# Banked funding: rounds and investors

> Banked has raised $31M across 4 rounds since 2018. Investors include Backed VC, Insight Partners and Citibank. Every round with its source.

Source: https://millionrounds.com/company/banked (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Banked*

4 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services Fintech

Funding summary Updated 26 Oct 2026

**$31M** raised across 4 rounds since 2018, from 4 sources

**$1.9M** Seed **$15M** Series A **$5.0M** Series A **$9.3M** Round

- **Latest round:** Round, $9.3M Feb 2025
- **Biggest round:** $15M Series A · Nov 2022
- **Step-up i:** 1.9×
- **Investors:** 6

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019 2020 2021 2022 2023 2024 2025

**$1.9M** Seed

**$15M** Series A

**$5.0M** Series A

**$9.3M** Round

- **First round:** Seed, $1.9M
- **Biggest round:** $15M
- **Usual gap between rounds:** 17 months

## The rounds

- **Feb 2025** Round **$9.3M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Sept 2023** Series A **$5.0M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Nov 2022** Series A **$15M** *5 new* *1 returning* [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [Citibank](https://millionrounds.com/fund/citi) [Bank of America](https://millionrounds.com/fund/bank-of-america) [Acrew Capital](https://millionrounds.com/fund/acrew-capital) [Backed VC](https://millionrounds.com/fund/backed-vc) [9Yards Capital](https://millionrounds.com/fund/9yards-capital) Source recorded
- **Nov 2018** Seed **$1.9M** *1 new* [Backed VC](https://millionrounds.com/fund/backed-vc) Reported by FinSMEs

## Funding filed with regulators

Banked filed 2 raises, $14M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Feb 2025 **$9.3M** UK share allotment
- Sept 2023 **$5.0M** UK share allotment

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2018 **Series A** 2022 **Series A** 2023 **Round** 2025 [Backed VC](https://millionrounds.com/fund/backed-vc) [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [Citibank](https://millionrounds.com/fund/citi) [Bank of America](https://millionrounds.com/fund/bank-of-america) [Acrew Capital](https://millionrounds.com/fund/acrew-capital) [9Yards Capital](https://millionrounds.com/fund/9yards-capital)

## Everyone who backed them

[Backed VC](https://millionrounds.com/fund/backed-vc) VC firm **2** rounds

[Insight Partners](https://millionrounds.com/fund/insight-venture-partners) VC firm **1** round

[Citibank](https://millionrounds.com/fund/citi) Growth equity **1** round

[Bank of America](https://millionrounds.com/fund/bank-of-america) Company **1** round

[Acrew Capital](https://millionrounds.com/fund/acrew-capital) VC firm **1** round

[9Yards Capital](https://millionrounds.com/fund/9yards-capital) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=banked).

## Also claim to have backed them

These 3 firms list Banked as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Firestartr](https://millionrounds.com/fund/firestartr) VC firm Per its own site

[Jampad](https://millionrounds.com/fund/jampad) VC firm Per its own site

[Edenred Ventures](https://millionrounds.com/fund/edenred-ventures) Corporate VC Per its own site

## Quick answers about Banked

### Who invested in Banked?

Banked's investors include Backed VC, Insight Partners, Citibank, Bank of America and Acrew Capital, and 1 more on record.

### How much has Banked raised?

Banked has raised $31M across 4 rounds since 2018.

### When did Banked last raise?

Banked's most recent round, $9.3M, was in Feb 2025.

### What was Banked's biggest round?

Banked's largest round on record is $15M (Series A), in Nov 2022.

### Who backed Banked first?

Banked's first round on record, in Nov 2018, was backed by Backed VC.

### What stage is Banked at?

Banked's latest named round is a Series A, in Sept 2023.

### Where is Banked based?

Banked is based in the United Kingdom.

## Companies like Banked

In the same sector, and raised in the last eighteen months.

[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Reactive Markets** Oct 2026](https://millionrounds.com/company/reactive-markets)[**IMMIX** $6.2M · Oct 2026](https://millionrounds.com/company/immix)[**TrueLayer** $376M · Oct 2026](https://millionrounds.com/company/truelayer)[**PlannerPal** $6.0M · Oct 2026](https://millionrounds.com/company/plannerpal)[**ELEMENTARYb** $4.2M · Sept 2026](https://millionrounds.com/company/elementaryb)

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