Financial Data Platform Pngme Closes $15M Series A Funding Round

​The San Francisco-based financial data platform Pngme recently announced the completion of $15M Series A funding round led by UK venture capital firm Octopus Ventures.

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According to the official press release, Pngme plans to use the capital to grow its financial data infrastructure, enhance its executive team and and product offerings. Besides, it is intended to expand its third-party data connections to other markets over the next year.

The firm is dedicated to enabling access to finance for everyone by providing mission-critical data infrastructure and forming learning models for the next generation of financial services.

“We are thrilled to have such incredible backing as we enter this new phase of growth. We are excited to expand our product and engineering capabilities and continue to build and deliver mission-critical data infrastructure and out-of-the-box machine learning capabilities for financial institutions and fintechs across sub-Saharan Africa,” said the company.