Episode Six secures $7 million in Series A funding round

Money raster iconset. Vector version is available in my portfolio

Episode Six has secured $7 million in a Series A funding round led by HSBC.

Episode Six offers a platform for creating financial and payments products for consumers and businesses. It also saw investments from Mastercard and SBI Investment, which first invested in Episode Six through its FinTech Business Innovation Fund in 2017.

“Financial institutions and innovators in other industries like healthcare are beginning to realise the constraints of legacy technology, especially given the increasing demand for new products and streamlined efficiencies,” said Episode Six CEO John Mitchell.

“We have developed financial technology which, via more than 500 APIs, facilitates that next level of configurability for companies looking to digitise their account and payments infrastructure or launch new products and solutions.”

“Episode Six has proven the power of its technology in Asia-Pacific, helping us develop digital wallet propositions to better serve our customers,” said Brian McKenney, Chief Innovation Officer of HSBC’s Global Liquidity and Cash Management division. “We look forward to exploring opportunities for expanding our product roadmap with Episode Six across other markets in the future.