Fintech raises $6 million to scale AI platform

A London-based fintech is accelerating growth after securing fresh investment to expand its AI-driven platform designed to automate finance operations.

Round has raised $6 million in Seed funding in a round led by Alstin Capital, with backing from BACKED VC, Love Ventures and existing investors including Passion Capital.

The platform is designed to move beyond traditional finance software by automating tasks such as payments, payroll and cash management, reducing the need for manual processes.

Since launching its first automated workflows less than a year ago, Round has processed more than $500 million in transactions, working with high-growth companies across Europe.

Bosses say the funding will support product development, team expansion and deeper integrations with financial systems.

They add that Round is also launching new tools, including an AI-powered workflow builder and an autonomous payroll solution, as it looks to scale its offering and reshape how finance teams operate.

Hayyaan Ahmad, co-founder of Round, said: “We’re building for a world where finance doesn’t just analyse what’s happening – it actually runs it. 

“Today, finance teams spend too much time acting as the glue between systems. 

“With Round, they can describe what needs to happen, approve it, and it runs automatically in the background. 

“This funding allows us to take that model across every repetitive process in finance – from payments to payroll – and move teams away from manual execution towards real strategic work.”

Pac O’Shea, co-founder of Round, added: “Everyone’s trying to build an AI CFO – something that tells you what to do. 

“We’re focused on doing the work itself. 

“The biggest bottleneck in finance isn’t decision-making, it’s execution. 

“Teams are still manually running payments, moving cash and reconciling systems. 

“We’re building the execution layer that sits across that entire stack and runs it automatically. 

“This backing from some of Europe’s leading investors is a strong validation that this is where finance is heading.”

Andreas Schenk, partner at Alstin Capital, added: “Round understands that true finance automation requires infrastructure, not just software. 

“The platform is positioned between banks, ERPs, and payment rails and orchestrates cash flows in real time. 

“This is not an optimisation of existing processes, but a fundamentally new way for companies to manage their finance operations. 

“This vision and impressive execution convinced us as lead investor.”

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