Saible, the Construction Payments Fintech, Raises £2.9M to Protect Supply-Chain Payments Across UK Building Projects
What's happening
Saible, a Birmingham-based construction payments fintech, has raised a total of £2.9m to protect supply-chain payments across UK building projects. The raise includes a fresh £800,000 angel round added to £2.1m previously raised, and Saible says its software prevents project funds being delayed, withheld or trapped before reaching suppliers. The company is also launching a limited £50,000 offering alongside the new investment.
Why it's trending
Construction cashflow pain and supplier risk are top of mind, so tools that guarantee payment flow are getting investor attention now.
SignalNewly emerging, confirmed across 1 independent source type.
Story volume
Stories per dayAngles you could write
If you think construction payments are 'just slow', Saible's £2.9m raise proves the real problem is preventable, and profitable for startups solving it.
+2 more angles for this topic with an account — all it takes is your email.
Original sources4
- Saible raises £2.9m to protect UK construction payments
Saible, a Birmingham-based construction FinTech developing software to prevent project funds being delayed, withheld or trapped before reaching suppliers, has secured £2.9m in funding. The total comprises £2.1m previously raised alongside a fresh £800,000 angel round, bringing the company’s overall funding to £2.9m. In addition to the angel investment, Saible is launching a limited £50,000 [
FinTech GlobalJul 15 - Bibby secures €250m HSBC deal to fuel SME growth
Bibby Financial Services, the international financial services provider, has secured a €250m facility from HSBC UK as it looks to deepen its backing of small and medium-sized businesses throughout Europe and Asia. The arrangement builds on an established relationship between the two firms, delivering back-to-back receivables financing. With the new facility in place, BFS will […] The post Bi
FinTech GlobalJul 15 - Saible, the Construction Payments Fintech, Raises £2.9M to Protect Supply-Chain Payments Across UK Building ProjectsFinancial ITJul 15
- Bibby Financial snags €250 million finance facility from HSBC
International financial services provider, Bibby Financial Services (BFS), has agreed a €250 million facility with HSBC UK to grow its support for SMEs across Europe and Asia.
FinextraJul 14
More rising in Fintech
- OKX Secures Funding From SC Ventures, Circle and Ripple at US$25 Billion ValuationClimbing3.3Climbing3.3 momentum
- Modern Treasury applies for OCC national trust bank charterSteady0.9Steady0.9 momentum
- Experian Launches New Credit Reporting Agency to Deliver Cash Flow InsightsSteady0.9Steady0.9 momentum
- Ant International’s new payments model proves the future of financial AI isn’t just generative … it’s transactionalSteady0.7Steady0.7 momentum
- Inbenta’s Melissa Solis on Strategies for Effective AI Implementation in Financial ServicesSteady0.6Steady0.6 momentum
- Fraud is winning: Why identity, AML and Open Banking need to work togetherSteady0.5Steady0.5 momentum