SME FinTech ANNA has raised US$21mn in investment.
In Brief:
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The investment all came from ABHH Group.
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ANNA is a UK FinTech aimed at SMEs and freelancers.
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It helps smaller businesses and entrepreneurs run accounts, invoice, make payments and more.
What does this mean?
Following the funding, ANNA is now valued at $110mn. It will use the capital to expand in Europe, while founders retain 40% of shares in the company.