
Founded in 2013, SeQura is headquartered in Barcelona, Spain. The company was established by David Bäckström, David Vrensk, Iván Parraga, Joaquim Ferrer, and Luis Miguel Oyaga.
SeQura specializes in providing eCommerce payment solutions that enhance conversion rates and ensure payment certainty for retailers. Their services include flexible payment options like "Pay Now," "Buy Now Pay Later," and installment plans.
With a workforce of 251-500 employees, SeQura continues to innovate in the payment solutions sector, partnering with over 4,000 physical and online stores.
How Much Funding Has SeQura Raised?
- Venture Round
- Amount Raised: €410M
- Date: November 2024
- Lead Investors: Citi
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance payment technology and digital shopping solutions.
- Convertible Note
- Date: November 2024
- Lead Investors: Svea Ekonomi
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand operations into the US, UK, and Germany.
- Debt Financing
- Amount Raised: €150M
- Date: September 2022
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support business growth and operational expansion.
- Venture Round
- Date: July 2016
- Lead Investors: Optimizer Invest
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale the business and enhance product offerings.
Total Amount Raised: €560M
Current Valuation: Not publicly disclosed
Key Investors
- Citi
- Details: Citi is a leading global bank with a presence in over 160 countries, providing a broad range of financial services and products. It is known for its extensive network and comprehensive financial solutions.
- Investment Focus Areas: Corporate and investment banking, wealth management, consumer banking.
- Notable Investments: Not publicly disclosed.
- Svea Ekonomi
- Details: Svea Ekonomi is a financial services company that provides various financial solutions including payment services, financing, and administrative services. It is known for its strong presence in the Nordic region.
- Investment Focus Areas: Financial services, payment solutions, credit management.
- Notable Investments: Not publicly disclosed.
- M&G Plc
- Details: M&G Plc is a global investment management company offering a range of investment solutions including mutual funds, savings, and investment plans. It has a significant presence in the asset management industry.
- Investment Focus Areas: Asset management, investment solutions, financial services.
- Notable Investments: Not publicly disclosed.
- Chenavari
- Details: Chenavari is a specialist asset management firm focusing on credit, structured finance, and private debt. It is known for its expertise in alternative investment strategies.
- Investment Focus Areas: Credit markets, structured finance, private debt.
- Notable Investments: Not publicly disclosed.
- Optimizer Invest
- Details: Optimizer Invest is a venture capital firm that focuses on early-stage investments in technology-driven companies. It aims to support innovative startups with growth potential.
- Investment Focus Areas: Technology, e-commerce, fintech.
- Notable Investments: Not publicly disclosed.
What's Next for SeQura?
SeQura's recent €410 million funding round opens up significant opportunities for growth. With this substantial capital, the company is poised to enhance its payment technology and expand its digital shopping solutions. This funding will enable SeQura to reach new markets and solidify its position in the competitive fintech landscape.
Future fundraising opportunities seem promising, given the current financial backing from major investors like Citi and M&G. However, SeQura will need to navigate challenges such as intense competition and regulatory hurdles in different markets. Continuous innovation will be crucial for maintaining its growth trajectory and staying ahead in the rapidly evolving fintech industry.
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