UK-based fintech firm Vizolution has raised £10m in funding from Santander Consumer Finance, RBS and HSBC.
All the three investors already utilise Vizolution’s suite of solutions.
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Vizolution plans to use the new capital to support its global expansion and innovation.
The focus will be on North America and South America, which according to the fintech firm, offer huge opportunities for growth.
The company also aims to develop new products to improve its product portfolio that combines the benefits of face-to-face interactions and digital experience.
Additionally, the support of the three banks is said to provide the company with better understanding of the issues faced by the financial services sector. This will enable it to work accordingly to resolve the issues.
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By GlobalData“These banks are an excellent sounding board for new product development and will ensure that we are able to deliver the best possible solutions for our clients’ customers,” Vizolution noted.
Since commencing operations in 2013, Vizolution opened offices in Port Talbot and Boston. It also expanded its operations in Toronto.
