Vitesse, a payments and treasury management platform for insurers, raises $93M to fuel US expansion | TechCrunch
U.K. fintech Vitesse has closed a $93 million Series C round of funding led by investment giant KKR.
KKR said it’s making the investment through its Next Generation Technology Growth Fund III, a $3 billion fund it closed last year.
Founded out of London in 2013, Vitesse is the handiwork of Paul Townsend and Phil McGriskin, who had sold an e-commerce payments company called Envoy to WorldPay back in 2011.
Vitesse targets insurance companies with an all-in-one treasury and payment management platf...
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