Marriott Harrison advises Soldo on Series B Fundraising

Wednesday 10th July, 2019

MH has advised Soldo on its $61 million Series B fundraising. Leading the round were Battery Ventures and Dawn Capital, with participation from previous backers Accel and Connect Ventures.

Soldo is a UK fintech that offers a multi-user spending account for businesses of all sizes – from SMEs to much larger enterprises – that need to deploy and manage expenses across an entire organisation. Soldo has offices in London, Rome, Milan and Dublin. Its Series B round will be used to further grow in the UK where it claims a “leadership position”, and in Italy and Ireland. The company also plans to enter new European markets and double its workforce over the next 12 months.

The Marriott Harrison team was led by corporate partner David Strong and included Frances Spooner and Mariya Uzunova.