Apron, an intuitive fintech platform that slashes the time small businesses spend processing invoices, has raised $15m in Series A funding led by Index Ventures, who were joined by Bessemer Venture Partners and Visionaries Club.
Founded in 2021 by Revolut product leader Bogdan Uzbekov and soft-launched just six months ago, Apron is already processing millions of pounds of transactions every month, working with hundreds of client companies and thousands of payment recipients. The funding is a sign of the growing appetite for consumer-grade experiences in B2B software, and of the commercial potential in addressing the under-served small and medium business (SMB) community.