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
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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.
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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 [
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