Fintech Insights - Railsr Raises $46 Million in Recent Funding Round

Railsr, a London-based embedded finance platform, recently raised $46 million in its Series C funding round. Previously known as Railsbank, the company has announced it has closed its funding round, led by Anthos Capital, who also led Railsr’s Series B funding round in 2021. Additional investors included CreditEase, Moneta, Outrun Ventures and Ventura, who are all also repeat investors.

Railsr provides a range of BaaS (Banking-as-a-Service) solutions including bank accounts, foreign exchange, money transfers, international transfers and the storing of digital assets. Since its launch in 2016, Railsr has expanded its reach to financial markets across the US, Europe, Australia and South-East Asia.