British FinTech firm Rimilia has raised $15mn in a growth round.
One of the investors was Eight Broad Ventures.
The FinTech uses AI to automate payments.
It was founded in 2008 and last year helped process the collection of £110bn.
What does this mean?
Rimilia has worked with clients including Disney and HSBC. It uses AI to speed up the payments process for customers and with this new funding will continue to cut cost and time involved.