Latest news with #VitruvianPartners
Yahoo
30-05-2025
- Business
- Yahoo
UK paytech firm Dojo receives $190m equity funding
UK-based payments technology provider Dojo has secured a $190m investment from Vitruvian Partners, the company's first equity raise since its formation. The funding will support Dojo's growth initiatives within the UK and its expansion into additional European markets including Ireland, Italy, and Spain. The company seeks to advance the payments landscape with its cloud-native platform. Set up in 2021, it processes between six and nine million transactions per day, delivering transactions and "always-on" connectivity for its customers. Vitruvian Partners, with experience in the fintech and payments industry, will collaborate with Dojo's management team to facilitate the company's growth strategy. J.P. Morgan Securities was the sole placement agent for the investment round. Dojo chief financial officer Francois Callens said: 'In a short space of time, our game-changing technology and proven customer proposition has enabled us to become the market leader in the UK. Our ambition doesn't stop here. Dojo has a large and exciting opportunity ahead, and with the support of Vitruvian, we have the investment to deliver on our plans to scale our growth and enable in-person commerce across Europe. 'The investment is testament to the hard work from our team and the deep support from our partners and customers over the past four years. We are proud to demonstrate that the UK tech sector can attract global investment, and look forward to working with Vitruvian to deliver our shared ambition of bringing our technology to more Enterprises and becoming a leader in card payments in Europe.' In 2023, Dojo secured an e-money licence (EMI) from the Central Bank of Ireland, allowing the payment provider to offer its services in the region. "UK paytech firm Dojo receives $190m equity funding " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-05-2025
- Business
- Yahoo
Dojo announces landmark investment of $190 million from Vitruvian Partners
LONDON, May 28, 2025--(BUSINESS WIRE)--Dojo, the leading UK payments technology provider, today announces it has secured an investment of $190 million from Vitruvian Partners, a leading global growth investment firm. The investment marks the first equity raise in Dojo's history. The funds enable Dojo to significantly accelerate the company's continued growth in the UK and expansion across European markets. Dojo's mission is to reinvent the payments landscape to grow in-person commerce. Its next-generation cloud-native platform offers the flexibility to meet the evolving needs of enterprises. Dojo processes between 6 and 9 million transactions per day, delivering super-fast transactions and "always-on" connectivity to its customers. Since its launch in 2021 Dojo has grown rapidly, becoming an SME champion, and increasingly winning and supporting larger enterprises thanks to its highly scalable end-to-end platform. It brings a deep commitment to understand and meet the needs of its customers, from small, often family-run businesses, to some of the most recognised high street brands. As a result, Dojo has delivered exceptional growth – securing a leading market share in the UK, and engaging with 50 million unique consumer cards monthly. The investment will help Dojo build on its strong track record and accelerate its strategic growth plans, enabling it to scale across key European markets, including Ireland, Italy, and Spain. This will create a much larger addressable market for Dojo to leverage its highly scalable technology. Vitruvian brings strong experience in the fintech and payments sector, with a proven ability to identify and scale disruptive, ambitious businesses such as Dojo. Through the investment, Vitruvian will work in partnership with the management team to support Dojo's growth ambitions. Francois Callens, Chief Financial Officer at Dojo, said: "In a short space of time, our game-changing technology and proven customer proposition has enabled us to become the market leader in the UK. Our ambition doesn't stop here. Dojo has a large and exciting opportunity ahead, and with the support of Vitruvian, we have the investment to deliver on our plans to scale our growth and enable in-person commerce across Europe. "The investment is testament to the hard work from our team and the deep support from our partners and customers over the past four years. We are proud to demonstrate that the UK tech sector can attract global investment, and look forward to working with Vitruvian to deliver our shared ambition of bringing our technology to more Enterprises and becoming a leader in card payments in Europe." Stephen Byrne, Partner at Vitruvian Partners, said: "We're delighted to be partnering with Dojo at this critical point on their growth journey. The Dojo team have built next-generation technology that is disrupting card payments and believe they are well-positioned to benefit from an ongoing, fundamental shift towards embedded and integrated payments. Vitruvian's investment in Dojo builds on our track record in the payments sector and we look forward to providing capital and support to accelerate Dojo's growth." -ENDS- J.P. Morgan Securities PLC acted as Sole Placement Agent on the raise. About Dojo Dojo is a leading payment technology provider that empowers over 140,000 businesses to grow their in-person commerce. Dojo offers one of the world's leading multi cloud-native payments platforms to provide in-person and digital payments solutions alongside value-added services such as business funding and booking management software. Dojo's highly reliable technology can be installed in a matter of minutes - giving businesses big and small the power to make informed decisions through instant insight and process, manage and measure card payments securely and easily. About Vitruvian Partners Vitruvian Partners is a global growth-focused investor with offices across London, Stockholm, Munich, Madrid, Luxembourg, Mumbai, Singapore, Shanghai, Miami, and San Francisco. Vitruvian focuses on dynamic situations characterised by rapid growth and change across asset-light industries. Vitruvian has over $20 billion of active funds which have backed many global winners and leaders in their sectors, including Just Eat, EasyPark, Skyscanner, Marqeta, Wise, Global-e, CFC, Darktrace, and Bitdefender. Further information can be found at View source version on Contacts Media contact Dwight Burden / Katherine / 07850710242 / 07976870961
Business Wire
28-05-2025
- Business
- Business Wire
Dojo announces landmark investment of $190 million from Vitruvian Partners
LONDON--(BUSINESS WIRE)--Dojo, the leading UK payments technology provider, today announces it has secured an investment of $190 million from Vitruvian Partners, a leading global growth investment firm. The investment marks the first equity raise in Dojo's history. The funds enable Dojo to significantly accelerate the company's continued growth in the UK and expansion across European markets. Dojo's mission is to reinvent the payments landscape to grow in-person commerce. Its next-generation cloud-native platform offers the flexibility to meet the evolving needs of enterprises. Dojo processes between 6 and 9 million transactions per day, delivering super-fast transactions and "always-on" connectivity to its customers. Since its launch in 2021 Dojo has grown rapidly, becoming an SME champion, and increasingly winning and supporting larger enterprises thanks to its highly scalable end-to-end platform. It brings a deep commitment to understand and meet the needs of its customers, from small, often family-run businesses, to some of the most recognised high street brands. As a result, Dojo has delivered exceptional growth – securing a leading market share in the UK, and engaging with 50 million unique consumer cards monthly. The investment will help Dojo build on its strong track record and accelerate its strategic growth plans, enabling it to scale across key European markets, including Ireland, Italy, and Spain. This will create a much larger addressable market for Dojo to leverage its highly scalable technology. Vitruvian brings strong experience in the fintech and payments sector, with a proven ability to identify and scale disruptive, ambitious businesses such as Dojo. Through the investment, Vitruvian will work in partnership with the management team to support Dojo's growth ambitions. Francois Callens, Chief Financial Officer at Dojo, said: 'In a short space of time, our game-changing technology and proven customer proposition has enabled us to become the market leader in the UK. Our ambition doesn't stop here. Dojo has a large and exciting opportunity ahead, and with the support of Vitruvian, we have the investment to deliver on our plans to scale our growth and enable in-person commerce across Europe. 'The investment is testament to the hard work from our team and the deep support from our partners and customers over the past four years. We are proud to demonstrate that the UK tech sector can attract global investment, and look forward to working with Vitruvian to deliver our shared ambition of bringing our technology to more Enterprises and becoming a leader in card payments in Europe.' Stephen Byrne, Partner at Vitruvian Partners, said: ' We're delighted to be partnering with Dojo at this critical point on their growth journey. The Dojo team have built next-generation technology that is disrupting card payments and believe they are well-positioned to benefit from an ongoing, fundamental shift towards embedded and integrated payments. Vitruvian's investment in Dojo builds on our track record in the payments sector and we look forward to providing capital and support to accelerate Dojo's growth.' -ENDS- J.P. Morgan Securities PLC acted as Sole Placement Agent on the raise. About Dojo Dojo is a leading payment technology provider that empowers over 140,000 businesses to grow their in-person commerce. Dojo offers one of the world's leading multi cloud-native payments platforms to provide in-person and digital payments solutions alongside value-added services such as business funding and booking management software. Dojo's highly reliable technology can be installed in a matter of minutes - giving businesses big and small the power to make informed decisions through instant insight and process, manage and measure card payments securely and easily. About Vitruvian Partners Vitruvian Partners is a global growth-focused investor with offices across London, Stockholm, Munich, Madrid, Luxembourg, Mumbai, Singapore, Shanghai, Miami, and San Francisco. Vitruvian focuses on dynamic situations characterised by rapid growth and change across asset-light industries. Vitruvian has over $20 billion of active funds which have backed many global winners and leaders in their sectors, including Just Eat, EasyPark, Skyscanner, Marqeta, Wise, Global-e, CFC, Darktrace, and Bitdefender. Further information can be found at
Finextra
28-05-2025
- Business
- Finextra
UK fintech Dojo raises $190 million
UK payments technology provider Dojo has secured its first equity raise of $190 million from Vitruvian Partners. 0 Since its launch in 2021, Dojo's cloud-native payments platform has grown to serve over 140,000 businesses, processing between 6 and 9 million transactions per day. The company's platform integrates with more than 450 POS systems, offering both in-person and digital payments as well as additional services such as business financing and booking management software. The investment will be applied to help the firm scale across key European markets where it already has a presence, including Ireland, Italy, and Spain. Francois Callens, chief financial officer at Dojo, said: 'In a short space of time, our game-changing technology and proven customer proposition has enabled us to become the market leader in the UK. Our ambition doesn't stop here. Dojo has a large and exciting opportunity ahead, and with the support of Vitruvian, we have the investment to deliver on our plans to scale our growth and enable in-person commerce across Europe."
Techday NZ
20-05-2025
- Business
- Techday NZ
Outpost24 adds AI summaries to boost digital threat analysis
Outpost24 has introduced AI-powered summaries to the Digital Risk Protection modules of its External Attack Surface Management platform. The new feature is designed to provide efficient threat analysis by reducing the time security teams spend interpreting complex findings and helping organisations manage digital risks more effectively. Outpost24's Digital Risk Protection modules enable organisations to identify, monitor, and protect against potential cyber threats before exploitation occurs. These modules continuously scan for exposed credentials, brand impersonations, data leaks, and other risks, but the volume and intricacy of findings can pose challenges for rapid decision-making by security professionals. With the addition of AI-enhanced summaries, each DRP finding is automatically condensed into a 25-word explanation. By employing large language model (LLM) technology, the platform aims to streamline the interpretation of threat intelligence and provide concise, helpful information. The AI-generated summaries are intended to offer content insights in an accessible format, translate threat information from foreign languages into English, and distil complex intelligence into key areas of concern for users. "The latest AI-powered feature in Outpost24's Digital Risk Protection solution enhances efficiency by providing time-saving summaries that support informed decision-making and proactive threat management. We will continue expanding AI capabilities across our Attack Surface Management solutions," Omri Kletter, Chief Product Officer at Outpost24, said The AI-enhanced summaries join the existing Domain Discovery AI feature in the External Attack Surface Management platform, reflecting Outpost24's ongoing research and development in artificial intelligence for attack surface management. Outpost24 has stated that, although DRP results are inherently based on publicly available data, the company is taking steps to prevent further data exposure. The AI summaries will be generated through a private instance of a large language model to help ensure information is not leaked to third parties. Outpost24, a prominent European cybersecurity firm specialising in Attack Surface Management (ASM), has solidified its position in the industry through strategic investments and leadership enhancements. The company is backed by Vitruvian Partners, an international investment firm known for supporting high-growth technology companies. Founded in 2001 in Sweden, Outpost24 has expanded its global footprint, serving over 3,000 customers across 65 countries. The company's comprehensive cybersecurity solutions encompass ASM, Digital Risk Protection (DRP), and Identity and Access Management (IAM), enabling organizations to identify assets, mitigate risks, and monitor emerging threats effectively. A key component of Outpost24's approach involves its team of ethical hackers who specialise in identifying and addressing complex threats. These professionals collaborate closely with client teams to enhance security measures and contribute to the broader cybersecurity community through research and intelligence sharing.
