B2B payments FinTech Libeo has raised €20mn in its latest funding round.
In Brief:
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Libeo helps businesses manage international invoices without using an IBAN.
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The raise comes after a €4mn seed round last year.
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The round was led by DST which has also invested in Revolut, Checkout.com, and Funding Circle.
What does this mean?
Libeo says it will use the new funding to triple its workforce this year, and will expand operations using an API based service.