Welsh FinTech Sonovate has provided £1bn funding

December 12, 2019 | FinTech

Written by FinTech Alliance

Welsh FinTech Sonovate has provided £1bn funding

Sonovate, a FinTech for contract workers, has provided over £1bn to businesses.

In Brief:

  • Sonovate aims to disrupt the invoice finance space by helping companies access cashflow.

  • It has provided funding for contract workers in 39 different countries.

  • Sonovate works with 2,700 companies.

What does this mean?

The solution aims to provide freelance workers more control over their finances and help companies access talent. Sonovate will continue trying to transform the contingent worker market following this milestone which clearly demonstrates need.

Read more here.

 

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