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Announced

Completed

Temasek led a $180m Series C funding round in Soldo.

Financials

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Transaction Value£131m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

United Kingdom

Acquisition

Cross Border

Private

Completed

Private Equity

Software

Venture Capital

automation platform

Minority

Synopsis

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Temasek led a $180m Series C funding round in Soldo, a European pay and spend automation platform. The round was joined by Sunley House Capital, Citi Ventures, Accel, Battery Ventures, Dawn Capital and Silicon Valley Bank. "We are delighted to welcome Temasek as the lead investor. With a track record of investing in category-leading fintechs, Temasek's insights will be valuable to us as we scale our platform and offering. Managing business spend is costly and challenging, yet Soldo continues to demonstrate its value and ease to customers of every size and across every industry. It's clear this category will see exponential growth as more businesses realise the benefits and Soldo is well placed to support them," Carlo Gualandri, Soldo CEO and Founder.

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