visimoney
Kriya, a UK fintech company, has secured a new £50 million funding facility from the Viola Group to power B2B payments. The company plans to use this facility to enhance its PayNow and PayLater payment products and expand its support of export businesses operating in multiple markets. Kriya has collected over £27 billion in B2B payments and has advanced over £3.5 billion worth of credit to suppliers and buyers since its launch in 2011. Anil Stocker, CEO at Kriya, believes this funding is a validation of the company’s efforts to streamline financial operations for merchants and take advantage of the digitization of business transactions.
