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Acquired.com secures £4 million capital raise

Acquired.com, the next generation payments business powering recurring commerce, has today announced the appointment of industry leader Eline Blomme as Chief Strategy and Product Officer.

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Holding an MBA from Warwick Business School, Blomme brings a wealth of experience from her role as Vice President at TrueLayer, where she was responsible for tailoring their Open Banking products for the eCommerce market. Prior to TrueLayer, Blomme spearheaded the development of Worldline’s global eCommerce offering. At Acquired.com, Blomme will lead the company’s strategy and focus on delivering market leading solutions in recurring commerce.

Blomme’s appointment follows Acquired.com’s completion of a £4m funding deal with Beach Point Capital Management. This financing comes after three years of consecutive strong revenue growth for Acquired.com and agreements with major customers such as Zopa Bank, Abound and Flutterwave. The injection will enable increased investment into the company’s people and Acquired.com’s four core payment pillars; Card Processing, Direct Debit, Pay by Bank & Real-Time Payments.

Greg Cox, Co-Founder and CEO of Acquired.com commented, “I’m delighted to welcome Eline to Acquired.com. Her expertise and deep industry experience will unlock new possibilities for our customers, as we look to capitalise on three years of consistent growth.”

“This is an exciting time for Acquired.com - this investment will enable us to double down on our focus of delivering a best-in-class payments experience for recurring commerce. We’ve worked hard to build out a brilliant product and a fantastic team, so I’m excited to see what is to come.”
Eline Blomme added, “The chance to come and work with Greg was one I could not turn down. His ambition for Acquired.com and the wider Quint Group is compelling, with their unique yet complementary propositions helping to fix some of the glaring problems in the fintech ecosystem. Acquired.com has performed incredibly strongly over the last few years, whilst also investing heavily in their core product & technology. It’s a fantastic opportunity and I can’t wait to get started.”

Acquired.com is a payments platform which enables businesses to collect and make digital payments via all core payment methods, through a single integration and commercial relationship. Acquired.com is built on next generation technology, with proprietary solutions which allow customers to benefit from flexible integration options and real-time insights.

Acquired.com is part of Quint, an award-winning fintech group which builds and scales fintechs solving key issues across payments and credit.

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